African Bank is banking on South Africa’s youth

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African Bank is banking on South Africa’s youth
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[SPONSORED] AfricanBank has partnered with Empowaworx to form youth development initiatives assisting disadvantaged young people with critical work and entrepreneurial skills development, & funding opportunities. entrepreneurs SMEs

As part of African Bank’s rebirth and repositioning to become a major banking player in South Africa, one constituency it is determined not to leave behind is the country’s youth, who are faced with a multitude of socioeconomic challenges.

Playing its part in addressing youth unemployment, African Bank has partnered with creative marketing agency Empowaworx to form youth development initiatives that assist disadvantaged young people with much-needed critical work and entrepreneurial skills development, as well as funding opportunities.

“The bank is on a mission to return to its heritage as an African bank that is ‘for the people, by the people, serving the people’. Part of this includes exposing entrepreneurs to a network of support and to finances,” says Montse. The bank’s enterprise development initiative is a year-long programme that offers candidates the opportunity to put their business ideas to a network of service providers and prospective funders. These funders include private equity firms as well as African Bank itself, which can assist with grants and funding.

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