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SADC to Promote Innovation as Key to Unlocking Sustainable Economic Growth of Southern Africa

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SADC to Promote Innovation as Key to Unlocking Sustainable Economic Growth of Southern Africa

By: Michael Mike

As the Southern African Development Community (SADC) begins life under the Chairmanship of President Emerson Mnangagwa of Zimbabwe, the promotion of innovation to unlock opportunities for sustainable economic growth and development would be a watchword in the region

This would be a consolidating of the national peace, food and nutritional security, gender development, disaster risk management, and implementing the strategy and roadmap for industrialization which were the crux of the erstwhile chairman, President Joe Manuel Mrosso of Mozambique.

SADC consists of 17 members states that has a rich history of allignment dating back to 1980 when it was formed as the Southern African Development Coordination Conference (SADCC).

It was in 1992, it evolved into the Southern African Development Community (SADC), with a renewed commitment to promoting sustainable development, peace, and security in Southern Africa region.

Speaking at the 2024 SADC anniversary in Abuja at the weekend, the outgone Chair of SADC Group in Nigeria, Angola’s Ambassador Bamoquina Jose Zau who handed over to the Ambassador of Zimbabwe, Maxwel Ranga,
while noting that: “SADC has made significant progress in promoting economic growth, social justice, and human development, announced that the anniversary celebration marked the transfer of chairmanship from President Joe Manuel Mrosso of Mozambique to President Emerson Mnangagwa of Zimbabwe.

He said: “We thank President Mrosso for his leadership and commitment to SADC during his tenure, and we welcome President Mnangagwa as he takes the reins to steer our organisation forward.”

“The theme of President Mrosso’s chairmanship was “Promoting Industrialization and Sustainable Economic Growth,” and he made significant strides in promoting human and financial capital development, which are critical drivers of sustainable industrialization.”

“His commitment to consolidating national peace, food and nutritional security, gender development, disaster risk management, and implementing the strategy and roadmap for industrialization will have a lasting impact on our region.”

“As we look to the future, President Mnangagwa’s chairmanship will focus on promoting innovation to unlock opportunities for sustainable economic growth and development.”

“This is a critical area of focus, as innovation has the potential to drive economic transformation, create jobs, and improve living standards.”

“We are also proud of the progress we have made in promoting peace and security in our region. The recent summit in Arusha, Tanzania, commended the peace process and mediation efforts between the Democratic Republic of Congo and Rwanda, and called on the two countries to cease all hostilities.

“We will continue to work towards achieving lasting peace and security in the region, particularly in the eastern part of the Democratic Republic of Congo and the province of Cabo Delgado in Mozambique.”

“As we celebrate this anniversary, we are reminded of the importance of our partnership with other regions and countries.

“We appreciate the support and cooperation we have received from the Federal Republic of Nigeria, and we look forward to strengthening our ties with other countries, including Russia.”

He added that: “We are proud of our achievements, but we recognize that there is still much work to be done. We must continue to work together to address the challenges facing our region, including poverty, inequality, and climate change.”

“We are committed to creating a better future for the people of Southern Africa. We will continue to work tirelessly to promote sustainable development, peace, and security in our region.”

Meanwhile, the Director General of Voice of Nigeria(VON) Jubrin Ndace, said the media plays a vital role in shaping Africa narratives, noting that Africans cannot expect the world to respect them if they don’t tell their own story.

He said: “We need to be intentional about creating a positive narrative about Africa and Africans. The Voice of Nigeria is a public platform established to consistently create a positive narrative about Nigeria and Nigerians, Africa and Africans.

“We broadcast in eight languages, including four indigenous languages and four international languages, to reach a broader audience.”

“As Director General, I’m committed to deepening our engagement with the international community.”

“I’m currently exploring opportunities to broadcast in Mandarin, courtesy of our partnership with the Chinese government. This collaboration will enable us to reach a vast audience in China and promote cultural exchange between our nations.”

“However, I believe that our efforts should go beyond broadcasting. We need to encourage travel within the African continent.

“We need to promote cultural exchange programs, educational initiatives, and economic partnerships that foster cooperation and understanding. We need to create opportunities for Africans to experience the beauty and diversity of our continent firsthand.”

“To achieve this, I propose that we establish a partnership between SADC countries and the Voice of Nigeria.

“We can work together to promote positive narratives about our continent, encourage travel, and foster cultural exchange. We can offer our platforms to journalists from SADC countries to share their stories, and vice versa.

“By working together, we can create a unified narrative that showcases the best of Africa. Let’s define ourselves by our strengths, our resilience, and our beauty.

“Let’s celebrate our diversity, our cultures, and our achievements. Let’s take control of our narrative and let the world respect us. We are not defined by our challenges; we are defined by our ability to overcome them.”

“I offer the Voice of Nigeria platform to all SADC countries willing to work with us to consistently tell positive stories about Africa.”

