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.
Photo courtesy of Institute for Money, Technology and Financial Inclusion.
Source: Devdiscourse (link opens in a new window)
- Categories
- Finance, Technology