Investment One, a financial services group, has made a one-off donation of N2 million to the African Child Trust (ACT) to support their cause of alleviation of poverty in Africa.
The company said the donation was in an effort to support underprivileged children and orphans in women-led households across Africa.
According to a statement, ACT supports children through the education cycle while meeting their material and welfare needs to reach their potential in life by contributing meaningfully to society.
It also works with women such as widows, single mothers, and grandmothers with the responsibility of looking after the children alone and by themselves.
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“With centres around training and financial support to generate income in a sustainable way, the move is to empower them to look after their families,” the company said in a statement.
The representative of the African Child Trust, who benefitted from the Investment One support programme, Yetunde Onipede said: “ACT will use the money to support the education of orphans and vulnerable children of needy widows in Africa.
“We use such support to provide funding to help pay for child schooling and to provide the necessary support for the widow and her family.”
Projects are carried out in education, health, and sanitation to enrich the local community. ACT is currently working in eight countries in Africa, such as Burkina Faso, DR Congo, Kenya, Malawi, Nigeria (focus is on the Ayobo-Ipaja community in Lagos State) Tanzania, Uganda, and Zambia.