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

  • 📰 allafrica
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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 .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: AfDB, AGF Target $5bn Finance for Women Led SMEs in AfricaAfrican Development Bank (AfDB) and the African Guarantee Fund (AGF) have pledged to mobilise $5 billion in financing for African women businesses by 2026.
Source: allafrica - 🏆 1. / 99 Read more »

African Development Bank, African Guarantee Fund Kick Off Afawa Finance Series Nigeria to Unlock Financing for Women-Led Start-UpsPress Release - Consul-General of the Kingdom of Netherlands, HE Michel Deelen; Special Assistant to Nigeria's Minister for Women Affairs Dr Fatimah Abdullahi; African Guarantee Fund Group CEO Jules Ngankam; Director in the Nigeria Ministry of Finance, Grace Ogbonna; AfDB Vice President Dr.
Source: allafrica - 🏆 1. / 99 Read more »