Aigboje Aig-Imoukhuede, chairman of Access Holdings and Aig-Imoukhuede Foundation, has pledged that both organisations would donate $300 million to fund government initiatives in Africa.
Imoukhuede announced the commitment at the 2024 edition of the Africa CEO Forum, according to a statement on the foundation’s X handle on Friday.
Under the arrangement, Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million to fund African government initiatives with a proven potential to transform national economic performance for the next twenty years.
“At the Africa CEO Forum, our chairman announced the commitment of $300 million by the Aig-Imoukhuede Foundation and Access Bank Group to fund African government initiatives with a proven potential to transform national economic performance over the next twenty years,” the Foundation posted.
“This powerhouse initiative is set to bridge the gap between Africa and the rest of the world, empowering the continent with game-changing infrastructure to unlock its full potential.”
The Foundation quoting Imoukhuede, said “While acknowledging the journey ahead, I envision Africa not just occupying seats but hosting its own tables. We must leverage our vast common markets, such as population size and the dynamism of our youth, to our advantage.
“By doing so, the tables we preside over could wield significant influence in global affairs,” he said.