Fostering sustainable industrialisation: Private sector partnership in Sub-Saharan Africa’s economic progress | The Guardian Nigeria News – Nigeria and World News
Fostering sustainable industrialisation: Private sector partnership in Sub-Saharan Africa’s economic progress Guardian Nigeria
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Oxford Business Group (OBG) Collaborates with ARISE IPP to Highlight Sustainable Industrialisation in Sub-Saharan Africa
Oxford Business Group (OBG), a global research and consultancy firm, has partnered with ARISE IPP (Integrated Industrial Platforms) to develop an independent video that showcases the progress of sustainable industrialisation in sub-Saharan Africa, specifically in the West and Central regions.
The Growth Perspectives Video
The “Growth Perspectives Video” draws insights from OBG’s recent Environmental, Social, and Governance (ESG) Report and is available for viewing and download on the OBG website.
As sub-Saharan African economies continue to experience rapid growth and development, governments are increasingly seeking expertise from the private sector to co-develop industrial zones. In response to this, Oxford Business Group and ARISE IPP have collaborated to highlight the crucial role of sustainable practices in shaping the economic and social landscape of the region.
The “Growth Perspectives Video” emphasizes the importance of adhering to international best practices and sustainability principles, especially as businesses in the region evolve and engage in global trade. It features the success story of the Gabon Special Economic Zone – GSEZ Nkok, a flagship initiative in Africa that has attracted significant investment and elevated Gabon’s position in the global timber industry.
The Role of Sustainable Infrastructure Development
Gagan Gupta, CEO of ARISE IPP, noted that since the establishment of the UN Sustainable Development Goals, there has been a notable increase in stakeholder interest in the development of ESG-aligned physical, environmental, and social infrastructure. This includes essentials such as electricity, internet access, roads, sanitation, and education.
“This demand is driving African nations to attract foreign direct investment (FDI) and engage in international trade, injecting dynamism into their employment landscapes. ARISE’s overarching objective is to facilitate Africa’s transformation into a sustainable, globally recognized manufacturing hub,” Gupta added.
Through their collaboration with Oxford Business Group, Bhavin Vyas, Chief ESG Officer of ARISE IPP, highlighted how their industrial and infrastructure establishment aligns with the Sustainable Development Goals (SDGs), further amplifying their commitment to ESG principles.
The Impact of Sustainable Industrialisation
Marc-André de Blois, OBG’s Director of Video Content, expressed enthusiasm about the collaboration: “The video production aims to highlight how sustainable industrialisation can drive economic growth while ensuring environmental and social responsibility.”
“By partnering with ARISE IPP as our African Industry regional partner, we aim to draw attention to the positive impact of sustainable industrialisation on sub-Saharan African economies. This video provides valuable insights into how nations can leverage the expertise of the private sector for their economic and societal advancement,” he said.
A Powerful Tool for Sustainable Development Strategies
The partnership between OBG and ARISE IPP comes at a crucial juncture as nations in the region seek avenues for resilient economic growth while addressing environmental and social challenges. The “Growth Perspectives Video” serves as a powerful tool for policymakers, investors, and stakeholders interested in sustainable development strategies.
SDGs, Targets, and Indicators in the Article
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SDG 9: Industry, Innovation, and Infrastructure
- Target 9.2: Promote inclusive and sustainable industrialization
- Indicator: Progress in attracting foreign direct investment (FDI) and international trade
-
SDG 8: Decent Work and Economic Growth
- Target 8.1: Sustain per capita economic growth
- Indicator: Progress in employment landscapes
-
SDG 11: Sustainable Cities and Communities
- Target 11.2: Provide access to safe, affordable, and sustainable transport systems
- Indicator: Progress in infrastructure establishment (electricity, internet, roads)
-
SDG 6: Clean Water and Sanitation
- Target 6.1: Achieve universal and equitable access to safe and affordable drinking water
- Indicator: Progress in sanitation infrastructure
-
SDG 4: Quality Education
- Target 4.1: Ensure inclusive and equitable quality education for all
- Indicator: Progress in education infrastructure
Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
The article addresses or connects to the following SDGs:
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 8: Decent Work and Economic Growth
- SDG 11: Sustainable Cities and Communities
- SDG 6: Clean Water and Sanitation
- SDG 4: Quality Education
2. What specific targets under those SDGs can be identified based on the article’s content?
The specific targets under the identified SDGs are:
- Target 9.2: Promote inclusive and sustainable industrialization
- Target 8.1: Sustain per capita economic growth
- Target 11.2: Provide access to safe, affordable, and sustainable transport systems
- Target 6.1: Achieve universal and equitable access to safe and affordable drinking water
- Target 4.1: Ensure inclusive and equitable quality education for all
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
The indicators mentioned or implied in the article are:
- Progress in attracting foreign direct investment (FDI) and international trade (Target 9.2)
- Progress in employment landscapes (Target 8.1)
- Progress in infrastructure establishment (electricity, internet, roads) (Target 11.2)
- Progress in sanitation infrastructure (Target 6.1)
- Progress in education infrastructure (Target 4.1)
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.2: Promote inclusive and sustainable industrialization | Progress in attracting foreign direct investment (FDI) and international trade |
| SDG 8: Decent Work and Economic Growth | Target 8.1: Sustain per capita economic growth | Progress in employment landscapes |
| SDG 11: Sustainable Cities and Communities | Target 11.2: Provide access to safe, affordable, and sustainable transport systems | Progress in infrastructure establishment (electricity, internet, roads) |
| SDG 6: Clean Water and Sanitation | Target 6.1: Achieve universal and equitable access to safe and affordable drinking water | Progress in sanitation infrastructure |
| SDG 4: Quality Education | Target 4.1: Ensure inclusive and equitable quality education for all | Progress in education infrastructure |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: guardian.ng
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