The Alternative Bank has reaffirmed its dedication to driving sustainable growth throughout Africa forward of the extremely anticipated 2025 Africa Social Impact Summit (ASIS). Co-convened by the Sterling One Foundation and United Nations Nigeria, ASIS serves as a significant platform for tackling Africa’s social challenges by means of collaborative, market-driven options.
Set to happen from July 10-11 in Lagos, the summit will convey collectively authorities, civil society, the non-public sector, and growth companions to share data, talk about evidence-based insights, and create actionable plans geared toward attaining the United Nations Sustainable Development Goals (SDGs).
Speaking lately at a press convention held on the United Nations House in Abuja, Garba Mohammed, Executive Director, North, at The Alternative Bank, emphasised the significance of collective motion to handle the continent’s most urgent challenges.
“The theme of this year’s summit, ‘Scaling Action,’ speaks volumes. It reflects an urgent and deliberate shift from rhetoric to results, from bold conversations to bold execution,” Mohammed said, whereas additionally stressing that the time for dialogue is over.
“Now is the moment for real, bold solutions to tackle issues such as poverty, food insecurity, climate change, and inequality,” he continued.
Mohammed additionally highlighted the Bank’s alignment with the Sustainable Development Goals (SDGs) and Agenda 2063 of the African Union, framing them not as aspirational targets, however as actionable guides that form the {bank}’s investments, partnerships, and group initiatives. “At The Alternative Bank, we believe that impact is the new bottom line,” he mentioned.
“As a purpose-driven, ethically grounded, and specialised financial institution, we have aligned our strategy and operations with the SDGs and Agenda 2063. These are not just aspirational frameworks to us; they are action guides that shape how we invest, how we collaborate, and how we serve.”
Since its inception, The Alternative Bank continues to champion sustainable growth by means of strategic interventions that empower youth, ladies, and smallholder farmers. The Bank performs a number one position in remodeling Africa’s meals methods, by enabling sustainable agricultural practices, offering financing, capacity-building, and market entry to smallholder farmers. Additionally, AltBank’s ACT Youth Digital Empowerment Program equips 1000’s of younger individuals with digital, entrepreneurial, and life abilities, positioning them as job creators and champions of sustainable growth. For ladies, the Bank’s initiatives, such because the Matazalla Women’s Mobility Initiative, Althaven, and the Light Her Program, break obstacles by offering eco-friendly electrical tricycles, capital, mentorship, and networks to ladies entrepreneurs. These efforts align with the United Nations SDGs and the African Union’s Agenda 2063, contributing to a extra inclusive, affluent, and sustainable Africa.
With ASIS 2025 set to flag-off with a High-Level Roundtable on July 9, the summit guarantees to be a pivotal second for Africa’s growth, bringing collectively international leaders to forge options that can drive tangible, scalable influence. In addition to creating new frameworks for sustainable growth, the Summit will present a platform for influence buyers to finance present African options tackling points on local weather change, round financial system, schooling, well being, WASH (Water, Sanitation, and Hygiene), renewable power, and agriculture.
About The Alternative Bank
The Alternative Bank commenced its journey in January 2014 as a non-interest banking window in Sterling, with a imaginative and prescient to create a dynamic banking expertise that respects individuality and speaks the language of its prospects/companions. In July 2023, the Central Bank of Nigeria issued a Banking License to The Alternative Bank, enabling it to function as a fully-fledged, standalone {bank}. Guided by its Advisory Committee of Experts (ACE), The Alternative Bank ensures all its operations align with the ethics of Non-Interest Banking. For extra data, please go to www.altbank.ng.
