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Anambra election: APGA in marathon race to beat INEC deadline

The deadline given by the Independent National Electoral Commission (INEC) for all registered political parties interested in participating in the November 2021 Anambra State governorship election elapses in less than 24 hours. The development, newsmen has gathered, has heightened last minute scheming and jostling within the ranks of the Jude Okeke-led leadership of the All Progressives Grand Alliance (APGA) and its candidate in the election, Chuma Umeoji. Recall that according to the election timetable released by INEC, political parties are required to submit the personal particulars and names/list of nominated candidates between July 2 and July 9, 2021. With the development, APGA leadership and Umeoji, who is a current member of the House of Representatives has come under intense pressu...

AfDB approves $1.3 million grant for female financial inclusion research in Africa

The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent. In a statement on Monday, AfDB said the grants will be disbursed by Africa digital financial inclusion facility (ADFI), a blended finance vehicle supported by the bank. The grants will be disbursed to two fintech firms, Pula Advisors Kenya and M-KOPA Kenya. AfDB said Pula Advisors will use the $1 million for research of social and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia while M-KOPA will use the $300,000 funding for research involving 500 women and men in Kenya’s Kisumu, Eldoret and Machakos counties. It said findings from the research will inform th...

AfDB approves $1.3 million grants for women’s access to digital finance

The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday, the grants for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI). ADFI is a pan-African initiative designed to accelerate digital financial inclusion throughout Africa. It is a blended finance facility of AfDB with two financial technology firms; Pula Advisors Kenya Ltd. and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Mor...