Daily Maverick 168 weekly newspaper.
The National Income Dynamics Study Coronavirus Rapid Mobile Survey revealed that of the three million South Africans who lost their jobs between February and April 2020, two million were women. Pat Magadla, senior business development manager at Old Mutual Investment Group, says this is particularly a risk for single-income families in South Africa, who are most likely headed by a single mom. “Not only are women at a serious economic disadvantage to start with; single mothers in particular also shoulder enormous responsibility for the wellbeing and financial security of their families – with little or no help,” says Magadla.
Katagum, Pitan Harp on Women Empowerment thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
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Olukayode Pitan, the BoI managing director, announced the partnership at the bank’s webinar themed: ‘Recognising Women’s Leadership In Enhancing Nigeria’s COVID-19 Recovery’ to celebrate International Women’s Day.
Pitan said the AFAWA fund was expected to unlock $3 billion in private sector financing to empower female entrepreneurs through capacity building development.
He added that the fund would grant women access to finance as well as spearhead legal policy and regulatory reforms to support enterprises led by women.
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BoI also said it has a partnership with Islamic Development Bank (IDB) to implement the business resilience assistance for value-adding enterprise (BRAVE) women Nigeria project.
African investors find opportunity in women s startups csmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csmonitor.com Daily Mail and Mail on Sunday newspapers.