SmartPreneur
Advertisement
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home Trending News

69,000 women entrepreneurs in Nigeria to receive $15m funding from AfDB

Blessing Osazuwa by Blessing Osazuwa
May 2, 2022
in Trending News
0
69,000 women entrepreneurs in Nigeria to receive $15m funding from AfDB
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Women Entrepreneurs Finance Initiative (We-Fi), under the African Development Bank (AfDB) has announced its intention to fund 69,000 women with $15 million in Nigeria, Cameroon, Egypt, Kenya, Mozambique with a view to improving their small and medium businesses.

Join our communityJoin our communityJoin our community

The statement obtained from the bank’s website said that this fourth round of financing will benefit almost 69,000 women entrepreneurs in developing economies with access to digital technology and finance.

“The funds will enable the Africa Digital Financial Inclusion Facility to design and implement programmes to improve digital access to finance women entrepreneurs and reduce the $42 billion financing gap as well as improve their operational efficiency to build back better following the COVID-19 crisis.

“We-Fi’s fourth round of allocations comes at a crucial time. Women’s economic empowerment is under pressure due to conflict and insecurity, rising prices and the continuous fallout from the COVID-19 pandemic around the world,” the bank said.

According to We-Fi, the funding which will not only complement Affirmative Finance Action for Women in Africa Initiative (AFAWA) will also be used to broaden access to finance for women small and medium businesses.

Tags: AfDB fundingAfrican Development BankEntrepreneurship funding 2022Female-led businessesNigerian womenWomen Entrepreneurs Finance InitiativeWomen Entrepreneurs in Nigeria
Previous Post

AfDB Endorses €9.8m Fund for African Startups

Next Post

Ongoing promo: Set Up Your E-commerce Website At An Unbelievable Rate

Blessing Osazuwa

Blessing Osazuwa

Blessing does the research to bring you needed information for success.

Related Posts

5 options for small businesses that cannot afford a lawyer
SME

5 Options for Small Business Owners that cannot afford a lawyer

by Ruth Okwumbu-Imafidon
July 28, 2022
0

As an entrepreneur that hopes to keep your business going, there is no running away from the law, and if...

Read more
INVESTIGATION: Nelson Mandela Freedom Park Osogbo in Ruins, Abandoned, Overtaken by goats
SME

Special Report: Nelson Mandela Freedom Park Osogbo Abandoned by the Oyetola’s government, Overtaken by goats

by Contributor
July 19, 2022
0

The Nelson Mandela Freedom Park in Osogbo, Osun State once held promise for the residents of the state. It was...

Read more
Zenith Bank’s 7th Annual International Trade Seminar on non-oil export comes up on Wednesday, July 20
Trending News

Zenith Bank’s 7th Annual International Trade Seminar on non-oil export comes up on Wednesday, July 20

by Ruth Okwumbu-Imafidon
July 18, 2022
0

All is set for the 7th Annual Edition of the Zenith Bank International Trade Seminar, which will be held on...

Read more
How to Apply for the MTN Y’ellopreneur Loan for Nigerian Female Entrepreneurs
Trending News

How to Apply for the MTN Y’ellopreneur Loan for Nigerian Female Entrepreneurs

by Ruth Okwumbu-Imafidon
July 14, 2022
0

The MTN Foundation is partnering with the Bank of Industry (BOI) to give out business loans plus training and support...

Read more
Some Legal Requirements You Need To Know For Your Small Business from SmartpreneurNG
Hustle life

Some Legal Requirements You Need To Know For Your Small Business

by Ruth Okwumbu-Imafidon
July 14, 2022
0

Typically, people think that all it takes to set up a small business is to get some money for the...

Read more
why is it called black market? Smartpreneur teaser
Weekend Teaser

Why is it called the Black Market?

by Ruth Okwumbu-Imafidon
July 14, 2022
0

I first heard the term “black market” sometime in 2007. I think fuel was retailing at N65 per litre at...

Read more
7 Ways That Having A Website Helps To Increase Sales (with startwebafrica)
Hustle life

7 Ways That Having A Website Helps To Increase Sales

by Ruth Okwumbu-Imafidon
July 12, 2022
0

These days, everyone seems to be selling something. From digital products like courses, e-books and access to webinars, to physical...

Read more
Load More
Next Post
Ongoing promo: Set Up Your E-commerce Website At An Unbelievable Rate

Ongoing promo: Set Up Your E-commerce Website At An Unbelievable Rate

Please login to join discussion

Recent News

HOW TO START A PROFESSIONAL COACHING BUSINESS

HOW TO START A PROFESSIONAL COACHING BUSINESS

August 12, 2022
How To Start Food Business From Home (Special Meals Combo)

How To Start Food Business From Home (Special Meals Combo)

August 12, 2022
First steps to funding

Seeking extra funds for your business: Here are the first steps 

August 10, 2022
The Right Steps To Take After Running An Ad

The Right Steps To Take After Running An Ad

August 9, 2022
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Brand Insights
  • Profiles
  • Game & Quizzes
  • Weekend Teaser

© 2020 SmartPreneur