September 19

African Development Bank Alliance for Financial Inclusion Renew Partnership to Support Financing for Women-Led Businesses

The African Development Bank and the Alliance for Financial Inclusion (AFI) have renewed a project partnership to support policy and regulatory reforms increasing access to financing for Africa’s women-led small and medium-sized enterprises, for a further four years.

The Bank’s Gender Equality Trust Fund will contribute over $4 million in grant funding to the project. The announcement came on 13 September during the 2023 AFI Global Policy Forum in Manila. AFI is a global policy leadership alliance owned and led by central banks and financial regulatory institutions with the common purpose of advancing financial inclusion around the world.

Source: Devdiscourse (link opens in a new window)

Finance, Technology
financial inclusion, gender equality, governance, partnerships, public policy, women entrepreneurs