One of the largest communities of innovation enablers, AfriLabs, has announced that through its RevUp women programme it would be supporting 50,000 African women through financing, mentorship, business training, and a grant of up to $100 million.
“Our business strategy is supporting the women businesses and what we want to do is that for the initial pilot, we want to train up to 500 women and fund up to 10 businesses with $10,000 grant but the long term three years goal is across Africa, to be able to train through our hub network up to 50,000 women who will eventually create over 100,000 jobs and funding women businesses with up to $10 million and unlock additional funding from private capital of up to $100 million into the women.
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