“Let’s unite in our efforts to promote a positive narrative about our continent. Let’s celebrate our common future and work towards a brighter tomorrow for all Africans.” He added.
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VP SHETTIMA AT FIDAU PRAYER FOR BUHARI

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VP SHETTIMA AT FIDAU PRAYER FOR BUHARI:

Late ex-President Pursued Justice With Sincerity

** Says Tinubu-led FG will continue to protect dignity of the Buhari family, Katsina people

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said the late former President Muhammadu Buhari pursued justice with the utmost sincerity.

And in death, according to Senator Shettima, the late Buhari has also proved to the world that he was, indeed, one of the greatest sons of Africa.

The Vice President stated this on Thursday during the 3rd day prayers (Fidau) offered for the repose of the soul of the former Nigerian leader, at his residence in Daura, Katsina State.

“Ibn Khaldun reminds us that the goal of civilisation is the attainment of justice. Justice is the bone that holds human society together. It was justice, as he understood it, that President Muhammadu Buhari pursued – often misunderstood, but always with sincerity.

“When you are in power, your friends know you; when you are out of power, you know your friends. In death, President Muhammadu Buhari has proved to the world that he is, indeed, the greatest son of Africa. May Allah grant his soul eternal rest and reward him with Aljannah. May Allah forgive his shortcomings,” he prayed.

On behalf of his boss, President Bola Tinubu, VP Shettima expressed gratitude to Governor Dikko Radda of Katsina State for the reception and kind gesture accorded to the Federal Government delegation throughout their stay in the state.

“We have been together with the governor right from London to Nigeria. He gave a warm reception and all the necessary support,” he said, adding that President Tinubu is personally pained by the loss of his friend, brother and political soulmate.

The VP assured that the Federal Government, under the leadership of President Tinubu, “will continue to protect the image and dignity of Buhari’s family and the entire people of Katsina State.”

He revealed that he will proceed to Abuja with the family of the late former President to attend a Special Valedictory Federal Executive Council (FEC) in honour of the deceased.

Earlier, the governor of Katsina State, Malam Dikko Radda, said the deceased rendered selfless service to the nation, maintaining that nobody can dispute the fact that he was an honest and just person.

He thanked President Tinubu and Vice President Shettima for honouring the remains of late President Buhari, saying, “We, the people of Katsina State, don’t have a word to thank the Federal Republic of Nigeria.

“We appreciate President Bola Ahmed Tinubu, who has shown compassion, respect for the people of Katsina State and the nation entirely. Tinubu has allowed 25 members of his cabinet, under the leadership of Vice President Shettima, to be in Katsina State. The 25 Ministers supported us at this trying moment, and we also thank the President for declaring a public holiday on the day Buhari was laid to rest,” Governor Radda added.

Also, the Minister of Information and National Orientation, Alhaji Mohammed Idris, said the late Buhari has an important place in the national history of Nigeria, appealing to all Nigerians to continue to pray for the repose of the soul of the former President, as reminded by Islamic clerics.

“We want to thank all of you on behalf of the 25 ministers, as directed by Mr President, for finding time to offer prayers for our President and also participate in this national assignment. Indeed, former President Buhari belongs to Daura, Katsina, Nigeria, and the world,” the minister said.

Earlier, the prayer session was opened by the former Minister of Communication and Digital Economy, Prof. Ali Pantami, who emphasised the need for constant prayers for all the departed souls, including late President Buhari.

Pantami further observed that prayer for the departed soul should not be restricted to a number of days.

Similarly, the Minister of State Agriculture, Senator Aliyu Abudullahi, on behalf of the members of the Federal Executive Council (FEC), prayed Almighty Allah to cover the grave of Buhari with mercy and admit him into Aljannah.

Islamic scholars who offered prayer include Prof. Ibrahim Makari of the Abuja National Mosque; Sheikh Yahaya Jingir, Bishop of Katsina; Mamman Musa; Khalifa Mohammad Nasir; and Malam Hassan Daura, among others.

Other dignitaries present at the prayer session are former Vice President Namadi Sambo; Governor Babagana Zulum of Borno State; former Secretary to Government of the Federation, Ambassador Babagana Kingibe; former Minister of Justice, Abubakar Malami (SAN); Ambassador Adamu Daura; former Katsina State Governor, Aminu Masari; former Zamfara State Governor, Senator Abdulaziz Yar’adu, and former National Security Adviser, Babagana Monguno.

Others are former Director-General, National Intelligence Agency (NIA), Ahmed Rufai; Business Mogul, Mohammed Indimi; Buhari’s nephew, Mamman Daura, former FCT Minister, Muhammad Bello, the Emirs of Katsina, Daura and Bade; the Sultan of Maradi from the Niger Republic, and thousands of sympathisers from various walks of life.

VP SHETTIMA AT FIDAU PRAYER FOR BUHARI

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Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

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Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

By: Our Reporter

Vice President Kashim Shettima on Tuesday joined President Bola Ahmed Tinubu and other African leaders in Daura, Katsina State, for the burial of former President Muhammadu Buhari, who passed away on Sunday, 13 July 2025, in a London hospital.

