Both institutions entered this partnership because the banks believe that infrastructure is essential for quality education, and the quality of infrastructure has a significant impact on learning outcomes.

According to the duo, well-built classrooms provide learners with a safe, comfortable and well-equipped environment to learn effectively. The value of education for youth cannot be underrated, primarily as the country commemorates and celebrates Youth Month.

"We are delighted to be a part of this project, particularly a school in an area that seldom gets attention," says Edna Montse, group chief transformation and sustainability officer at African Bank.

"The school had classrooms, which were made from mud — a task that the parents of the school had taken upon themselves. By building proper classrooms, we are showing our young people that we care about them and their future and provide dignity to our people. As AfricanBank, we pride ourselves on being a bank for the people, by the people and serving the people," Montse adds.

The project has helped empower the community and create job opportunities, which is important in this sluggish economy.

"All the builders, health and safety officers and project lead are from the community and not only does this provide employment, but the skills and experience they will gain will contribute to padding their CVs for future opportunities," Montse says.

Montse also commented on the power of private-sector partnerships, explicitly referencing the collaboration with the Bank of China.

Montse adds, "This project brought together two great financial sector brands which could make a valuable impact on a community that needs it and empower that community. Collaboration among stakeholders, particularly businesses, government and non-profit organisations, is necessary to promote socio-economic growth in addressing our current challenges."

Dr Longjian Chen, CEO of the Bank of China Johannesburg Branch, stated that as a partner of this project, he believes that education is one of the most important investments they can make in their collective future.

"Through education, we empower individuals to reach their full potential and build strong, resilient communities," says Chen.

"We look forward to bridging the primary schools in China and South Africa to enhance cultural interaction and promote understanding between our communities. In addition, we will be organising volunteers from our bank to work with the students and teachers, providing additional support and resources to enhance their learning experience," concludes Qiqi Du, the senior vice president of the Bank of China Johannesburg Branch. 

For more information, visit www.africanbank.co.za. You can also follow African Bank on Facebook, Twitter or on Instagram.