Proven Success

Enhancing Banking Sector Engagement with African Governments
Enhancing Banking Sector Engagement with African Governments

Challenge
AlBaraka Bank desired to capitalize on the investment opportunities presented at the AfricanDevelopment Bank conference. The conference focused on mobilizing private sector financingfor climate and green growth in Africa, and the bank wanted to engage with relevantstakeholders to explore these opportunities.

Solution
IPA organized AlBaraka Bank participation in the annual meetings of AFDB and addressed thechallenge, identified the relevant stakeholders and facilitated bilateral communication withthem.

Results
Al Baraka Bank was able to establish a strong investment relationship network in Africa. TheBank achieved this by meeting numerous high-level government officials and engaging withbilateral and multilateral development agencies, non-governmental organizations, civil society,and the private sector. This engagement expanded the bank's investment opportunities drivingthe bank’s growth and presence in the African market.