The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to combat hunger and promote education, aiming to raise approximately N20 million for these initiatives. The partnership aligns with the theme of the African Union Summit 2024, “Educate and Skill Africa for the 21st Century.”
Hassan Yusuf, the Managing Director of The Alternative Bank, revealed the plan in a press release, emphasizing the upcoming AltWalk event as a crucial fundraising platform. “Through this initiative, we aim to mobilize contributions from both internal and external stakeholders, reaffirming our commitment to education and societal welfare,” stated Sawyer.
The fundraising campaign targets to secure N20 million, with the funds dedicated to providing meals for underserved communities and orphanages through the Lagos FoodBank initiative and delivering quality educational support via Sterling One Foundation.
The campaign seeks support from individuals, families, businesses, and organizations dedicated to eradicating hunger, enhancing education, promoting healthy living, and making a positive societal impact. Prospective donors are urged to contribute through the designated website: https://altbank.ng/walk/.
The active involvement and contributions of stakeholders are expected to have a significant impact on critical social issues such as hunger reduction, improved education, and healthier lifestyles.
Yusuf underscored AltBank’s commitment to empowering customers through innovative solutions in health, food security, and education, positioning them for success in the 21st century. He emphasized that education lies at the heart of the bank’s mission to strengthen the economy and enhance financial well-being across society.
AltBank, Nigeria’s recent entrant into the financial services sector, made a remarkable debut with simultaneous launch events in Lagos, Abuja, and Kano, marking the country’s first multi-city brand launch. As the ethical banking arm of Sterling Financial Holdings, The Alternative Bank originated in 2014 as Sterling Alternative Finance under Sterling Bank Plc’s non-interest banking license. Over time, it has emerged as a significant player in Nigeria’s non-interest banking sector.
