Clinton Global Initiative Features ReGrow West Africa’s Innovative Approach to Post Ebola Economic Recovery
Sep 27, 2015
Today RESOLVE was featured at the Clinton Global Initiative (CGI) Annual Meeting to announce a new CGI Commitment to Action, ReGrow West Africa, which aims to catalyze sustainable economic recovery in the three West African countries most affected by Ebola – Sierra Leone, Liberia and Guinea. Steve D’Esposito, President and CEO of RESOLVE and Jeffrey Wright, RESOLVE Board Member, award-winning actor, and business man who is active in development and philanthropy in Sierra Leone, shared the stage with international leaders, who were also recognized for their commitments geared towards building resilient public health systems.
The Ebola public health crisis in West Africa crippled the economies of Sierra Leone, Liberia and Guinea. The withdrawal of private sector investment in these countries has led to huge losses of employment, income and government tax revenue. RESOLVE and ReGrow’s implementing partners, including the German Development Agency (GIZ), Cordaid, Chevron, the TAIA Peace Foundation, the Sierra Leone Investment and Export Promotion Agency (SLEIPA), leaders from the Ebola Private Sector Mobilization Group (“EPSMG”), will support the recovery and development of the private sector in the three affected countries by building public-private partnerships to overcome early development hurdles that block viable projects. Central to this initiative is the ReGrow Marketplace, a platform that will profile investment projects and small and medium-sized enterprises (SME) and help connect them with international investors, donors and other partners.
The panel session prior to the ceremony reaffirmed the fundamental premise behind ReGrow West Africa – that strong public health systems are reliant on strong economies with dynamic private sectors. Indeed, Dr. Ngozi Okonjo-Iweala, former Finance Minister of Nigeria, cited that diverse perspectives and collaborations, particularly engagement with the private sector, are essential components of resilient public health systems. Similarly, actress Charlize Theron, founder of the Africa Outreach Project and United Nations Messenger of Peace, stated that a business mindset needs to inform and strengthen philanthropic initiatives.
Chelsea Clinton closed the ceremony by asking the audience for an unprecedented standing ovation for the featured participants. RESOLVE is honoured to have been featured among so many diverse and impressive initiatives at CGI, and will continue to develop novel collaborations to fuel economic development and the growth of robust public health systems.
To view a recording of the event, visit: http://livestream.com/CGI/events/4366856/videos/100493557