Thursday
December 21
2023

WIC Capital Gets $1 Million to Provide Funding for Female-Led SMEs in Francophone Africa

By Johnstone Kpilaakaa

WIC Capital has secured a £1 million loan from FSDAi Nyala Facility. This funding will enable the collective to invest in more businesses led by women in Francophone Africa.

In Senegal, a Francophone country situated in West Africa, women make up around 31% of entrepreneurs.

Photo ocurtesy of PICHA.

Source: Benjamin Dada (link opens in a new window)

Categories
Investing
Tags
gender equality, gender lens, impact investing, MSMEs, women entrepreneurs