The catalytic capital model prioritises social and environmental impact alongside financial returns.
According to the bank, the model is deeply ingrained in its ethos, noting that its interest-free financing model aligns perfectly with these principles, ensuring investments not only generate profits but also contribute to societal well-being.
The summit, themed ‘Reimagining Progress: A New Blueprint for Sustainable Growth in Africa,’ brought together influential figures from both public and private sectors.
The Deputy Governor of Lagos State, Obafemi Hamzat, representing Governor Babajide Sanwo-Olu, emphasised the critical role of catalytic capital in driving sustainable development.
“ASIS 2024 must catalyze collaboration and action towards sustainable development in Africa. Public-private partnerships, fuelled by catalytic capital, are essential for attracting impactful investments,” Hamzat remarked.