University of Kigali collaboration with University of Cape Town and University of Cambridge Institute for Sustainability (Southern Africa office) to raise awareness and skills
A number of leading CEOs from the Rwandan private sector, including from the Bank of Africa, Bralirwa, Cogebank, Bank of Kigali, Crane Bank, African Alliance, and other senior corporate executives gathered at the Serena Hotel on Friday morning, 6 October 2017, to discuss a new three-university initiative to support the implementation of the Sustainable Development Goals (SDGs) in Rwanda.
President Paul Kagame has recently stated that the SDGs represent “an unprecedented opportunity for Africa” and “can be a bridge between our development vision and strategy, and doing the right thing in the right way”. But President Kagame also called on everyone to “do more, and better”.
Picking up on this theme, guest speaker Professor Richard Calland of UCT and Fellow of The Cambridge Institute for Sustainability Leadership, said that the SDGs were “for everyone, everywhere, now” and that “we are all in it together – our destinies are interwoven, our future inextricably bound together – whether we are in Cambridge, Cape Town or Kigali.”
Prof. Richard Calland of UCT and Fellow of The Cambridge Institute for Sustainability Leadership.
Co-founder of the University of Kigali and Chairman of the Board of Promoters, Professor Nshuti Manasseh, welcomed the corporate leaders and, drawing on his experience as Minister of Finance, and his exposure to an “unsustainable international banking institution” during the 2008 global economic crisis, challenged Rwanda’s finance sector to make a paradigm shift when making investment decisions.
Co-founder of the University of Kigali and Chairman of the Board of Promoters, Professor Nshuti Manasseh.
Calland asked: “If you are in finance, are you lending to infrastructure projects that will contribute to SDG9 on industry, innovation and infrastructure? On what basis do you choose to lend? Do asset managers and others with a fiduciary duty over other people’s capital take the ‘right’ things into account when deciding what is and is not a ‘good’ investment?”
Another Co-founder of the University of Kigali and Chairman of Cogebank, Philibert Afrika, intends that the university’s Centre for Economic Governance and Leadership (CEGL) will provide a bespoke range of executive education “to help Rwandan business leaders grasp the complex context in which modern business must operate and the leadership required to respond to the global sustainability challenge and contribute to Rwanda’s own sustainable development path”.
Co-founder of the University of Kigali and Chairman of Cogebank, Philibert Afrika.
Afrika said that he is “excited that Cambridge and Cape Town are coming to Kigali to help Rwanda take the lead on the African continent in responding to the President’s call for everyone to ‘do more, and better’”.