Africa Business Leaders’ Climate Statement

Committed to a sustainable, prosperous Africa

There is no doubt: the multiple impacts of climate change are disproportionately more damaging to Africa than any other part of the world. Climate action is integral to solving the continent’s most-pressing issues, and the private sector has a critical role to play.

The Africa Business Leaders Coalition (ABLC) is committed to sustainable development and ambitious climate action by bringing the perspectives of African CEOs and Board Chairs into the global conversation.

Africa Business Leaders’ Climate Statement

At COP27 – the African COP – in Sharm El Sheikh, the ABLC released the African Business Leaders’ Climate Statement. This statement, informed by the six regional roundtable discussions held by the ABLC from June to August, and signed by 56 African companies from a diverse range of sectors, includes commitments around adaptation and resilience, a just transition and mitigation, and calls to action for the international community to support the African continent in these endeavors.

We commit to participate in the UN Global Compact and to uphold its Ten Principles in our business practices and with our suppliers and customers.

We commit to develop robust company resilience plans to improve our adaptive capacity and build systemic resilience by explicitly accounting for climate risks in our business and investments and enabling our suppliers to do the same.

We commit to uphold the guiding principles of a just transition as central to all our climate actions and advocacy, starting with developing company-level just transition plans, ensuring no one is left behind.

We commit to set company targets to drastically increase the share of renewables in our energy use that will contribute to the continental ambition of 27% of renewable power generation by 2030.

We call on the international community to fulfil and enhance the 100-billion-dollar goal by 2023 at the latest and ensure that at least 50% is invested in adaptation and resilience.

We call for the creation of an enabling environment that facilitates increased access to finance and ensures that African businesses can leverage global markets to accelerate the transition to a future fit economy.

We call African Governments to translate climate plans, such as their NDCs and NAPs, into pipelines of bankable climate projects.

We call on the international community to promote technology and knowledge exchange to make decarbonization and adaptation technologies and knowledge more accessible to local companies, communities, and Governments.

We commit to elevate the voice of the African private sector and bring the African perspective to global stages – such as COP27 – to advocate for the sustainable prosperity of our people, our businesses, and our continent.

Signatories

• Arrie Rautenbach, Group CEO
  ABSA GROUP LIMITED
  South Africa

• Dr. Herbert Wigwe, CEO
  ACCESS CORPORATION
  Nigeria

• Segun Ogunsanya, CEO & Managing Director
  AIRTEL AFRICA PLC
  Nigeria

• Stephan Saad, Chief Executive & Head of Board
  ASPEN PHARMACARE HOLDINGS LIMITED
  South Africa

• Hassanein Hiridjee, Co-CEO
  AXIAN
  Madagascar

• Seddiq Hassani, Group Managing Director
  BAMBURI CEMENT
  Kenya

• Brahim Benjelloun Touimi, Director and General Manager
  BANK OF AFRICA
  Morocco

• Olukayode Pitan, Managing Director & CEO
  BANK OF INDUSTRY
  Nigeria

• Habib Ben Saad, CEO
  BANQUE DE TUNISIE
  Tunisia

• Mohamed Agrebi, General Manager
  BANQUE INTERNATIONALE ARABE DE TUNISIE SOCIÉTÉ ANONYME
  Tunisia

• Mohamed Mahmoud Eletreby, Chairperson
  BANQUE MISR
  Egypt

• Nompumelelo Madisa, CEO
  BIDVEST
  South Africa

• Charles Kimani Njuguna, Acting Group Managing Director
  BRITAM HOLDINGS PLC
  Kenya

• Bolaji Balogun, CEO
  CHAPEL HILL DENHAM
  Nigeria

• Bertina Engelbrecht, CEO
  CLICKS GROUP LIMITED
  South Africa

• Nasim Mohamed Devji, Group CEO, Managing Director & Executive Director
  DIAMOND TRUST BANK KENYA LIMITED
  Kenya

• Rita Maria Zniber, CEO & Chairperson
  DIANA HOLDING
  Morocco

• Jane Karuku, Group Managing Director & CEO
  EAST AFRICAN BREWERIES LIMITED
  Kenya

