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Bike ride raises $1.6 million for Africa's poor

1st Jul 2014 17:30

RNS Number : 1529L
Randgold Resources Ld
01 July 2014
 



 

RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel Islands Reg. No. 62686LSE Trading Symbol: RRSNASDAQ Trading Symbol: GOLD

 

EPIC BIKE RIDE RAISES $1.6 MILLION FOR AFRICA'S POOR

 

 

Cape Town, 1 July 2014 -  Randgold Resources chief executive Mark Bristow and his Boyz on Bikes team have arrived at Cape Point 26 days and 10 000 kilometres after leaving Abidjan in Côte d'Ivoire on a motorbike ride aimed at raising funds for Africa's poorest people and increasing international awareness of their plight.

 

The trans-continent ride - the fourth of its kind Bristow has undertaken - took in 12 African countries and raised some $1.6 million from sponsors and supporters, well in excess of its $1 million target. With the riders paying their own way, all this money is going to beneficiaries ranging from a girls' orphanage in Côte d'Ivoire to South Africa's Compass project which cares for abandoned children. (Note to ed: see list of beneficiaries below).

 

The ride took place under the aegis of Randgold's recently established charitable foundation Nos Vies en Partage (Sharing Prosperity), which supports poverty relief, education advancement, primary health care improvement, food safety and security, and the creation of employment and training opportunities.

 

Bristow said on arrival that the fact that the ride could be completed on schedule, despite the many challenges associated with travelling by bike through some of the continent's least developed countries, was a tribute to the team's approach, which mirrored Randgold's business philosophy.

 

"Whether you're developing a mine or embarking on a safari, you need a clear goal and a carefully calculated, practicable plan to get there. You also need to engage with the local people and make sure that they benefit from your presence and activities," he said.

 

"It says much for Africa that along the road we met many incidences of support and hospitality. When we reached the Lufu River between the Democratic Republic of Congo and Angola, for example, we found that the bridge had been washed away. A group of local men helped us to achieve the near impossible task of digging steps down the steep river bank, ferrying the bikes across in small boats and hauling them up the other side."

 

Bristow said a special vote of thanks was due to the donors whose generous support had enabled the ride to exceed its ambitious fund-raising target. Almost 200 companies and individuals from as far afield as Austria, Canada, Côte d'Ivoire, DRC, France, Italy, Kenya, Mali, Senegal, South Africa, UK, Uganda and USA have already made donations in support of the trip.

 

He noted that the foundation still had more to do. "I will be continuing handing out donations during my annual review of Randgold's West African exploration sites which begins in Senegal later this week. This way we will be able to reach more people who have been left behind by society in the West African countries in which we operate - namely Senegal, Mali and Côte d'Ivoire."

 

Beneficiaries to date of the motorbike ride:

Côte d'Ivoire

National Girls Orphanage of Grand Bassam

Public primary boarding school for orphaned girls and social cases

Don Orione Centre

Centre for the physical and mentally-handicapped children of Bonoua

Ghana

Mercy Foundation

An NGO dedicated to improving the lives of women and children - counselling abused women and children, victims of trafficking and street children

Benin-Togo

CEP Project, Benin

Sponsorship of examination materials for 2 villages

Nigeria

Ilushi Secondary School

Project providing educational facilities for children receiving classes in the open

Oronsaye Orphanage

NGO alleviating suffering of orphans, abandoned and neglected children

Cameroon-Gabon

Cameroon - la Chaine des Foyers Saint Nicodeme at Douala

Organisation placing homeless children into orphanages - run by Sister Marie Roumy who has assisted more than 6 000 children to date

Republic of Congo

Special School in Brazzaville

Serving children with mental and physical disabilities

DRC - Kinshasa

Orphanage Maman Koko

A 95 year old woman caring for 435 children aged 0 - 17 years, especially with HIV/Aids or disabilities

Orphanage run by Father Franck ORPER

Open to all girls - furniture and supplies

Orphanage Maman Suzanne

Open to selected girls - clothing, sewing machines, mosquito nets etc.

Old age home in Kabinda

Construction and repair of buildings

DRC - Province Orientale

Isiro - Construction of an educational and nutritional rehabilitation centre

Centre catering for pregnant and breastfeeding women with children aged 0 - 5 years, plus nutritional rehabilitation for severely malnourished children

3 orphanages in Watsa district near Kibali

School stationery, bedding, food etc.

Angola

Casa do rapazes

86 boys living in 2 rooms with 2 bathrooms - they are self-funding and are renovating the house to provide accommodation for all age groups

Etvoci Project

Unemployed women have formed a successful sewing cooperative - support for lessons in business development

South Africa

Caring 4 Kids with Cancer

Foundation dealing with the needs of children with cancer, their siblings and their parents

Compass Community Provision and Social Services

NGO sponsorship project caring for 103 babies and children, aged from newborn to 17 years who are from abused and abandoned, terminally ill and impoverished and previously disadvantaged backgrounds

Purchase of footballs

Donated to children along the route in celebration of the Soccer World Cup competition

 

 

An online journal of the trip can be viewed at www.3boyzonbikes.com and full details of the foundation can be found at www.partage-foundation.org.

 

 

ENQUIRIES:

Randgold Resources CEO

Mark Bristow

Tel: +44 788 071 1386 / +44 779 775 2288

Randgold Resources Investor and Media Relations

Kathy du Plessis

Tel: +44 207 557 7738 / email: [email protected]

www.randgoldresources.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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