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== History ==
== History ==
The foundation was established in 2018 in Lagos, Nigeria with a mission to enhance healthcare access, increase education access, fight climatic change, empower women, and improve food security. Through its initiatives, the NGO has supported about 3,000 NGOs across Africa through capacity-building initiatives.<ref>{{Cite web |last=Partner |date=2023-07-03 |title=Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit |url=https://techcabal.com/2023/07/03/sterling-one-africa-social-impact-summit/ |access-date=2024-06-05 |website=TechCabal |language=en-US}}</ref> In 2019, the foundation launched the crowdfunding platform, Giving.ng to help raised funds to support Nigerian NGOs.<ref>{{Cite web |date=2023-01-20 |title=Sterling One Foundation Wins CSR Award of Excellence - |url=https://thenewsnigeria.com.ng/2023/01/20/sterling-one-foundation-wins-csr-award-of-excellence/ |access-date=2024-05-24 |website=The NEWS}}</ref> Through the Giving.ng platform, the NGO has over the years raised funds to support Nigerian NGOs, directly impacting the lives of over 2,000 individuals. In 2020, the foundation introduced the Health Workers Fund and initiated various other projects. These efforts have positively impacted over 1,000 lives, including 154 families. Moreover, the foundation has reached over 15 million people through its online and offline activities. In collaboration with the Nigerian Network of NGOs and Sterling Bank, the foundation in 2020 introduced Sterling CARES, Africa’s first free banking solution designed exclusively for the non-profit community. Currently, more than 150 organizations across Nigeria benefit from this free banking service. In 2020 and 2021, the foundation forged partnerships with over 21 organizations, collectively striving for positive change. These collaborations involved numerous dedicated volunteers and encompassed short-term, medium-term, and long-term projects. These initiatives focused on providing essential food and nutrition to families and less privileged, supporting the nation’s healthcare sector in its battle against the deadly Coronavirus, and designing and executing water, sanitation, and hygiene projects to benefit communities. In 2021, the NGO also provided essential support for the 26th edition of the [[Nigerian Economic Summit]], themed ‘Building Partnership for Resilience.’ This event engaged more than 6,000 decision-makers from across Nigeria, both online and offline.<ref>{{Cite web |title=The Nigerian Economic Summit Group {{!}} Event Description |url=https://nesgroup.org/events/NES-26---Building-Partnerships-for-Resilience |access-date=2024-06-11 |website=nesgroup.org}}</ref><ref>{{Cite web |title=nes26-ends-commits-to-partnerships-to-build-a-resilient-nigerian-economy |url=https://www.premiumtimesng.com/business/business-news/428033-nes26-ends-commits-to-partnerships-to-build-a-resilient-nigerian-economy.html?tztc=1 |access-date=2024-06-11 |website=www.premiumtimesng.com}}</ref> In 2023, the organization announced partnership with the United Nations to host the 2023 Africa Social Impact Summit (ASIS) that held on 1t0h and 11th August in Lagos, Nigeria. The summit ushered in the UN and other stakeholders including leaders of NGOs, heads of government parastatals, international investors, private equity firms, as well as members of the general public who have deeply invested in the growth and progress of Africans.<ref>{{Cite web |title= |url=https://leadership.ng/united-nations-sterling-one-foundation-partner-to-convene-africa-social-impact-summit/}}</ref><ref>{{Cite web |last=Partner |date=2023-07-03 |title=Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit |url=https://techcabal.com/2023/07/03/sterling-one-africa-social-impact-summit/ |access-date=2024-06-11 |website=TechCabal |language=en-US}}</ref> In 2024, the NGO also partnered with the UN and the Lagos state government to launch the ASIS summit in the state.<ref>{{Cite web |title=LAGOS TO HOST AFRICA SOCIAL IMPACT SUMMIT 2024 |url=https://lagosstate.gov.ng/lagos-to-host-africa-social-impact-summit-2024/ |access-date=2024-06-11 |website=Lagos State Government |language=en-US}}</ref> In partnership with the Nigerian Exchange Group (NGX) and other stakeholders, the foundation convened for the 10th annual Ring the Bell for Gender Equality/Closing Gong ceremony hosted at the Nigerian Exchange Group on March 8 2024. The convention was to address the multifaceted challenges hindering Nigerian women from realizing their full potential while spotlighting existing opportunities for women to grow and thrive.<ref>{{Cite web |last=Africa |first=Ventures |date=2024-03-21 |title=Sterling One Foundation, Nigerian Exchange Group, and Partners champion Gender Equality Bell Ringing Ceremony |url=https://venturesafrica.com/sterling-one-foundation-nigerian-exchange-group-and-partners-champion-gender-equality-bell-ringing-ceremony/ |access-date=2024-06-11 |website=Ventures Africa |language=en-US}}</ref>
