Tuesday
March 28
2023

African Development Bank Decries Inadequate Funding for Female Entrepreneurs With $42 Billion Financing Gap in Africa

By Blessing Akorowosi

Across Africa, female entrepreneurs have been faced with an average of $42 billion financing gap which has hindered the growth of their businesses, says African Development Bank Group (AfDB).

This is as the African bank called for improved funding to boost women businesses and bridge the financing gap.

Photo courtesy of Albert Gonzalez Farran / Unamid.

Source: Investors King (link opens in a new window)

Categories
Investing
Tags
gender lens, impact investing, women entrepreneurs