The FINANCIAL -- The UN Global Compact convened its second Regional Meeting for Focal Points of Global Compact Local Networks in Africa today in Lagos, Nigeria.

The meeting, held following the conference “Business Taking a Stand in the Fight Against Corruption,”& #160;brought together participants from 12 country networks to discuss the key issues and challenges in creating sustainable netwoks. 

Compared to other regions, Global Compact Networks in Africa, have - on average - a smaller participant base, but engage the private sector in a number of important areas. The meeting featured engagement examples from Kenya, Malawi, Zambia, and Ghana. Despite some major challenges for networks in Africa, they all show commitment and drive to continue to expand and strengthen their networks even during the current financial and economic crises.

Moving forward, participants vowed to more closely coordinate their work especially with regards to the preparation of the 2010 Global Compact Leaders Summit, and to continue to share with each other lessons learned and tools and guidance material in order to benefit from each other’s experiences in rooting the Global Compact in the African context.

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