AfDB and the African Guarantee Fund joined forces for women's financial inclusion in Nigeria
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The African Guarantee Fund in collaboration with the African Development Bank Group has approved $1.2bn loan to empower women-led enterprises across Africa.
African Development Bank (AfDB) and the African Guarantee Fund (AGF) have pledged to mobilise $5 billion in financing for African women businesses by 2026. The Chief Executive Officer of AGF, Jules Ngankam, disclosed this during the 5th Edition of Affirmative Finance Action for Women in Africa (AFAWA) Finance Series in Lagos. He explained that AFAWA…
African Development Bank, African Guarantee Fund kick off Affirmative Finance Action for Women in Africa (AFAWA) Finance Series Nigeria to unlock financing for women-led start-ups