News
BOSKOH Kicks Off 3rd Edition with Volunteers’ Training
The 3rd Babajide Olusola Sanwo-Olu & Kadiri Obafemi Hamzat Healthcare Mission International (BOSKOH) commenced at the weekend with Volunteers’ Training at the Adeyemi Bero Hall, Alausa Secretariat, Ikeja, Lagos.
BOSKOH is a free medical and wellness outreach that includes surgeries for all Lagosians who need it. This year’s edition is themed ‘Jigi Bola Relaunch.’
Speaking at the training for the over 500 volunteers, the wife of the Lagos State Governor, Dr Ibijoke Sanwo-Olu, thanked the BOSKOH team and its leadership for being at the forefront of providing healthcare to Lagos residents.
Mrs Sanwo-Olu, who was represented by the Permanent Secretary, Lagos State Independent Electoral Commission (LASIEC), Mrs Bandele Sinatu Fadipe, also commended the Volunteers for being vessels for bringing assistance to the people.
In her welcome address, Mrs Nike Osa, the Executive Director, BOSKOH Lagos HMI, commended Governor Sanwo-Olu and his deputy, Dr Hamzat, founders of the initiative, for their commitment to the mission and supporting it wholeheartedly from the first edition.
She added that the mission’s focus is to ensure that people unable to afford medical care get treatment free through its immediate intervention.
Mrs Osa also charged the Volunteers to give their best during the outreach, commencing later this month, assuring that they would get all their benefits.
The Executive Director further disclosed that the 2021 edition will be digitally driven to make patient registration and record-keeping seamless.
The participants were trained on volunteering and the essential qualities of a volunteer, infection prevention control during COVID and Community Entry and Engagement rudiments.
The session also had Mental Health Awareness advocates who trained the volunteers on the importance of healthy mental living and the use of the newly developed BOSKOH HMI Application.
EFCC
The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.
The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.
This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.
Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.
The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.
In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.
Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.
Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.
Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.
The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.
SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.
The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.
Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.
Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.
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