The Alternative Bank Reiterates Commitment To Africa’s Sustainable Growth

The Alternative Bank has reaffirmed its commitment to driving sustainable development across Africa ahead of the highly anticipated 2025 Africa Social Impact Summit (ASIS).

Co-convened by the Sterling One Foundation and United Nations Nigeria, ASIS serves as a vital platform for tackling Africa’s social challenges through collaborative, market-driven solutions.

Set to take place from July 10 to 11 in Lagos, the summit will bring together government, civil society, the private sector, and development partners to share knowledge, discuss evidence-based insights, and create actionable plans aimed at achieving the United Nations Sustainable Development Goals (SDGs).

Speaking at a press conference held  in Abuja, executive director, North, at The Alternative Bank, Garba Mohammed, emphasised the importance of collective action to address the continent’s most pressing challenges.

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“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 stated.

“Now is the moment for real, bold solutions to tackle issues such as poverty, food insecurity, climate change, and inequality,” he continued.

Mohammed also highlighted the Bank’s alignment with the Sustainable Development Goals (SDGs) and Agenda 2063 of the African Union, framing them not as aspirational goals, but as actionable guides that shape the bank’s investments, partnerships, and community initiatives.

He noted that “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 development through strategic interventions that empower youth, women, and smallholder farmers. The Bank plays a leading role in transforming Africa’s food systems, by enabling sustainable agricultural practices, providing financing, capacity-building, and market access to smallholder farmers.

ASIS 2025 summit promises to be a pivotal moment for Africa’s development, bringing together global leaders to forge solutions that will drive tangible, scalable impact. In addition to developing new frameworks for sustainable development, the Summit will provide a platform for impact investors to finance existing African solutions tackling issues on climate change, circular economy, education, health, WASH (Water, Sanitation, and Hygiene), renewable energy, and agriculture.