ACCOMPLISH MAGAZINE DEC 2023
Folorunso Alakija: on business, philanthropy, legacy and her Journey to Mega Entreprenuerial Success.
Folorunso Alakija: on business, philanthropy, legacy and her Journey to Mega Entreprenuerial Success.
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COVER<br />
of Sharon Foundation to widows, their children and<br />
orphans or individuals who do not fit into that category<br />
or through Flourish Africa. I will, however, like to share<br />
the story of a child who is dear to me. In 2019, a friend<br />
of mine recounted her encounter with a woman at<br />
the Immigration office in Ikoyi, Lagos, Nigeria. She<br />
had come with her two-month-old granddaughter<br />
to obtain a passport as she needed to undergo<br />
a three-stage ventricle palliation surgery in India.<br />
According to what I was told, the baby’s grandfather<br />
said they should throw the child away as they could<br />
not afford the money for the surgery and all their funds<br />
were being drained taking care of her. However, the<br />
grandmother refused and decided to try all she could<br />
to save the baby’s life.<br />
When I heard the story, I was moved to tears<br />
and decided to help them. I got in touch with the<br />
grandmother, got all the details about the baby’s<br />
condition and the hospital they had contacted in<br />
India. We planned for their trip and the baby was<br />
accompanied by her mother and grandma to India.<br />
To the glory of God, the surgery was successful. After<br />
about a year, she had to go for the second stage of<br />
the surgery, and it went well too. She is now a beautiful,<br />
bright and bubbly four-year-old who is currently in<br />
nursery school. We are still taking care of her health as<br />
she needs to see specialists for regular monitoring.<br />
We have also granted her educational scholarship<br />
up to university level. Whenever I speak to her on the<br />
phone or she comes over to see me, I am always<br />
grateful to God for giving me the opportunity to help<br />
and save the life of this child. I know God has a plan for<br />
her life and I trust God to give me the grace to support<br />
her to fulfil His destiny for her life.<br />
of principled consumers are important factors in<br />
shaping the future of sustainable business practices.<br />
As African businesses and governments accept and<br />
adopt sustainability, they can encourage a shift to<br />
more responsible practices worldwide.<br />
Accomplish Magazine: Navigating both business<br />
and philanthropy, how do you strike a balance<br />
between ambition and altruism, ensuring success in<br />
both domains?<br />
As a Christian and someone guided by the life of<br />
Jesus, I am called to love my neighbour as myself.<br />
Through the years and by the grace of God, I have<br />
tried to give back to society in various ways. The<br />
I wish to leave behind<br />
the legacy of a woman<br />
who built strong viable<br />
businesses through<br />
the grace of God and<br />
her personal discipline<br />
of hard work, resilience<br />
and dedication<br />
to excellence.<br />
When I see the lives that have been transformed by<br />
our philanthropic work, it reinforces my commitment<br />
to reach out and touch as many lives as God gives me<br />
the grace and enablement to do.<br />
Accomplish Magazine: Considering the global<br />
audience, how do you perceive the role of Africa,<br />
and Nigeria in particular, in shaping the future of<br />
sustainable business practices?<br />
Africa, particularly Nigeria, has a vital role in defining<br />
sustainable business practices globally. The<br />
responsible management of natural resources,<br />
innovation, economic growth, and technological<br />
improvement in Africa can influence global<br />
sustainability. Nigeria can set a positive example<br />
for global businesses by giving value to ethical<br />
practices and social responsibility. In addition, making<br />
contributions to the United Nations Sustainable<br />
Development Goals, integration of sustainability ethics<br />
into global supply chains, and meeting the demands<br />
Rose of Sharon Foundation<br />
and Flourish Africa are two<br />
organisations through which<br />
some of these philanthropic<br />
activities are executed and<br />
they help to provide a balance<br />
between philanthropy and<br />
altruism which speaks to giving<br />
to others to the extent of hurting<br />
yourself. Rather than stifle<br />
my ambition in business and<br />
ministry, all of these have served<br />
to fire it up the more so that I can<br />
achieve more and consequently,<br />
be able to give out more.<br />
Accomplish Magazine: Being a<br />
prominent female figure in the<br />
business world, what advice<br />
would you give to aspiring<br />
14 | Accomplish Magazine