Africa Business Leaders Coalition

Unlocking the Potential
of Africa Together

Africa is a youthful, resource rich, geographically vast, and politically diverse continent with expanding economies, robust private sectors, growing wealth, and improving governance and institutions.

Amidst all this potential, however, the continent continues to face challenges related to infrastructure, financial access, informality and global competition – all of which leads to economic inequality and poverty. The global pandemic and climate change have exacerbated these challenges.


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The Opportunity

With the 2030 Agenda for Sustainable Development deadline fast approaching, the Climate Change Conference of Parties (COP 27) recently taking place in Africa, and the implementation of the African Union’s Agenda 2063, now is an opportune moment to create a collective blueprint that will transform Africa into a global powerhouse of the future.

To fulfill this vision, businesses in Africa must embrace responsible business practices and become stewards of sustainability. As we unlock this enormous opportunity, Chief Executive Officers (CEOs) have a vital role to play.


The Africa Business Leaders Coalition is a CEO-led initiative emanating from the UN Global Compact Africa Strategy 2021-2023, committed to advancing sustainable growth, prosperity, and development in Africa by bringing measurable impact to its most pressing issues.

Ahead of COP27, held in Egypt in November 2022, ABLC focused its efforts on bringing the perspectives of African CEOs and Board Chairs into the global conversation through roundtable discussions. These conversations culminated in the African Business Leaders’ Climate Statement in support of COP27, anchored in the goals of the Paris Agreement, the Sustainable Development Goals, and the Ten Principles of the UN Global Compact.

Following COP27, the ABLC will work closely with the UN Global Compact Hub in Abuja and 10 African Local Networks operating across Africa to promote sustainable development and ambitious climate action.

Climate change presents a $3 trillion investment opportunity in Africa by 2030. But this potential will not be realized unless the private sector is involved. This coalition has a critical role to play in ensuring the voice of Africa’s private sector is heard on the global stage to ensure the continent’s growth is not only sustainable but also green.”

- Sanda Ojiambo, Assistant Secretary-General and CEO, UN Global Compact

ABLC Roundtable Perspectives

SDG Ambition

A Path Forward: 5 Key Elements to Drive Climate Action in Africa

This publication is a compilation of roundtable perspectives on the five most pressing climate issues in Africa. It includes insights from over 50 leading CEOs and executives.

SDG Ambition

Elevating African Business Leaders’ Call for Global Collective Action

The private sector’s voice can influence the global conversation around climate action. Learn how African businesses can ensure local voices – and realities – are centered in these discussions.

SDG Ambition

Delivering on the Promise of a Just Transition in Africa

The private sector plays a critical role in a just transition to net-zero. Learn how businesses can prioritize initiatives and restructure business models to support a just transition.

SDG Ambition

Shifting the Focus to Adaptation and Resilience in Africa

Learn how African businesses can meaningfully engage in adaptation and resilience planning that benefits both the company and the broader community.

SDG Ambition

Financing Climate Action in Africa

Gain insights into the barriers to climate funding access in Africa — and the multi-sectoral actions that can be taken to overcome them.

SDG Ambition

Making Ambitious Climate Mitigation Action a Reality in Africa

Learn key perspectives and gain CEO insights on making low-carbon development a reality in Africa.

Founders Group

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Herbert Wigwe
Access Corporations

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Brahim Benjelloun Touimi
Bank of Africa
Director and Delegate General Manager

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Strive Masiyiwa
Econet Wireless
Founder and Executive Chairman

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James Mwangi
Equity Group
CEO and MD

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Hichem Elloumi
CEO and Chairman

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Karim Bernoussi
Intelcia Group

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Phuthi Mahanyele Dabengwa

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Yasmine Mohamed Farid Khamis
Oriental Weavers Carpets Co.
CEO and Chair

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Peter Ndegwa

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Fleetwood Grobler
President and CEO

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Amir Barsoum
Founder and CEO

With support from Boston Consulting Group.

It is with a heavy heart that we share the tragic news of the passing of Dr. Herbert Wigwe, CEO of Access Corporation and ABLC Founding Member, alongside his wife and son, and other precious lives, in a helicopter crash over the weekend.

Dr. Wigwe was not only an exceptional leader in the banking industry in Nigeria and Africa but also a visionary and exemplary individual globally. His commitment to excellence, innovation, and corporate responsibility has left an indelible mark on the financial sector on the African continent and beyond. Dr. Wigwe’s glowing legacy will undoubtedly endure, inspiring all who had the privilege of working with him.

Our deepest sympathies go out to the families, friends, and colleagues affected by this profound loss.