U.S.$62 Million Boost for Women-Led Businesses in Africa
The African Development Bank has been granted $61.8 million by the Women Entrepreneurs Finance Initiative for its program "Affirmative Finance Action for Women in Africa". Countries targeted include Burundi, Chad, Comoros, Côte d'Ivoire, the Democratic Republic of Congo, Ethiopia, Mali, Mauritania, Mozambique, Niger, Senegal, Sierra Leone, Tanzania, Uganda, Zambia and Zimbabwe.
70,000 women-led businesses will benefit from a new round of funding for the Women Entrepreneurs Finance Initiative - expected to mobilize nearly U.S.$1 billion globally.
African Development Bank, 13 May 2019
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank's Affirmative… Read more »
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