Alternative Bank Urges Stable Policies for Private Capital Growth at Africa Summit

The Alternative Bank, represented by Demola Adeniyi, calls for stable policies to unlock private capital at the Africa Social Impact Summit. Adeniyi emphasizes the need for stronger public-private collaboration to accelerate blended finance and mobilize private capital for inclusive growth.

The event, hosted at the State House Conference Center in Abuja, featured high-level policy engagements with officials like Vice President Kashim Shettima and Hauwa Liman. Adeniyi highlights the bank's approach of transaction partnerships over conventional interest-based lending, focusing on profit-sharing structures to drive impactful results.

The bank's initiatives include delivering electricity, mobility projects, and training programs for women in various sectors. Adeniyi identifies policy inconsistencies as a major barrier to investor confidence and urges policymakers to adopt a multi-year blended finance framework for sustained capital mobilization.

Shettima stresses the importance of long-term investments in human capital, digital infrastructure, and market inclusivity to drive economic growth and development.