Social investment
Our concern for social and economic development in a safe environment is an intrinsic part of our business. We believe that being a good employer and a good corporate citizen is essential to building and sustaining a dynamic and profitable business.
The Company is committed to providing a quality work environment for its employees and partners, and to understand the needs of the communities where it operates in order to improve living conditions with efficient and sustainable solutions. This rests on three pillars:
Our belief
Alignment of corporate and local priorities is a key driver of Addax Petroleum's community relations programs. We believe that the fundamental needs of a community should be addressed by the members of the community. Therefore, we partner with organizations and with our employees living and working in the community to identify the projects that provide the most value and most appropriately meet community needs. These programs deliver financial support for a range of education, training, and infrastructure projects that offer real and immediate benefits to people.
Our approach
To help identify projects, Addax Petroleum hosts regular town hall meetings and local stakeholder consultations to gather information and evaluate needs in the community. Examples of the new projects developed and supported in Nigeria include assisting host communities to form co-operative societies to enable access to soft loans, developing partnerships to provide micro credit for host communities and developing ophthalmologic campaigns benefiting the communities of Izombe and Eziorsu in Imo State. In all locations where it operates, Addax Petroleum continues to focus on programs and facilities, such as schools, roads and clean water systems, which create an immediate benefit for the communities.
The nature and scope of our social projects vary according to the specific characteristics of each community. They are implemented in Nigeria, São Tomé and Principe, Cameroon, Gabon, and the Kurdistan Region of Iraq. Our action specifically focuses on projects enabling a better access to medical care, primary and secondary education, and better living conditions. These can range from malaria prevention training to the provision of generators, to the rehabilitation of classrooms or the construction of latrines and wells. Click on the images below to have an overview of some of our projects.
Case studies
We are always happy and enthusiastic to see that indigenous companies pursuing joint venture opportunities regard us as a partner of choice. Furthermore, strong local relationships and community investments have made a positive contribution to the stability of Addax Petroleum’s operations.
Examples of community relations projects supported by Addax Petroleum are listed in the fact sheets below:
