A selected high-level audience composed of business leaders and development experts were present at the signing ceremony on September 16 2016, in Montreal, Canada. The event, ‘Changing Africa: Enabling growth through the private sector’, led by the Chief Executive Officer of the Ecobank Foundation, Ms. Julie Essiam, took place on the side-lines of the Global Fund’s Fifth Replenishment Conference.
According to the terms of the agreement, Ecobank Foundation will work with the Global Fund to build the partnership into an engagement and advocacy platform for organisations and individuals who share a vision of accelerating the transformation of Africa.
Ade Ayeyemi, Ecobank Group Chief Executive Officer, pledged USD3 million at the Global Fund's Fifth Replenishment Conference in Montreal. Canada’s Prime Minister Justin Trudeau hosted the event attended by Heads of State, government officials and hundreds of private sector and development leaders from across the globe. The Fifth Replenishment raised USD 12.9 billion with a goal of saving 8 more million lives.
Mr. Ayeyemi said, “Our job as bankers is to build the technical infrastructure that brings tens of millions more Africans into a more formal financial system. Ecobank’s founding fathers established a Pan-African bank to support Africa’s transformation. We are pleased to renew our productive partnership with the Global Fund. I am confident that we are a step closer to enabling prosperity across Africa.”
The Global Fund is an organization designed to accelerate the end of HIV/AIDS, tuberculosis, and malaria as epidemics. As a partnership between governments, civil society, the private sector and people affected by diseases, the Global Fund mobilizes and invests nearly US$4 billion annually to support programmes run by local experts in more than 100 countries and supports attainment of the Sustainable Development Goals adopted by the United Nations.
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