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How Access Bank is addressing malaria eradication on the continent
Eradication isn’t the first thing that comes to mind when one imagines an established brand like Access Bank. However, as the American philosopher Ralph Waldo Emerson made the connection between health and wealth centuries ago, a world-class financial institution in the mould of Access Bank can definitely appreciate the all-encompassing importance of a healthy population.
From the socio-economic to the political, every aspect of living is affected by good health – or the lack of it – and is for this reason that Access Bank under the leadership of Herbert Wigwe has risen to the challenge of eradicating malaria, a disease that mostly threatens the health conditions of sub-Saharan Africa.
According to the World Health Organisation, the African region carries an excessively high share of the global malaria burden. In 2018 alone, the region was home to 93% of malaria cases and 94% of malaria deaths. Nigeria is the most affected country on earth, contributing about 25% to the global malaria cases despite the fact that malaria, a disease caused by the plasmodium parasite is both preventable and curable. Children under five years of age are the most exposed age group. Other vulnerable categories of people include infants, pregnant women and people who are immune-compromised.
Total funding for malaria control and elimination reached an estimated US$ 2.7 billion in 2018, with contributions from governments of endemic countries amounting to US$ 900 million. Access Bank without a doubt has made a dent in these figures through its landmark partnership with the Private Sector Health Alliance of Nigeria. This unique collaboration, called the Malaria-to-Zero Initiative is an innovative financing platform that aims to galvanise private sector resources and capabilities for sustained support towards averting at least 1 million malaria cases and deaths. This programme has been an important first step towards complementing government’s effort in achieving its malaria pre-elimination goals.
Since inception, an estimated 273,000 people have been reached, many for the first time in rural communities of Nigeria, not just with testing and treatment, but with potentially life-saving information that has been put in place to prevent the occurrence of malaria. 357 community groups have been empowered and engaged with the technical capacity to roll out useful community interventions. Over 1 million people have been reached across the length and breadth of Nigeria with information, education, and communication materials. Social media has been a useful strategy and as such, over 6 million impressions have been made across several platforms.
Low hanging fruits will always remain easy to pluck but the Malaria-to-Zero Initiative has been just as interested in harder-to-reach communities with about 15 of these communities finally receiving intervention programmes for the first time.
Malaria in pregnancy has been one of the most important contributions to malaria morbidities and mortalities, so the Malaria-to-Zero Initiative has been tactical as well, following the evidence and the data to provide almost 5,000 women with long-lasting insecticide-treated nets (LLINs). A notable increase in demand for malaria commodities (40%) has been recorded since the intervention kicked off. The data generated from the programme has been instructive. If anything, it points to the effectiveness of structured impact-oriented approaches that can be monitored and evaluated through repeated focus group discussions. For example, so far, 90% of the recipients of the long-lasting insecticide-treated nets report that they have put them to appropriate use.
In 2018, GBC Health’s Corporate Alliance on Malaria in Africa alongside a consortium of partners including the Private Sector Malaria Prevention Project, PSMP at John Hopkins Center for Communication, UK Aid and the National Malaria Control Programme of the Ghana Health Services, conferred the ‘Innovation Award’ on Access Bank for the institution’s active role in combating malaria on the continent. Reacting to the honor, the Bank’s Head of Sustainability, Omobolanle Victor-Laniyan highlighted the importance of cross-sector collaborations in eradication efforts and expressed intentions of Access Bank to intensify its effort.
“The only way to end or at least reduce the prevalence of malaria is by organising and strategically leveraging on the resources, capabilities and the proven expertise of private sector organisations. This is what Access Bank has been championing with the Malaria-to-Zero initiative,” she said.
According to the latest World Malaria Report released in December 2019, there were 228 million cases of malaria in 2018 compared to 231 million cases reported in 2017. This represents a decrease in about 3 million cases. The estimated number of malaria deaths stood at 405, 000 in 2018, compared with 416, 000 deaths in 2017. It will be interesting to see what the numbers look like as Access Bank continues to champion intervention efforts. There is a template now and other institutions can plug into Access Bank’s lead.
Guaranty Trust Holding Company Plc (GTCO Plc) is pleased to announce the 9th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 1st to Sunday, May 3rd, 2026, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos.Geographic Reference
This year’s theme, “Everything Food and Drink,” captures the expansive nature of the Festival experience. It reflects not only the variety of cuisines on display but also the depth of stories behind them. Over the years, the GTCO Food and Drink Festival has grown far beyond a seasonal celebration to become a culturally significant platform where food and drink serve as a meeting point for storytelling, innovation, and opportunity. The Festival will feature 204 free retail stalls, showcasing the rich diversity and creativity of our food culture; from time-honoured traditional dishes preserved across generations, to bold contemporary interpretations of global cuisine, creating space for every flavour, every technique, and every craving to find expression.
Visitors can expect a rich programme featuring interactive masterclasses, live culinary demonstrations, food and wine tastings, and a vibrant marketplace showcasing small and medium-scale food businesses alongside established culinary brands. In addition to its wide range of food and drink offerings, the GTCO Food and Drink Festival is renowned for its family-friendly atmosphere, with a well-equipped play area and a variety of engaging activities for children, ensuring an unforgettable experience for the whole family.
Speaking ahead of the 2026 edition, the Group Chief Executive Officer of GTCO Plc, Segun Agbaje, emphasized the Festival’s continued evolution as both a cultural and economic enabler: “The GTCO Food and Drink Festival has, over the years, become a living expression of what we stand for as an institution: innovation, opportunity, and enterprise that is accessible to all. What makes this platform special is not just its scale, but its humanity. It brings together people from different walks of life around something universal—food and drink—and in doing so, it breaks barriers and builds connections that extend far beyond the event itself.”
