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Bharti Family Pledges 10% of Wealth To Philanthropy

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By peter oluka

The Bharti Family, which has built one of India’s leading business enterprises, today pledged a part of their personal wealth for philanthropic purposes.

The Family has decided to pledge 10% of their wealth, including 3% of their stake in group flagship Bharti Airtel, towards supporting the activities of Bharti Foundation, the Group’s philanthropic arm, one of the few professionally managed philanthropic bodies in India.

With this commitment, the Bharti Family envisions to significantly step up the scope and reach of Bharti Foundation’s activities, and further enable the Foundation to develop and execute innovative development models to support the aspirations of India’s underprivileged including students of Satya Bharti Schools.

Set up in the year 2000, Bharti Foundation has grown in scale and stature, and evolved well beyond customary cheque book philanthropy to design and implement innovative development models, particularly in the area of education.

Led by a full time CEO and COO, the Foundation’s team of over 200 highly motivated professionals and approx. 8000 teachers work across multiple programs in the areas of education of approx. 240,000 underprivileged children in rural India.

Bharti Foundation has also supported the creation of Bharti School of Telecommunication Technology & Management at IIT Delhi, Bharti Centre for Communication at IIT Mumbai and Bharti Institute of Public Policy at ISB Mohali.

The Foundation has also instituted a number of scholarship programs, the prominent being scholarship for Indian students studying at the University of Cambridge, UK.

Bharti Foundation is a leading contributor to the Swachh Bharat Abhiyan that is addressing the sanitation needs of poor households in the country.

The Foundation has built approx. 18,000 toilets in Punjab’s Ludhiana making it an Open Defecation Free (ODF) district benefitting approx. 90,000 people.  Bharti Foundation has now undertaken another similar initiative to make Amritsar District in Punjab ODF with a target to build 50,000 toilets in collaboration with the Punjab Government.

With this, Bharti will become the first corporate to facilitate ODF status for two districts in the country.

Announcing the commitment, Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises and Chairman, Bharti Foundation, said, “Today is a major milestone in the journey of the Bharti Family. Being first generation entrepreneurs, we feel absolutely privileged that this nation gave us the opportunity to imagine and build world-class businesses. Bharti’s DNA has always been about creating a deep positive impact on society through our businesses, and we are proud to have contributed to the India growth story.”

“Firm believers in Mahatma Gandhi’s concept of Trusteeship, we have always reckoned that ownership of business is a social responsibility, and wealth creation cannot be an end in itself. Even when we were small in size and relatively modest with our business goals, we always aspired to be part of the wider nation building process.”

“We feel grateful every day for our good fortune and feel the instinctive and overwhelming urge to give back to the society and create opportunities for others. Bharti Foundation has done some exceptional work for uplifting the underprivileged and it stands out as a shining example of how professionally managed development arms of businesses can build innovative and sustainable models that make real and measurable difference on ground. We hope in the years and decades to come, Bharti Foundation will be able to unlock its full potential as a change agent and enable millions of fellow Indians fulfill their dreams.”

Today, Bharti Foundation also announced its plans to set up Satya Bharti University for Science and Technology to complement its existing programs in the area of education. The University will have a strong focus on future technologies like AI, Robotics, AR/VR, IoT, in addition to offering degrees in Electrical & Electronics Engineering and Management. It will be a non-profit centre of excellence and will offer free education to a large number of deserving youth from economically weaker sections.  It will also promote and fund advanced research with global linkages. It intends to add leading global industry partners, i.e. Facebook, Google, Apple, Microsoft and SoftBank among others.

Making the announcement, Rakesh Bharti Mittal, Vice-Chairman, Bharti Enterprises and Co-Chairman, Bharti Foundation said, “Having built a successful model for primary and senior schooling under Satya Bharti Schools, Bharti Family plans to build Satya Bharti University – a world-class institution, to support the higher education aspirations of India’s youth. Our aspiration is to develop it into a centre of excellence not just in India but globally.”


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University.

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Rivers State, Shell Inaugurate Cluster Development Board for Assa North Gas Project

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The Rivers State government and the Shell Petroleum Development Company of Nigeria Limited (SPDC), energy company, recently inaugurated the Egi/Igburu Cluster Development Board (CDB) for pipeline communities to SPDC’s Assa North Gas project, which has a capacity for 300 million standard cubic feet of gas per day and the potential to be one of the largest domestic gas projects in Nigeria when completed.

Rivers State, Shell Inaugurate Cluster Development Board for Assa North Gas Project

Barrister Elloka Tasie-Amadi, State Commissioner for Chieftaincy and Community Affairs, at the ceremony, urged the Comrade Orikoha Ekwueme-led newly elected officials of the CDB to use the opportunity of leadership to make positive impacts that will improve living standards in their communities.

He said, “The state government is always available to support you. Always speak with your people, including the Community Trust Committees (which were also newly inaugurated). Adequate communication will ensure the buy-in of all your stakeholders”.

He decried those who see leadership as opportunity for self-seeking gains. “Leadership is more of sacrifice; not an opportunity for personal benefit”, The Commissioner said.