Earlier in the day, President Tinubu received the remains of the former President at the Umaru Musa Yar’Adua International Airport in Katsina, where he inspected a military guard of honour before the Nigerian Air Force jet conveying the casket arrived at 1:51 p.m.

The casket, draped in the Nigerian flag, was conveyed by a senior military pallbearer team led by Major General Mike Alechenu, and wheeled in a solemn procession to the hymn “God Be With You Till We Meet Again,” flanked by a full military guard of honour.

Vice President Shettima had accompanied the body of the late President from London, alongside the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, the late President’s widow, Hajiya Aisha Buhari, and close family members.

Upon arrival in Daura, the remains of President Buhari were received by a large crowd of mourners chanting praises of Allah and offering prayers for his soul. The body was later interred at his private residence in a ceremony attended by a cross-section of dignitaries and ordinary citizens alike.

President Tinubu and Vice President Shettima were joined at the burial by former Vice President Yemi Osinbajo, President Umaro Sissoco Embaló of Guinea-Bissau, Prime Minister of Niger Republic Ali Lamine Zeine, and former President of Niger Issoufou Mahamadou. Also in attendance were governors, ministers, service chiefs, former governors, captains of industry, Islamic clerics, and representatives from across the continent, including an envoy of the President of Chad.

Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

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Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria

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Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria

By: Michael Michael

Nigeria’s leading microfinance institution, Accion Microfinance Bank (MfB) has launched AccionMonie, a transformative digital financial services platform designed to empower individuals, micro, small and medium enterprises (MSMEs) and low-income households.

A statement on Tuesday said through AccionMonie, the microfinance bank is expanding digital capabilities for financial
access and empowerment across the spectrum of underserved individuals and businesses. The user-friendly platform offers instant access to essential services, including loans, savings, capital,
and other forms of support.

It started that the launch of AccionMonie is a key part of the bank’s “Always there to lend you a hand” campaign, which reinforces its long-standing commitment to small business growth and the
welfare of low-income households. The campaign positions Accion MFB not just as a financial provider but as a trusted partner in its customers’ journey towards business success and economic empowerment.

In Nigeria, micro, small and medium enterprises (MSMEs) are one of the key growth drivers of the economy. Estimated at about 37 million, MSMEs currently account for 86 per cent of employment and 48 per cent of Gross Domestic Product (GDP).

However, despite their strong
potential, the MSMEs continue to be impacted by existential challenges, notably access to capital and finance, infrastructure and an enabling business environment.

Chief Executive Officer (CEO) of Accion MfB, Taiwo Joda, described the launch of
AccionMonie as an important milestone and a testament to the bank’s culture of innovation; one that ensures its products and offerings continue to reflect the evolving needs of its customers.

He said: “At Accion Microfinance Bank, we believe in the potential of every MSME to drive inclusive economic growth. That is why we are committed to empowering them with the financial support they need to grow, innovate, and make a lasting impact in their communities and beyond.”

On his part, the Chief Commercial Officer (CCO) of the bank, Stephen Olalere, stated that AccionMonie and the combination of the bank’s extensive network of over 74 branches in 12 states will address the persistent challenge of limited access to financial services faced by many small businesses in Nigeria. He added that the platform’s user-friendly features will simplify payments and offer much-needed support for both businesses and individuals.

The Chief Digital Officer of the bank,
Paul Ehiagbonare, said this is a bold move towards digital leadership, maturity and excellence. He stated that: “For us, AccionMonie is a reflection of the much needed customer empowerment through digital tools and technologies. We are not only providing access to finance but standing beside our customers as partners, supporting their ambitions when others
may not and doing so timely and more efficiently. Our goal is to be a reliable ally on their journey toward growth, stability, and long-term success.”

He stated that AccionMonie offers a range of customer-focused features designed to promote financial inclusion and empower users. One of its unique offerings is Save2Loan, which allows customers
to save between N50,000 and N250,000 over 90 days and qualify for a loan worth twice their savings. He noted that this feature is expected to encourage a stronger culture of saving while expanding access to credit.

He explained that customers can also fund their AccionMonie accounts directly using any debit card, which is an easy, seamless process that eliminates the need for long queues at banking halls. Another key
feature is the targeted saving option and locked savings, which helps users plan and save for long-term goals such as tuition, rent, or investment while earning competitive interest.

He noted that customers can also earn for referring others, adding that account management features include on demand
bank statement, account upgrade features, secure access, transfer limit management amongst others.

The AccionMonie app is now available for download on the Apple App Store, Google Play Store, or directly via this link: https://onelink.to/57z27p.

Accion Microfinance Bank has been in operation for over 16 years and is a pioneer in Nigeria’s microfinance sector, providing innovative financial solutions. The bank’s long history of supporting entrepreneurs and small businesses has greatly contributed to economic growth and
development.

The bank has solid shareholder investments from three major banks – Ecobank, Zenith Bank and Citi Bank – as well as International Finance Corporation, a World Bank member, and Accion Investments, all of which contribute to its strong financial base and allow it to serve an ever-increasing number of customers.

Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria

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