Real Reasons Globacom Is Committed To Africa’s Business Growth

One of Nigeria’s foremost telecommunications companies, Globacom, has said that it is committed to supporting any initiative that can assist the continent of Africa to realize its huge potentials.

Globacom said this as it explained why it is partnering with the organizers of this year’s edition of the Africa CEO Forum.

The telecom operator said Africa CEO Forum is one of the initiatives that can further the economic interest of the continent as it will provide a platform for chief executives of African businesses, international investors and policymakers to champion private sector-led growth on the continent. The forum is scheduled to hold in Kigali, Rwanda, on March 25 and 26.

Globacom said in a statement released in Lagos: “We share Africa CEO Forum’s objective of using regional integration to drive private sector growth and create more African champions.”

Globacom said the partnership was part of the company’s efforts to empower African businesses and spur economic growth in the region, adding that it had been in the forefront of promoting economic growth on the continent since it began commercial operation in 2003. The operator said it had continuously invested heavily in building reliable communication infrastructure to support economic freedom.

The fully integrated telecom company is the 2019 Apex Diamond partner of the event. The company’s Executive Vice Chairman (EVC), Mrs. Bella Disu, will also play a prominent role at the forum as chair of the ‘Women in Business Initiative’ session.

“We became the first company to single-handedly build an international submarine cable, Glo 1, to provide sufficient bandwidth to drive internet penetration,” Globacom said, adding that, “the 9,800-km-long cable has landing points in Lagos, Nigeria; Accra, Ghana; Dakar, Senegal; Nouakchott, Mauritania; Casablanca, Morocco; Sesimbra, Portugal; Vigo, Spain, and Bude in England.”

The company expressed the hope that the forum would galvanise the continent towards prosperity, given the profile of participants and the range of issues to be tackled.

This year’s edition of Africa CEO Forum will feature over 40 panel discussions, public-private workshops and case studies by business leaders, shareholders, investors, heads of state and ministers.

The forum with the theme Open Africa: from continental treaties to business realities 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”.