Women Traders
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...
Kebbi governor empowers 205 women vegetable sellers with N6.15 million
The Kebbi Governor, Alhaji Atiku Bagudu, on Sunday, donated N6.15 million to 205 women vegetables sellers in the state as part of efforts to encourage them to be self-reliant. Newsmen report that each of the 205 women received N30,000 from the donation, in order to boost their vegetable businesses. Gov. Bagudu, who announced the donation at the graduation of the benefitting women in Birnin Kebbi, said that all the women who benefitted from the program had received training in preservation of perishable items. “The comprehensive training of the women traders was conducted by the state chapter of the Kebbi State Vegetables Sellers Association,” he said, lauding the association for the unparalleled gesture that was worthy of emulation by other groups. “The association needs to be commended fo...
