AfDB, AGF kick-off finance series for women entrepreneurs in Nigeria

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A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

THE African Development Bank Group, AfDB, in collaboration with African Guarantee Fund, AGF, has commenced it’s Affirmative Finance Action for Women in Africa, AFAWA, initiative series in a bid to unlock financing for women entrepreneurs in Nigeria and other African countries.

“What I have seen happening in banks is that the monies are made available but people are not able to access it because the main problem is this collateral. The main problem is the interest rate.

 

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