• Ademola Ayeyemi, Group CEO
  ECOBANK TRANSNATIONAL INCORPORATED
  Nigeria

• Sebastien de Montessus, CEO, President & Board Member
  ENDEAVOUR MINING PLC
  MNC

• Dr. James Mwangi, CEO
  EQUITY GROUP HOLDINGS PLC
  Kenya

• Adesola Adeduntan, Managing Director/CEO
  FIRST BANK OF NIGERIA LIMITED
  Nigeria

• Omoboyede Olusanya, CEO & Group Managing
  FLOUR MILLS OF NIGERIA PLC
  Nigeria

• Karim Dostmohamed, General Manager
  FRIGOKEN LIMITED
  Kenya

• Hichem Elloumi, Chairperson & CEO
  GROUPE ELLOUMI (COFICAB)
  Tunisia

• Phumzile Langeni, Chairman and Non-Executive Director
  IMPERIAL LOGISTICS LTD
  South Africa

• Hend el Sherbini, CEO
  INTEGRATED DIAGNOSTICS HOLDINGS (IDH)
  Egypt

• Karim Bernoussi, CEO
  INTELCIA
  Morocco

• Fani Titi, CEO
  INVESTEC GROUP
  South Africa

• Galeb Gulam, CEO
  IPS KENYA
  Kenya

• Juliet Anammah, Chairperson & Group Chief Sustainability Officer
  JUMIA
  Nigeria

• Paul Russo, CEO & Managing Director
  KCB GROUP PLC
  Kenya

• Dr. Toseef Din, CEO
  M P SHAH HOSPITAL
  Kenya

• Imad Toumi, Chairperson & CEO
  MANAGEM S.A.
  Morocco

• Phuthi Mahanyele-Dabengwa, CEO, South Africa
  NASPERS
  South Africa

• Stephen Gitagama, Group CEO
  NATION MEDIA GROUP PLC
  Kenya

• Iain Williamson, CEO
  OLD MUTUAL LIMITED
  South Africa

• Alioune Ndiaye, CEO of Orange Middle East & Africa
  ORANGE S.A.
  MNC

• Yasmine Mohamed Farid Khamis, Chair
  ORIENTAL WEAVERS
  Egypt

• Mohamed Mahjoub LANGAR, CEO
  POULINA GROUP HOLDING S.A.
  Tunisia

• Ahmed Heikal, Founder & Executive Board Member
  QALAA HOLDINGS S.A.E.
  Egypt

• Tarek El Gamal, Chairperson
  REDCON CONSTRUCTION
  Egypt

• Peter Ndegwa, CEO
  SAFARICOM LIMITED
  Kenya

• Paul Hanratty, Group CEO
  SANLAM LIMITED
  South Africa

• Tavaziva Madzinga, CEO
  SANTAM LIMITED
  South Africa

• Alexander van Coller Thiel, CEO of Sappi Southern Africa
  SAPPI LIMITED
  South Africa

• Martin R. Ochien’g, Group Managing Director
  SASINI PLC
  Kenya

• Helmy Abouleish, CEO
  SEKEM GROUP
  Egypt

• Yaseen Abdel-Ghaffar, Managing Director
  SOLARIZE EGYPT
  Egypt

• Orlando Lyomu, Group CEO
  STANDARD MEDIA GROUP
  Kenya

• Mohammed Bouzoubaâ, CEO
  TRAVAUX GÉNÉRAUX DE CONSTRUCTION DE CASABLANCA S.A
  Morocco

• Chris Jardine, CEO
  TSEBO SOLUTIONS GROUP (PTY) LTD
  South Africa

• Peter Njonjo, CEO
  TWIGA FOODS
  Kenya

• Dr. Amir Barsoum, CEO & Co-founder
  VEZEETA
  Egypt

• Mohamed Shameel Aziz Joosub, CEO
  VODACOM GROUP LIMITED
  South Africa

Read the original article on UN Global Compact