The foundation was established in 2018 in Lagos, Nigeria with a mission to enhance healthcare access, increase education access, fight climatic change, empower women, and improve food security. Through its initiatives, the NGO has supported about 3,000 NGOs across Africa through capacity-building initiatives.<ref>{{Cite web |last=Partner |date=2023-07-03 |title=Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit |url=https://techcabal.com/2023/07/03/sterling-one-africa-social-impact-summit/ |access-date=2024-06-05 |website=TechCabal |language=en-US}}</ref> In 2019, the foundation launched the crowdfunding platform, Giving.ng to help raised funds to support Nigerian NGOs.<ref>{{Cite web |date=2023-01-20 |title=Sterling One Foundation Wins CSR Award of Excellence - |url=https://thenewsnigeria.com.ng/2023/01/20/sterling-one-foundation-wins-csr-award-of-excellence/ |access-date=2024-05-24 |website=The NEWS}}</ref> Through the Giving.ng platform, the NGO has over the years raised funds to support Nigerian NGOs, directly impacting the lives of over 2,000 individuals. In 2020, the foundation introduced the Health Workers Fund and initiated various other projects. These efforts have positively impacted over 1,000 lives, including 154 families. Moreover, the foundation has reached over 15 million people through its online and offline activities. In collaboration with the Nigerian Network of NGOs and Sterling Bank, the foundation in 2020 introduced Sterling CARES, Africa’s first free banking solution designed exclusively for the non-profit community. Currently, more than 150 organizations across Nigeria benefit from this free banking service. In 2020 and 2021, the foundation forged partnerships with over 21 organizations, collectively striving for positive change. These collaborations involved numerous dedicated volunteers and encompassed short-term, medium-term, and long-term projects. These initiatives focused on providing essential food and nutrition to families and less privileged, supporting the nation’s healthcare sector in its battle against the deadly Coronavirus, and designing and executing water, sanitation, and hygiene projects to benefit communities. In 2021, the NGO also provided essential support for the 26th edition of the [[Nigerian Economic Summit Group|Nigerian Economic Summit]], themed ‘Building Partnership for Resilience.’ This event engaged more than 6,000 decision-makers from across Nigeria, both online and offline.<ref>{{Cite web |title=The Nigerian Economic Summit Group {{!}} Event Description |url=https://nesgroup.org/events/NES-26---Building-Partnerships-for-Resilience |access-date=2024-06-11 |website=nesgroup.org}}</ref><ref>{{Cite web |title=nes26-ends-commits-to-partnerships-to-build-a-resilient-nigerian-economy |url=https://www.premiumtimesng.com/business/business-news/428033-nes26-ends-commits-to-partnerships-to-build-a-resilient-nigerian-economy.html?tztc=1 |access-date=2024-06-11 |website=www.premiumtimesng.com}}</ref> In 2023, the organization announced partnership with the United Nations to host the 2023 Africa Social Impact Summit (ASIS) that held on 1t0h and 11th August in Lagos, Nigeria. The summit ushered in the UN and other stakeholders including leaders of NGOs, heads of government parastatals, international investors, private equity firms, as well as members of the general public who have deeply invested in the growth and progress of Africans.<ref>{{Cite web |title= |url=https://leadership.ng/united-nations-sterling-one-foundation-partner-to-convene-africa-social-impact-summit/}}</ref><ref>{{Cite web |last=Partner |date=2023-07-03 |title=Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit |url=https://techcabal.com/2023/07/03/sterling-one-africa-social-impact-summit/ |access-date=2024-06-11 |website=TechCabal |language=en-US}}</ref> In 2024, the NGO also partnered with the UN and the Lagos state government to launch the ASIS summit in the state.<ref>{{Cite web |title=LAGOS TO HOST AFRICA SOCIAL IMPACT SUMMIT 2024 |url=https://lagosstate.gov.ng/lagos-to-host-africa-social-impact-summit-2024/ |access-date=2024-06-11 |website=Lagos State Government |language=en-US}}</ref> In partnership with the Nigerian Exchange Group (NGX) and other stakeholders, the foundation convened for the 10th annual Ring the Bell for Gender Equality/Closing Gong ceremony hosted at the Nigerian Exchange Group on March 8 2024. The convention was to address the multifaceted challenges hindering Nigerian women from realizing their full potential while spotlighting existing opportunities for women to grow and thrive.<ref>{{Cite web |last=Africa |first=Ventures |date=2024-03-21 |title=Sterling One Foundation, Nigerian Exchange Group, and Partners champion Gender Equality Bell Ringing Ceremony |url=https://venturesafrica.com/sterling-one-foundation-nigerian-exchange-group-and-partners-champion-gender-equality-bell-ringing-ceremony/ |access-date=2024-06-11 |website=Ventures Africa |language=en-US}}</ref>


