–As continent’s biggest business Forum for CEOs opens in Kigali March 25
Globacom has said that there is need to empower African businesses to spur economic growth in the region. The company said this is the reason why it is in the forefront of supporting the 2019 Africa CEO Forum.
While stressing the need for big businesses to continue to invest in the continent to promote economic dynamism and independence, Globacom pledged to sustain its investment in communication infrastructure to enhance the industrialization of the continent.
Globacom cited its Glo1 submarine cable as an example of its passion for driving pan-African investments. “We became the first company to single-handedly build an international submarine cable, Glo 1, to provide sufficient bandwidth to drive internet penetration in parts of Africa,” the company said. The Glo1 cable has landing points in Lagos, Nigeria; Accra, Ghana; Dakar, Senegal; Nouakchott, Mauritania and in Casablanca, Morocco, while terminating in Bude England through Sesimbra in Portugal and Vigo in Spain.
In a statement issued in Lagos on Thursday ahead of the 2019 Africa CEO Forum which will be held in Kigali, Rwanda, on March 25 and 26, the leading digital solutions provider as well as voice and data network said it shared the CEO Forum’s objective of using regional integration to drive private sector growth and create more African champions. The firm says it hopes the forum will push the continent towards prosperity, given the profile of participants and the range of issues to be tackled.
Globacom is corporate sponsor of the forum in the Apex Diamond partner category. The company’s Executive Vice Chairman (EVC), Mrs. Bella Disu, will also chair the ‘Women in Business Initiative’ session.
The telecoms firm said Africa CEO Forum will help Africa move towards economic growth and development.
The two-day Kigali summit will provide avenue for chief executives of African businesses, international investors and policymakers to champion private sector-led growth on the continent. The event will feature over 40 panel discussions, public-private workshops and case studies by business leaders, shareholders, investors, heads of state and ministers. They will discuss key challenges facing Africa’s private sector, including the “representation of top women executives in the boardroom and the modernization of family business governance”.
