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Nigeria: AfDB, AGF Kick-Off Finance Series for Women Entrepreneurs in Nigeria

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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.

Speaking during the 5th series of the event in Lagos, the Minister of Finance, Mr. Wale Edun, who was represented by the Acting Permanent Secretary/Director Economic research and Policy Management Department, Federal Ministry of Finance, Mrs. Grace Ogbonna, highlighted collateral and interest rates as problems limiting women-owned or led businesses access to credits.

"So if we have to go extra miles and achieve the objective of this project, we have to look at the banks .

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