10/07/2025
The Alternative Bank Champions Bold Action for Africa’s Future Ahead of ASIS 2025 Summit
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 10-11 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 recently at a press conference held at the United Nations House in Abuja,
Garba Mohammed, Executive Director, North, at The Alternative Bank, emphasised
the importance of collective action to address the continent’s most pressing
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
ex*****on," Mohammed stated, while also stressing that the time for discussion 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 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. "At The Alternative Bank, we believe that
impact is the new bottom line," he said.
"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."