BANK OF AFRICA has officially launched its first regional capacity-building initiative, titled “Capacity Impact.” This program is part of the Pan-African Chair for Sustainability and Impact Finance, established in collaboration with leading Moroccan academic institutions such as Cadi Ayyad University, the Euro-Mediterranean University of Fes, and other prominent universities and schools across the country.
Boosting regional expertise in sustainability
Targeting both businesses and public institutions, “Capacity Impact” aims to equip regional stakeholders with the necessary skills and tools to incorporate sustainability and positive impact into their strategies and operations. Through training sessions led by experts from institutional, academic, and professional backgrounds, the program will foster social and environmental innovation, enhance economic resilience, and improve the environmental performance of operators.
Focus on inclusive growth and environmental innovation
The program is open to all types of businesses and institutions interested in transitioning towards a more sustainable economy. One of its core objectives is to support these institutions in developing inclusive growth policies while building a network of sustainability experts. By deploying this initiative across all regions of Morocco, BANK OF AFRICA is reinforcing its commitment to driving sustainable economic development at both the national and regional levels.
This initiative follows other impactful moves by the bank, such as its €70 million financing facility from the African Development Bank (AfDB) aimed at promoting African trade and its recent introduction of Apple Pay for electronic payments in Morocco.
A milestone in economic and environmental leadership
The “Capacity Impact” program not only highlights BANK OF AFRICA’s leadership in fostering sustainable economic practices but also sets the stage for a broader shift towards an economy focused on environmental responsibility and social innovation. By supporting institutions in navigating this transition, the bank plays a pivotal role in Morocco’s progress toward a sustainable future.