== References ==
== References ==

Revision as of 01:09, 11 June 2024

The Sterling One Foundation (SOF) is a private foundation founded in 2018 and operates mainly in Nigeria.[1] The foundation is an initiative of the Sterling Bank, though operates as an independent body with its own structure and board of trustee.[2] In 2022, it partnered with the United Nations in Nigeria to host the 2023 Africa Social Impact Summit in Lagos, Nigeria.[3][4][5] It has also collaborated with the Deputy British High Commissioner to Nigeria to launch the 2023 edition of the 16 Days of Activism Against Gender-Based Violence in Nigeria.[6]

Background

The foundation commits to itemizing the various challenges facing Africa and propel solutions and methods in addressing them in a way that it would drive social impact across five sectors of the economy which include health, education, food security, gender equality and climate action.[7][8] In 2021, with the creation of the first free crowdfunding platform in Africa known as giving.ng, it was given a CSR award in recognition of its role in social impact contribution to society.[9]

History

The foundation was established in 2018 in Lagos, Nigeria with a mission to enhance healthcare access, increase education access, fight climatic change, empower women, and improve food security. Through its initiatives, the NGO has supported about 3,000 NGOs across Africa through capacity-building initiatives.[10] In 2019, the foundation launched the crowdfunding platform, Giving.ng to help raised funds to support Nigerian NGOs.[11] Through the Giving.ng platform, the NGO has over the years raised funds to support Nigerian NGOs, directly impacting the lives of over 2,000 individuals. In 2020, the foundation introduced the Health Workers Fund and initiated various other projects. These efforts have positively impacted over 1,000 lives, including 154 families. Moreover, the foundation has reached over 15 million people through its online and offline activities. In collaboration with the Nigerian Network of NGOs and Sterling Bank, the foundation in 2020 introduced Sterling CARES, Africa’s first free banking solution designed exclusively for the non-profit community. Currently, more than 150 organizations across Nigeria benefit from this free banking service. In 2020 and 2021, the foundation forged partnerships with over 21 organizations, collectively striving for positive change. These collaborations involved numerous dedicated volunteers and encompassed short-term, medium-term, and long-term projects. These initiatives focused on providing essential food and nutrition to families and less privileged, supporting the nation’s healthcare sector in its battle against the deadly Coronavirus, and designing and executing water, sanitation, and hygiene projects to benefit communities. In 2021, the NGO also provided essential support for the 26th edition of the Nigerian Economic Summit, themed ‘Building Partnership for Resilience.’ This event engaged more than 6,000 decision-makers from across Nigeria, both online and offline.[12][13] In 2023, the organization announced partnership with the United Nations to host the 2023 Africa Social Impact Summit (ASIS) that held on 1t0h and 11th August in Lagos, Nigeria. The summit ushered in the UN and other stakeholders including leaders of NGOs, heads of government parastatals, international investors, private equity firms, as well as members of the general public who have deeply invested in the growth and progress of Africans.[14][15] In 2024, the NGO also partnered with the UN and the Lagos state government to launch the ASIS summit in the state.[16] In partnership with the Nigerian Exchange Group (NGX) and other stakeholders, the foundation convened for the 10th annual Ring the Bell for Gender Equality/Closing Gong ceremony hosted at the Nigerian Exchange Group on March 8 2024. The convention was to address the multifaceted challenges hindering Nigerian women from realizing their full potential while spotlighting existing opportunities for women to grow and thrive.[17]

