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Billionaire, Femi Otedola, among writers shortlisted for BCA African Business Book 2026

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The Business Council for Africa (BCA), in partnership with the Africa Finance Corporation, African Business and BrandComms, has unveiled an exciting and eclectic shortlist for the 4th edition of the BCA African Business Book of the Year Awards.

Femi Otedola, billionaire business mogul, was listed among shortlisted writers for this year’s honours. He made the list with his book, Making It Big: Lessons from a Life in Business.

The other shortlisted books and authors are: How we made it in Africa II, by Jarco Martiz; How Africa works, by Joe Studwell; Cultural Confluence in Organisational Change: A Portuguese Venture in Angola, by Allete Vonk; Afro-Optimism Unleashed, by Adeolu Adewumi-Zer; It’s About Tyme, by Adrian Saville, Bruce Whitfield; How Africa Eats, by Professor David Luke; Realizing Africa’s Potential: A Journey to Prosperity; by Landry Signé.

The annual competition celebrates the most compelling business writing examining and shaping Africa’s economic imagination – from leadership memoirs and sectoral deep‑dives to bold analyses of the continent’s future.

Now in its fourth year, the awards continue to spotlight the authors, thinkers and practitioners documenting Africa’s business and economic transformation with clarity, rigour and ambition.

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Supported by Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, the shortlist reflects a continent in motion: from the boardrooms of Lagos and Johannesburg to the food markets of Accra, the banking corridors of Nairobi and the policy tables of Addis Ababa.

The judging panel, as in previous iterations, is made up of respected African business and thought leaders as well as media executives: Arnold Ekpe, Chairperson of BCA, and chair of the Judging Committee; Arunma Oteh, former Director General of the Nigeria SEC and Chair at the Royal Africa Society; Chris Ogbechie, former Dean of Lagos Business School; Moky Makura, CEO of AfricaNoFilter; Terhas Berhe, Managing Director and Founder of Brand Communications; Omar Ben Yedder, Publisher of African Business and New African magazine; and Anver Versi, Editor of New African and African Banker.

Commenting on the awards, Arnold Ekpe, Chairperson of BCA, commended the quality of this year’s submissions while emphasising the need for even more African business voices to emerge.

“We are excited to have the Africa Finance Corporation join us this year as our headline sponsor. As AFC approaches its 20th anniversary next year, it understands the importance of narrative and the significance of documenting first hand the business stories being created across the continent. These stories help deepen understanding of Africa’s evolving business landscape and economic transformation.”

READ ALSO: Femi Otedola’s Making It Big jumps to Number 1 on Amazon Best Sellers list

The winner and runners-up for this year will be unveiled at the awards ceremony scheduled to take place in London on 3 July, at the Institute of Directors. The winner will receive a trophy and $10,000. The second- and third-placed finalists will receive $5,000 and $2,500, respectively.

Last year’s winners included All Hands on Deck: Unleash prosperity through world class capital markets by Arunma Oteh; Africonomics: A History of Western Ignorance by Bronwen Everill; and Toni Kan’s Riding the Storm: The Untold Story of Africa’s Response to the COVID-19 Pandemic covering the African response to the Covid-19 pandemic.
The Business Council for Africa was established in 1956 to provide reliable intelligence to investors interested in African economies.

Today, it is a registered not- for-profit organisation dedicated to promoting African business, championing enterprise, and connecting the continent with global opportunity.

Its flagship initiatives include the Annual African Business Book Awards and the Annual RED Index. For more information, visit: www.bcafrica.org


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SanlamAllianz Launches Esusu to Promote Savings Culture Among Nigerians

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SanlamAllianz Life Insurance Nigeria Limited has launched Esusu, an innovative savings initiative designed to encourage a consistent savings culture, promote financial discipline and help Nigerians take practical steps towards achieving their financial goals.

Inspired by the traditional Nigerian Esusu savings system, the initiative combines the familiarity of regular savings practices with the added benefits of a structured insurance-backed savings arrangement. It provides individuals with an opportunity to build their savings through flexible daily contributions, with the option to make additional contributions as their financial capacity allows.


Through Esusu, customers can make regular contributions towards their savings goals and receive a maturity benefit based on their accumulated contributions, less applicable withdrawals, in line with the policy terms and conditions. The initiative also incorporates death cover, providing an additional layer of financial protection for beneficiaries in the event of an unfortunate occurrence, subject to applicable policy provisions.

