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Dangote Foundation, GBCHealth set to build coalition on health
Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.
Chairman of Dangote Foundation, Aliko Dangote, shared plans to build an African Business Coalition on Health (ABCHealth), during the Bloomberg Global Business Forum, he was co-hosting, and which took place alongside the United Nations General Assembly this week in New York.
According to him, the African-led coalition of companies and philanthropists, will seek to improve the health and wellbeing of Africans, both within the workplace and within the broader communities. He stated that the partnership will develop and deploy impactful health programs across Africa, deepening knowledge, building evidence for future investment and strengthening coordination among African philanthropists, business leaders, companies and local business networks.
The Coalition is building on the leadership, reputation and convening power of the Aliko Dangote Foundation and the experience, reputation and global reach of GBCHealth. Critical issues that will be the focus of the partnership ranges from nutrition to malaria, with priorities identified and agreed by local leadership.
Through his Foundation, Dangote has made an unprecedented grant and seed contribution to GBCHealth of US$ 1.5 million over three years as a call to action and a signal to the African business community of the importance of working together and investing in health.
“The time is ripe for the private sector to proactively demonstrate its value in partnering to lead a new era in development,” said Mr. Dangote. “The coalition can provide much needed guidance to ensure activities and investments are driving results in areas where the private sector can have real impact, focusing on holistic and integrated solutions that cross borders. We look forward to working with other business leaders as partners in development to drive this impact.”
Co-chair of GBCHealth’s Board of Directors, Aigboje Aig-Imoukhuede said, “This coalition brings together two heavyweights in the health and development arena”.
“Together we have an opportunity to demonstrate how investing in health and creating healthier populations, can help business maximize shareholder value, accelerate economic growth and make entry into new markets more feasible.”
The coalition will have five primary objectives over its first three years:
The Aliko Dangote Foundation has demonstrated expertise in implementing result-oriented health programs in Nigeria and across Africa
Incubate partnerships on priority health programs to enhance and accelerate results;
Work directly with companies to optimize workplace and community health programs;
Advocate for policies and initiatives that drive system-level changes;
Create a hub of data and insights specific to Africa and African business;
Curate leadership events to convene and drive action around common health issues, across sectors.
The program will kick off in Nigeria and roll out through business regions in Africa and beyond over the next three years.
The continent currently has 400 companies with revenue of more than $1 billion per year, and these companies are growing faster, and are more profitable in general, than their global peers. Coupled with these fast-moving regional leaders, small and growing businesses create 80% of the continent’s employment and are stoking the engines of growth.
Against this backdrop, according to Dangote, there’s a new cadre of responsible business leaders and philanthropists who understand the value and promise of sustainable large-scale investments in African countries, and are poised to make an even bigger impact on the continent’s people and economies.
Investments in better training, healthcare and supply chain accountability have demonstrated direct financial return through gains in productivity and efficiency, while support for social programs has accelerated economic growth and raised incomes which in turn unlocks a wider consumer base and makes entry into new markets more feasible.
In her comments, CEO of the Dangote Foundation, Zouera Youssoufou, said “GBCHealth has a strong track record of bringing diverse groups together to improve the health wellbeing of communities. We look forward to collaborating to build an African business community united as a force for healthier and more inclusive development.”
“What is needed now is an approach that combines the value of local insights and trusted networks with the leverage of a global platform and expertise to support the more coordinated and impactful involvement of the African private sector across the continent and within the global development community,” commented Mr. Aig-Imoukhuede.
“The coalition builds on the local-to-global business approach we have developed in Nigeria through our work with the Corporate Alliance on Malaria in Africa (CAMA). The Aliko Dangote Foundation has demonstrated expertise in implementing result-oriented health programs in Nigeria and across Africa. We look forward to our collaboration to bring insights from this work to a global audience,” said Nancy Wildfeir-Field, President of GBCHealth.
Immediate plans include hiring an African based CEO for ABCHealth, and building a support base for the coalition working towards a launch in early 2018.
The foundation is generously providing office space and support for coalition staff over the first three years of development.
“It’s an ambitious and bold project,” said Dangote, “but the only way to move Africa forward is to take bold moves, to think big, dream big and do big things together – breaking down silos, working across borders and working across sectors– with government and with each other.”
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Alleged KGB Infiltration: Police in Dilemma as Senator Natasha Abandons Petition, Snubs Summons
The Nigeria Police Force appears to be in a quandary over its investigation into the alleged infiltration of the National Assembly by Russia’s KGB (Komitet Gosudarstvennoy Bezopasnosti), the former Soviet security agency.
Checks revealed that the police had invited the Senator representing Kogi West, Sunday Karimi, for interrogation following a petition filed by his colleague, Senator Natasha Akpoti-Uduaghan of Kogi Central.
In the petition dated March 5, 2025, Akpoti-Uduaghan, who is currently serving a six-month suspension from the Senate, urged the police to investigate Karimi’s claim that the KGB had infiltrated the National Assembly, posing a serious threat to Nigeria’s democracy.
She specifically alleged that Senator Karimi had circulated a report titled “KGB Agent Group Warns Senate: A Call for Vigilance Amidst Threats to Democracy” on the official WhatsApp group of the 10th Senate on February 23, 2025.
Describing the claim as a matter of national security, Akpoti-Uduaghan insisted that the alarm raised by Karimi should not be taken lightly. “No nation can afford to ignore the presence of such a group within its legislative body,” she emphasized in her petition.