Also, at the inauguration, Mr. Igo Weli, SPDC general manager External Relations,  said, “The Global Memorandum of Understanding (GMoU), that you signed today, sets the framework for long-term partnership between SPDC JV and the Egi/Igburu Cluster. The GMoU runs on the principle of community-led development. Today, SPDC JV commits to providing funding to help you realise your community development aspirations.”

Represented at the ceremony by Dr. Banji Adekoya, SPDC External Relations Manager for Projects and Opportunities, he asked the CDB to “be prudent and implement projects and programmes that will deliver maximum benefits to the Egi/Igburu communities. Note that government, SPDC JV and the communities that you represent will hold you accountable for the judicious utilisation of the development funds.”

“With the inauguration, SPDC reiterates the company’s commitment to the Assa North Gas Project and to making it an exemplary one, particularly in Nigeria’s quest for energy sufficiency, for power generation and industrialization”, he said.

On its part, the new CDB committed to use SPDC’s award-winning GMoU agreement, which is a community-led sustainable development and interface management model that puts the communities in the driving seat in setting development priorities and implementation of programmes and projects to meet their needs.

The GMOU is a proven winning approach introduced in 2006, adopted across SPDC’s operational areas and provides a secure five-year funding for communities to implement development projects of their choice.

With the inauguration of the Egi/Igburu CDB, SPDC now has 40 active GMoUs in Abia, Bayelsa, Delta, Imo and Rivers States. Since 2006, SPDC JV has disbursed a total of $252 million to communities through these GMoUs.

The Assa North/Ohaji South gas project is a joint venture project involving the SPDC, the NNPC, Total E&P Nigeria Limited, and Nigerian Agip Oil Company, and will result in a new SPDC gas processing plant.

The development will help the federal government deliver on its ambition to provide enough gas for domestic consumption, power generation and gas-based ammonia and urea fertilizers for farmers.


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African Entrepreneurs Vying for Anzisha Recognition

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The Anzisha Prize, a partnership between African Leadership Academy and Mastercard Foundation, has revealed its top 20 finalists for 2020. Winners will be announced at this year’s Anzisha Prize Conference on 27 October 2020.

Organisers say this year’s application season saw a record 1 200 applicants vying for a chance to join the Anzisha Prize fellowship.

From these applications, 20 businesses emerged that were 45% percent female-owned and represented sectors such as agriculture, manufacturing and education.

Young entrepreneurs from Morocco, South Africa and Tanzania displayed impressive ventures that are tackling critical issues within their communities while also turning a profit. Through their businesses and entrepreneurial leadership skills, these job starters are paving a way for other young Africans to pursue entrepreneurship.

Selected as a top 20 finalist is 21-year-old Alaa Moatamed who is the co-founder of Presto, a company she describes as one of the leading delivery management platforms in Egypt. The venture provides business owners with an affordable and convenient delivery service for their customers.

Joining Alaa is 20-year-old Benjamin Mushayija Gisa from Rwanda who manufactures and packages natural organic products for consumption and for cosmetic purposes in the form of lotions and coconut soap.

“2020 has seen a global shift in the future of work. This year’s applicants have personified the resilience and innovation that Africa needs as we navigate our way into a post-COVID-19 future,” says Melissa Mbazo-Ekepenyong, Deputy Director of the Anzisha Prize.

The Anzisha Prize, a partnership between African Leadership Academy and Mastercard Foundation, has supported 122 entrepreneurs and 77 of those businesses have created over 2 000 jobs, with 56% of those being employment provided for young Africans under 25.

Peter Materu, Chief Program Officer, Mastercard Foundation says, “The success of the Anzisha Prize over the last decade stands as a resounding testament to the creativity and entrepreneurial potential of Africa’s very young people—a hugely under-tapped resource.

Through Anzisha, we’re reminded of what they can achieve when challenged and enabled to own and solve the problems they see around them. Now, as ever, the innovations that have emerged through the Anzisha Prize inspire and renew our faith in and commitment to their promise.”

This year, the top 20 will gather virtually from their various countries to share knowledge and learn from expert coaches and mentors as they prepare for their final pitches to a panel of external judges.

All the entrepreneurs will receive a cash prize of US$2 500. The grand prize winner will receive US$25 000, while the 1st runner and 2nd runner receive US$15 000 and US$12 500 respectively.


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FG Bans Emirates Airlines from Operating in Nigeria

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Federal Government has included Emirates Airlines in the list of airlines not allowed to operate in Nigeria.

FG Bans Emirates Airlines from Operating in Nigeria

This is part of measures to curb the spread of COVID-19 in the country.

Hadi Sirika, minister of Aviation, confirmed this via his Twitter handle on Friday.

According to Sirika, the decision was taken following a meeting between the Presidential Task Force (PTF) and European Unions (EU).

The ban would take effect from Monday, September 21, 2020.

“The PTF sub-committee met today with EU Ambassadors to discuss Lufthansa, Air France/KLM ban.

“The meeting progressed well. Emirates Airlines’s situation was reviewed and they are consequently included in the list of those not approved, with effect from Monday the 21st September 2020,” Sirika tweeted.


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