Sterling Bank Supports Entrepreneurs to Tackle Nigeria's Water Crisis

Sterling Bank has launched the Sterling Wash Business Loan, in collaboration with Water.org, to assist businesses providing water and sanitation services in Nigeria. The initiative, led by Abubakar Suleiman, Managing Director of Sterling Bank, aims to tackle the country's water crisis by supporting entrepreneurs in expanding their impact on communities.

The partnership with Water.org, represented by Gilbert Guma, addresses the financial gap faced by small wash businesses, ensuring they can access affordable loans for growth. Other key figures like Olapeju Ibekwe and Samuel Onyinitan emphasized the importance of private sector involvement and technical support in improving water services.

Mukhtaar Temitope from Lagos State Water Corporation highlighted the role of partnerships in addressing the rising demand for clean water. Pendo Assaw from Water.org Tanzania shared insights on the growth potential of small wash businesses with adequate financing and technical assistance.