References

  1. ^ "sterling-one-foundation-teams-up-with-pwc-unido-others-for-new-esg-series/".
  2. ^ "Home - Sterling One Foundation". Retrieved 2024-05-27.
  3. ^ Bello, Olushola (2023-07-05). "United Nations, Sterling One Foundation Partner To Convene Africa Social Impact Summit". Retrieved 2024-05-27.
  4. ^ Africa, Ventures (2024-05-16). "United Nations Nigeria to partner with Sterling One Foundation to co-convene the Africa Social Impact Summit (ASIS) 2024". Ventures Africa. Retrieved 2024-05-27.
  5. ^ "United Nations partners Sterling One Foundation to convene Africa Social Impact Summit - Starconnect Media". 2023-07-03. Retrieved 2024-05-27.
  6. ^ Bello, Olushola (2023-12-04). "Sterling One Foundation Partners Others On Gender-based Violence". Retrieved 2024-05-27.
  7. ^ admin (2023-11-28). "Sterling One Foundation: A Beacon of Social Impact Pioneering the Fight against Poverty in Nigeria". KANEMPRESS. Retrieved 2024-05-24.
  8. ^ Micheal, Oyelere (2024-04-29). "Sterling One Foundation partners LBS, PwC Nigeria, NGX Group, UNIDO ITPO, others to launch ESG series". Tribune Online. Retrieved 2024-05-24.
  9. ^ "Sterling One Foundation wins CSR award, advocates partnership - Daily Trust". 2021-05-08. Retrieved 2024-05-24.
  10. ^ Partner (2023-07-03). "Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit". TechCabal. Retrieved 2024-06-05.
  11. ^ "Sterling One Foundation Wins CSR Award of Excellence -". The NEWS. 2023-01-20. Retrieved 2024-05-24.
  12. ^ "The Nigerian Economic Summit Group | Event Description". nesgroup.org. Retrieved 2024-06-11.
  13. ^ "nes26-ends-commits-to-partnerships-to-build-a-resilient-nigerian-economy". www.premiumtimesng.com. Retrieved 2024-06-11.
  14. ^ https://leadership.ng/united-nations-sterling-one-foundation-partner-to-convene-africa-social-impact-summit/. {{cite web}}: Missing or empty |title= (help)
  15. ^ Partner (2023-07-03). "Sterling One Foundation Announces Second Edition of the Africa Social Impact Summit". TechCabal. Retrieved 2024-06-11.
  16. ^ "LAGOS TO HOST AFRICA SOCIAL IMPACT SUMMIT 2024". Lagos State Government. Retrieved 2024-06-11.
  17. ^ Africa, Ventures (2024-03-21). "Sterling One Foundation, Nigerian Exchange Group, and Partners champion Gender Equality Bell Ringing Ceremony". Ventures Africa. Retrieved 2024-06-11.
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