Speaking at the launch, Tunde Mimiko, Managing Director/Chief Executive Officer, SanlamAllianz Life Insurance Limited, said: “At SanlamAllianz, we recognise that achieving financial confidence begins with the right financial habits. Saving should not be an overwhelming responsibility; it should be a consistent practice that individuals can incorporate into their everyday lives. With Esusu, we are bringing a familiar savings culture into a structured financial solution that encourages consistency while providing additional protection. Our goal is to empower more Nigerians to take charge of their financial future, one contribution at a time.”

The initiative reflects SanlamAllianz’s commitment to developing customer-focused solutions that respond to the evolving financial needs of Nigerians. By encouraging small, consistent contributions, Esusu seeks to demonstrate that building financial security does not necessarily require having large sums of money available at once. The product is available to eligible individuals between the ages of 18 and 80, subject to the applicable policy requirements and conditions.

Shedding more light on the product, Chris Ekwonwa, Group Head, Strategy, Marketing and Customer Relations, SanlamAllianz Nigeria, said: “Beyond providing a savings opportunity, Esusu reinforces the importance of financial literacy and long-term planning. It encourages individuals to become more intentional about managing their finances, preparing for future responsibilities and building a stronger financial foundation using a financial instrument they are very familiar with. With the campaign message “Esusu – Savings Wey Confam!”, SanlamAllianz is taking a relatable approach to financial empowerment, connecting with Nigerians through a savings concept deeply rooted in local culture while providing the structure and additional protection of an insurance solution.”

Industry watchers have long called for a retail driven product for the underserved markets, the launch of SanlamAllianz Esusu clearly is a stab at that target audience and expectations are rife as to the potential impact of the product.

SanlamAllianz Nigeria is no stranger to taking bold initiatives in the market space. With its first-of-its-kind SanlamAllianz Campus Takeover with Ayo Maff kicking off this weekend at the iconic OAU Amphitheatre at Ife, there are progressive signs that the brand is not paying lip service to its oft-stated quest to drive insurance penetration and financial inclusion in the Nigerian insurance market.

ABOUT SANLAMALLIANZ
SanlamAllianz is a Pan-African financial services joint venture between Sanlam, Africa’s largest non-banking financial services group, and Allianz, a global financial services and insurance leader.
In Nigeria, SanlamAllianz operates through its Life and General Insurance businesses, providing a range of insurance and financial solutions designed to protect individuals, families and businesses while supporting their financial aspirations.

The post SanlamAllianz Launches Esusu to Promote Savings Culture Among Nigerians appeared first on Business Today NG.

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COP31: Climate, health take centre stage as funders mobilise over $375 million

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Climate change and its sweeping impact on human health are expected to feature prominently in discussions at the ongoing 31st session of the United Nations Climate Change Conference of the Parties (COP31) in Antalya, Türkiye, as global health and climate funders mobilise more than $375 million to address climate-related health challenges.

The funding, announced at the opening of the conference on Monday, is expected to support efforts to ramp up adaptation and mitigation measures, particularly in vulnerable communities at the mercy of extreme heat, air pollution, climate-sensitive infectious diseases and other health risks linked to global warming.

The announcement comes amid fresh warnings from international climate and health pundits that rising global temperatures, worsening extreme weather events and soaring greenhouse gas concentrations are heaping unprecedented pressure on public health systems.

In Nigeria and several other countries worldwide, surging temperatures have fuelled public health concerns in recent years. The emergence of El Niño—a natural climate pattern marked by the warming of ocean surface temperatures in the central and eastern tropical Pacific Ocean —is also stoking worries among world leaders.

Speaking at the opening ceremony, Simon Stiell, executive secretary of the UN Climate Change, said the world is witnessing dangerous heat levels that expose hundreds of millions of people to extreme temperatures.

“As today’s important data from the WMO shows, the world is getting dangerously hot. Hundreds of millions of people are exposed to extreme heat across Southern Asia,” Mr Stiell said.

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He said heatwaves during the Northern Hemisphere’s summer broke temperature records and killed an estimated 50,000 people across Europe.

According to him, climate change has evolved into a global health crisis, with consequences ranging from toxic air pollution and extreme heat to climate-related disasters that overwhelm health systems and critical infrastructure.

Climate crisis is a global health emergency

Mr Stiell identified the effects of rising temperatures on pregnancy, newborns and maternal health as another emerging health disaster linked to climate change.

He attributed the worsening situation to continued dependence on fossil fuels and deforestation, warning that the consequences are becoming increasingly dangerous for vulnerable populations.

“The impacts of rising heat on pregnancy, newborns and maternal health are another unfolding health disaster which has the fingerprints of the climate crisis all over it,” he said.

He added that health will remain central to COP31 discussions, guided by Türkiye and Australia, building on the progress made at COP30 in Belém, Brazil.

