Orabank, resilient in a still difficult context
The President of the Orabank Group recently published a new editorial. It highlights the Group's short and medium term perspective, outlining key commitments, progress achieved and the road ahead. In particular, the Chairman recalls the main thrusts of the Group's new 2021-2025 strategic plan. It was adopted in 2021. Its objective is for the Orabank Group to remain a leading banking group that participates in financing the sustainable development of an emerging Africa.
An ambitious project for human capital
The Orabank Group recently published its 2021 Social Report Card which includes statistics on the activities of the Human Resources function as well as an analysis of the Group's social performance. Within the framework of Orabank's new 2021-2025 strategic plan, the main human capital levers concern employee skills, compensation, modernization of the information system and HR management tools, and professional development.
Professional insertion of young people
In 2022, the Plateau City Council in collaboration with Orabank Côte d'Ivoire launched a program for the socio-professional integration of Plateau youth called "Plateau Naman". This program aims to reorganize and formalize the activity of young people. Orabank seeks to promote inclusive and equitable growth by having a social impact in all countries.
Financing of agri-food industries
Since June 2021, the Orabank Group has been trading with the "Finance In Motion" fund, an investment company specializing in agricultural financing in Africa. A fundraising for an amount of 25 million euros will be carried out. The funds will be used to finance private companies involved in agricultural campaigns in the countries where the Orabank Ivory Coast subsidiary operates (Ivory Coast, Burkina, Guinea-Bissau, Niger and Senegal).
Donations during the month of Ramadan
In 2021, three subsidiaries of the Orabank Group (Mali, Mauritania, Chad) made donations for the month of Ramadan. Orabank Mali donated 500 bottles of water to the mosques of five of its eight branches in Bamako. The donations mainly consist in providing food aid to the most disadvantaged. Orabank Mali and Orabank Mauritania have made donations to NGOs: Al Farouk in Mali and BASMA in Mauritania. The total budget allocated amounts to more than 61 million CFA francs.
Donations to orphanages
Several subsidiaries of the Orabank Group (Benin, Burkina, Niger, Chad, Togo) have made donations to orphanages and abandoned children in order to offer them better living conditions. Different types of donations have been made. Orabank Benin and Orabank Togo made cash and food donations. Orabank Burkina and Orabank Chad helped orphanages to provide better quality schooling for children.