Since inception, the GTCO Food and Drink Festival has positioned itself as one of Africa’s most prominent culinary gatherings, attracting participation from across Nigeria and increasingly from the wider continent and diaspora.
Admission remains free and open to all, reaffirming the Festival’s commitment to accessibility as a consumer-focused event that brings people together through food, drink, culture, and enterprise.
For more information on the event, please visit: https://foodanddrink.gtcoplc.com
Leading financial institution, Fidelity Bank Plc, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation sector in Nigeria and across Africa by both organisations.
The agreement was formally executed by Mr. Christian Hatje, Managing Director, Business Aviation and SVP Commercial, representing AFG; and Mr. Stanley Amuchie, Executive Director and Chief Operations and Information Officer of Fidelity Bank Plc at a signing ceremony in Germany recently.
Speaking at the signing ceremony, Mr. Christian Hatje stated, “This partnership marks a significant milestone in our commitment to Africa’s aviation future. Partnering with Fidelity Bank, Nigeria’s leading aviation financier, we are confident in our ability to structure solutions that will drive meaningful growth across the sector.”
Through this partnership, both institutions will work closely to identify, finance, and grow aviation opportunities across the continent. The collaboration aims to provide innovative leasing and financing solutions that support airlines, aviation operators, and related stakeholders in expanding capacity, modernizing fleets, and strengthening operational and fleet efficiency.
“Fidelity Bank remains dedicated to supporting the aviation industry through tailored financial solutions. Our collaboration with AFG strengthens our capacity to provide sustainable financing that will contribute to the expansion of aviation in Nigeria and across Africa,” explained Mr. Stanley Amuchie.
This partnership reflects a shared vision to foster long-term development, stimulate investment, and create sustainable opportunities within the African aviation industry.
Nigeria remains a strategic hub for aviation development in Africa. By combining AFG’s leasing expertise with Fidelity Bank’s deep sector knowledge and financial strength, the partnership is positioned to unlock new growth pathways and enhance the sustainability of the aviation ecosystem.
This collaboration in Africa forms part of AFG’s broader global portfolio expansion strategy, reflecting the company’s continued commitment to structured aviation investments across multiple international markets.
Fidelity Bank is regarded as a market-leader in the Nigerian aviation industry with a long list of interventions across the value chain. Its aviation finance solutions support aircraft acquisition and leasing, route expansion, aviation infrastructure development, cargo and export enablement; and partnership structures for large projects.
Re-affirming Unrivalled Capacity to Creating Value₦ Lagos, London – 31st March 2026Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).The Group reported profit before tax of 1.23trillion underpinned by strong growth in core earnings, with interest₦ income and fee income increasing y-o-y by 23.2% and 25.9%, respectively. The performance reaffirms its capacity to generate sustainable earnings and builds on the momentum from 2024, when GTCO delivered a record profit of 1.27trillion, driven in part by 517.5billion in fair value gains, which did not recur in 2025.₦ ₦The Group’s 2025 profit after tax came in at 865.75billion against 1.02trillion recorded in 2024. The profit after tax₦ ₦ reflects the impact of recent fiscal policy adjustments to the taxation of investment securities, notably withholding tax on short-term instruments. However, when normalised for this effect, underlying earnings remain robust, driven by growth in core operating income. The Group continues to maintain a well-structured, healthy, and diversified balance sheet in all the jurisdictions wherein it operates a Banking franchise, as well as across its Payments, Pension and Funds Management business verticals. Total assets and shareholders’ funds closed at 1₦ 7.8trillion and 3.₦ 4trillion, respectively. Capital Adequacy Ratio (CAR) remained very robust and strong, closing at 43.8%, likewise asset quality improved as evidenced by IFRS 9 Stage 3 Loans which closed at 3.4% and 5.0% at Bank and Group level in FY-2025 (Bank, 3.5%, and Group, 5.2% in December 2024). Cost of Risk (COR) also improved to 2.2% from 4.9% in December 2024. In specific terms, the Group’s loan book (net) grew by 12.4% from 2.79trillion as of December 2024 to₦ 3.13trillion in December 2025. Similarly, deposit liabilities grew by 23.8% from 10.40trillion to 12.87trillion during₦ ₦ ₦ the same period.Commenting on the results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr. Segun Agbaje, said: “Our 2025 result underscores the resilience and depth of our earnings capacity. Following a record 2024, which included significant fair value gains, our focus has been on strengthening the sustainability of our earnings by driving growth across our core banking and ecosystem businesses. The strength of our underlying earnings, despite a stronger Naira and tighter regulatory parameters, reflects the quality of our franchise and the discipline with which we execute our strategy. Importantly, this strong core earnings performance underpins our capacity to sustain and grow shareholder returns. Our record dividend payout this year is not only a reflection of our current profitability but also of our confidence in the Group’s long-term earnings potential. Looking ahead, we remain focused on scaling our ecosystem, driving innovation across our financial services platform, and delivering consistent, high-quality earnings that support superior value creation for our shareholders.”Overall, the Group continues to post one of the best metrics in the Nigerian Financial Services Industry in terms of key financial ratios i.e., Post-Tax Return on Equity (ROAE) of 28.3%, Post-Tax Return on Assets (ROAA) of 5.3%, Capital Adequacy Ratio (CAR) of 43.8% and Cost to Income Ratio of 27.9%.Guaranty Trust Holding Company Plc is a leading financial services group with operations across Africa and the United Kingdom. Renowned for its strong corporate governance, innovative financial solutions, and customer-centric approach, the Group provides a wide range of banking and non-banking services including payments, funds management, and pension fund administration. GTCO Plc is committed to delivering long-term value to stakeholders while driving growth and development across its markets.
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