The UN climate chief also highlighted the Climate & Health Funders Coalition, which he said has already awarded more than $200 million to back climate and health interventions before the latest funding announcement.

Mr Stiell said practical solutions, including electrification and the transition to clean energy, are crucial to reducing climate-related health risks and the economic pressures associated with fossil fuel dependence.

He urged governments to accelerate the transition to cleaner energy, warning that continued reliance on fossil fuels will expose households, businesses and governments, including health systems, to soaring costs.

WMO: Global temperatures set to rise further

Also speaking, Celeste Saulo, the secretary-general of the World Meteorological Organisation (WMO), said the organisation’s State of the Climate Update 2026 presented fresh evidence of an accelerating climate crisis.

She remarked that the past 12 years have been the warmest on record, while the past four years, including 2026, are the four warmest years recorded.

According to her, the global average temperature between January and September 2026 was approximately 1.47 degrees Celsius above the pre-industrial average.

Ms Saulo observed that temperatures could rise further before the end of the year due to a strong El Niño event, adding that its greatest impact on global temperatures is likely to be felt in 2027.

She said the current El Niño is unusually strong, with forecasts indicating that sea surface temperatures in the tropical Pacific could approach four times the threshold used by the WMO to declare an El Niño event between November 2026 and January 2027.

The WMO chief also disclosed other alarming indicators, including ocean heat touching a record high for the tenth year in a row and sea levels jumping to unprecedented levels.

She said rising sea levels are increasing the risks facing approximately 900 million people living along low-lying coastal areas.

Ms Saulo added that millions of people experienced dangerous heat in 2026, contributing to tens of thousands of excess deaths in Europe alone, while India, Pakistan and large parts of Asia and North America also experienced severe heatwaves.

She further cited devastating floods in parts of South America and Africa, droughts across parts of Asia, the Pacific and Central America, and catastrophic high-mountain disasters in China and Nepal.

Despite the worsening situation, she said progress is being made in strengthening early warning systems.

According to her, the number of countries reporting multi-hazard early warning systems increased from 56 in 2015 to 136 in 2025.

She urged governments at COP31 to prioritise sustained investments in climate observations, data systems and early warning infrastructure.

“We cannot afford to fly blind,” she said, stressing the need for urgent decisions and funding to address the growing climate threat.

Wellcome: Coalition awards over $225m in first year

Similarly, Alan Dangour, director of climate and health at Wellcome, said the latest WMO climate assessment demonstrates the magnitude of the threat posed by rising greenhouse gas concentrations, record-breaking temperatures, melting sea ice and rising sea levels.

He said the effects of climate change are increasingly being felt by people across the world, yet human health remains insufficiently prioritised in international climate negotiations.

“At Wellcome, we focus on people – on human health. And we’re working night and day to bring the health and wellbeing of people into rooms like this and the big negotiating rooms out there so that the impact of climate change on people finally takes its place at the climate change table,” he said.

Mr Dangour cited findings from the Lancet Countdown annual report, which Wellcome funds, estimating that fossil fuel-related air pollution and extreme heat contribute to more than three million deaths annually.

He also noted that extreme drought affected nearly 52 per cent of the world’s land for at least one month in 2025, the second-highest level on record.

According to him, drought and changing groundwater conditions are worsening food insecurity and sanitation challenges, with significant implications for public health.

However, he said several proven interventions could help curtail the health burden of climate change.

These include cleaner energy, electrification, heat early warning systems and broader adaptation measures, which he said could prevent deaths and reduce healthcare costs.

READ ALSO: COP31 opens in Türkiye with focus on climate finance, implementation

On the coalition’s funding efforts, Mr Dangour said Wellcome has joined forces with more than 35 philanthropic organisations to establish the Climate & Health Funders Coalition at COP30 in Belém, with an initial joint commitment of $300 million.

He announced that the coalition awarded more than $225 million in its first year to support interventions addressing extreme heat, air pollution, climate-sensitive infectious diseases and data systems.

The coalition also attracted an additional $150 million in commitments from new and existing funders, bringing the total funding mobilised to more than $375 million.

Mr Dangour called on governments and businesses to strengthen their responses to climate-related health risks, particularly for vulnerable groups, including children, pregnant women, outdoor workers and older people.

He also highlighted the need for policies to protect pregnant women and newborns from extreme heat exposure.

At the Pre-COP31 meeting in Fiji, he said Wellcome and its partners launched a global call to action seeking improved health guidelines, information, plans and data to protect pregnant women from extreme heat.

He urged governments to put human health and wellbeing at the centre of climate action, arguing that the success of climate negotiations should be measured not only by emissions reductions and temperature targets but also by lives saved and improved health outcomes.


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