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Home Trending News

The Coca-Cola Foundation partners Leading Ladies Africa to empower 1000 female entrepreneurs

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
November 15, 2022
in Business, SME, Trending News
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The Coca-Cola Foundation partners Leading Ladies Africa to empower 1000 female entrepreneurs
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In a move to empower female entrepreneurs in Nigeria, the Coca-Cola Foundation has awarded a grant to Leading Ladies Africa, a women-focused non-profit to train, fund and upskill 1000 women, through its Enterprise and Leadership Program (ELP).

The Enterprise and Leadership Program (ELP) is a practical, hands-on program that enables women entrepreneurs in Nigeria to set up viable small business enterprises that are designed to convert opportunities within their communities. The program seeks to solve the problem of economic insecurity and injustice towards women in Nigeria — encouraging sustainable work and economic growth for them by helping Nigerian female entrepreneurs build & maintain sustainable businesses.

The objectives are connected to Sustainable Development Goals number 5 and 8, and will equip Nigerian female entrepreneurs with the skills they need to be economically empowered, and ensure that they have a better head start in the world of entrepreneurship.

Speaking on the partnership with The Coca-Cola Foundation, the Founder of Leading Ladies Africa Francesca Uriri, said:

“The Enterprise and Leadership Program commenced in 2019, and since then we’ve impacted over 500 female entrepreneurs. We are pleased to receive support from the Coca-Cola Foundation, as it enables us to reach and directly impact 1000 women while strengthening the work we’re doing in championing inclusion, diversity, and gender equality for African women and girls.”

Commenting further she said: “In addition to hands-on, practical training, female entrepreneurs who enroll for this program will be connected to business mentors, and also have the opportunity to secure seed funding to grow and expand their businesses.

We’re kicking off the first cohort in Benin City, Edo State, and will follow subsequently with the second cohort in Warri, Delta State.”

Saadia Madsbjerg, President of The Coca-Cola Foundation, states that the goal is to help African women achieve equality and empowerment.

“We are hopeful that this modest donation will have the right impact on these women in a manner that truly changes the narrative for Nigerian women in general”.

Leading Ladies Africa’s mission is to build a diverse and inclusive community of African female leaders, who are equipped to provide sustainable solutions to Africa’s most pressing socio-economic, and cultural challenges.

Tags: Empowerment initiativeFemale entrepreneurs in NigeriaLeading Ladies AfricaThe Cocacola Foundation
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