Karimi Appears Before Police, Natasha Recoils
Further investigations revealed that Senator Karimi honored the police invitation on Monday, appearing at the Force Headquarters in Abuja to clarify his position.
Sources within the police described his session as “positive and insightful,” revealing that he admitted to sharing the report in question. However, the police were reportedly taken aback when Senator Akpoti-Uduaghan distanced herself from the petition and ignored requests to appear for questioning.
“We reached out to her after our session with Senator Karimi, expecting her to provide further clarification, but she has continuously ignored our invitation,” a senior police source disclosed.
“What is disturbing is how she suddenly abandoned such a serious petition against her colleague. First, she claimed to be outside the country, but a viral video has since surfaced showing her in her constituency. It is difficult to reconcile her claims with the information available to us,” the source added.
The police official, who spoke on condition of anonymity, further hinted at possible political undertones behind the petition.
“We do not want to meddle in the ongoing power play within the Senate. However, it would be scandalous if she attempted to use the police as a tool in her political battles.”
When asked about the possible next steps, the source stated that his superiors would determine the fate of the petition, which he described as “frivolous.”
The Federal Polytechnic Ayede, Oyo State, has announced that its 2024/2025 matriculation ceremony will take place on Thursday, 27th March 2025.
In a statement signed by the institution’s Protocols and Public Relations Officer, Mr Sunday Adepoju, on behalf of the Rector, Engr. Dr Taofeek Adekunle Abdul-Hameed, the event is scheduled to hold at the polytechnic’s temporary site in Iresa-Pupa, Surulere Local Government Area of Oyo State.
According to the statement, the academic procession will commence at 9:00 a.m., followed by the main ceremony at 10:00 a.m.
Established in 2021 under the administration of former President Muhammadu Buhari, Federal Polytechnic Ayede admitted its pioneer students in the 2022/2023 academic session. Initially, the institution commenced with four departments: Science Laboratory Technology, Computer Engineering Technology, Computer Science, and Statistics.
By the 2023/2024 academic session, the institution expanded its academic offerings with eight additional National Diploma (ND) programmes, increasing the total to 12. The newly introduced courses include Computer Engineering Technology, Electrical/Electronic Engineering Technology, Agricultural Technology, Science Laboratory Technology, Computer Science, Statistics, Tourism Management Technology, Estate Management and Valuation, Urban and Regional Planning, Accountancy, Business Administration and Management, and Public Administration.
These 12 ND programmes are structured under five academic schools, School of Agricultural Technology,School of Science and Technology, School of Engineering Technology, School of Environmental Technology and School of Management Sciences.
The institution also announced that the orientation programme for fresh students commenced on Tuesday, 25th March, and will continue on Wednesday, 26th March, at the Iresa-Pupa temporary site. The programme will feature addresses from distinguished scholars and professionals, providing guidance to the new students on academic and campus life.
Since its inception, Federal Polytechnic Ayede has recorded remarkable strides in academic excellence, infrastructural development, training and re-training, as well as sports and extracurricular activities.
Bitcoin and other leading cryptocurrencies extended their gains on Monday, driven by positive investor sentiment despite concerns over upcoming U.S. tariffs and key economic data releases later this week.
As of 9:55 am WAT, Bitcoin rose 3.71% to $87,480, while Ethereum gained 4.05%, trading at $2,093. The global cryptocurrency market capitalisation increased by 2.94% in the past 24 hours, reaching $2.84 trillion.
Other notable performers included XRP, Cardano, and Dogecoin, which posted gains of 3%, 2%, and 3.8%, respectively. Chainlink, Avalanche, Hedera, and Stellar also recorded growth ranging from 3% to 10%.
“Bitcoin is holding above $86,000, registering a 3% gain today. The key resistance level to watch is $86,700; a breakout could pave the way for $90,000,” said Vikram Subburaj, CEO of Giottus.
Bitcoin’s market capitalisation surged to $1.727 trillion, with dominance rising to 60.73%. Its 24-hour trading volume soared by 93% to $18.2 billion, while stablecoin transactions accounted for 94.74% of total crypto trading, reaching $57.58 billion, according to CoinMarketCap.
Solana Leads the Charge
Solana (SOL) emerged as a standout performer, surging over 7% in the past 24 hours to trade above $139.
The rally was fueled by reports suggesting that President Trump’s April 2 tariffs may be more targeted than initially feared, easing market concerns.
Solana’s momentum aligns with increasing adoption rates. DeFiLlama reported that Solana’s total value locked (TVL) reached 54.87 million SOL, its highest level since June 2022. Additionally, Ali Charts revealed that a record 11.09 million addresses now hold SOL, underscoring growing investor confidence.
Further supporting the bullish outlook, over $72 million in assets have recently been bridged from Ethereum to Solana. Solana’s weekly active addresses (17 million) now significantly exceed Ethereum’s (1.8 million), while Binance’s rising SOL wallet balances suggest fresh accumulation following recent selling activity.
Institutional Interest on the Rise
Institutional acceptance of Solana continues to grow, with Volatility Shares launching two Solana futures ETFs (SOLZ and SOLT) on Nasdaq on March 21.
Major asset managers, including Franklin Templeton and VanEck, have also applied for spot Solana ETFs, signalling increased interest in the cryptocurrency.
Meanwhile, BitMEX co-founder Arthur Hayes expressed optimism about Bitcoin’s trajectory, stating, “The Fed’s policy orientation could help Bitcoin achieve $110k before it retests $76.5k.”
With the crypto market gaining momentum, investors remain focused on key technical levels and macroeconomic developments that could shape future price movements.
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