In a strategic collaboration to ending hunger, improving education, fostering healthy living, and positively impacting society, The Alternative Bank Limited (AltBank), Lagos FoodBank and Sterling One Foundation have joined forces to raise approximately N20 million in support of hunger alleviation and educational initiatives.
This initiative 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,
unveiled this plan in a press release, highlighting the forthcoming AltWalk
event as a pivotal 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 Yusuf.
The fundraising campaign aims to secure N20 million, with
the proceeds serving dual purposes: providing meals for underserved communities
and orphanages through the FoodBank initiative and delivering quality
educational support via Sterling One Foundation.
This campaign targets individuals, families, businesses, and
organizations committed to ending hunger, improving education, fostering
healthy living, and positively impacting society.
Prospective donors are encouraged to contribute through
https://altbank.ng/walk/.
Stakeholder participation and donations are poised to
substantially impact critical social issues, including hunger reduction,
enhanced education, and healthier lifestyles.
Yusuf emphasized AltBank’s dedication to empowering
customers through innovative solutions in health, food security, and education,
positioning them for success in the 21st century. He stressed that education is
central to the bank’s mission of bolstering the economy and enhancing financial
well-being across society.
AltBank, Nigeria’s most recent entrant into the financial
services sector, made a grand entrance 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.
It has since evolved into a prominent player in Nigeria’s
non-interest banking sector.