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Women, Green SMEs to Reap Big From Absa’s KSE 1.25 Billion Loan Facility in Kenya
Absa Bank Kenya Plc Monday signed an Sh1.25 billion Loan Portfolio Guarantee Facility with the African Guarantee Fund (AGF) to boost credit accessibility for local small businesses, including startups.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Power of Women in Cocoa: Supporting Female Farmers Could Boost Liberia’s Access to Lucrative Premium Markets
Women farmers are essential to the production and trade of cocoa in West Africa, and often comprise a majority of the farming workforce. But as Sabine Garbarino, Amelia Duggan and Kim Beevers at GROW Liberia explain, women's importance to the sector is not always recognized, despite the key role they play in maximizing the quality of cocoa beans. They explore how the work of female farmers drives the cocoa industry in Liberia – and why efforts to support these farmers can open the door to more lucrative market segments and greater social impact.
- Categories
- Agriculture
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CDC Group Is Partnering with FirstBank to Support Women and Small Business Owners with a $100 Million Credit Facility
We announced today a US$100 million finance facility to First Bank of Nigeria Limited (FirstBank). This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Improving Financial Solutions for Women Micro-Entrepreneurs: A Report Highlights Key Focus Areas for Microfinance Providers
The disproportionate impact of the COVID-19 pandemic on women is well-established – and for women micro-entrepreneurs, these impacts are compounded by existing business, financial and household challenges. Brit Heiring at Kiva and Liz Larson at UNESCAP explore how microfinance institutions and other providers can design financial solutions that meet these entrepreneurs’ unique needs. They share data from a report that focuses on the realities facing women micro-entrepreneurs, and explore how financial service providers can effectively support them.
- Categories
- Finance
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Changing the Gatekeepers: Why Female Fund Managers Are the Key to Unlocking More Inclusive Capital
Greater access to capital could boost the financial empowerment of women entrepreneurs. Yet as Melanie de Nysschen at SAVCA and Yeabsira Zewdie at MiDA Advisors point out, women comprise just 11% of senior investment professionals in emerging markets – the people who serve as gatekeepers to capital. Since women investors are significantly more likely to support female entrepreneurs, they explore the impact of increasing women's presence among investment professionals, and share insights from interviews with female fund managers in South Africa, Namibia and Botswana that highlight their biggest challenges.
- Categories
- Investing
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Debunking Myths on the Impact and Income of Women Sales Forces: New Data Reveals Ways to Maximize Their Potential
The use of female sales agents to sell health-related products is sometimes seen as a panacea that can boost both healthcare access and women’s income empowerment. But little research has been done to prove or disprove these beliefs. Lucie Klarsfeld McGrath and Louise Berthault at Hystra discuss a new report analyzing data from 21 organizations that rely principally on women direct sales forces to sell health-related products. Their analysis sheds light on the role and impact that women sales forces can have, and suggests ways to maximize their impact.
- Categories
- Health Care
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IFC and We-Fi Help Tackle Gender Financing Gap Through IFC ScaleX
To help tackle the financing gap that women entrepreneurs still face, particularly in emerging markets, IFC and the Women Entrepreneurs Finance Initiative (We-Fi) launched today a new call for applications for IFC ScaleX.
- Region
- Global
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Financing to Boost Renewables, Energy Access and Efficiency in Côte D’Ivoire
EDFI ElectriFI has backed microfinance institution Fin’ELLE with a €1.5 million ($1.69 million) investment to boost renewable energy, energy access and energy efficiency in Côte d’Ivoire.
- Categories
- Energy
- Region
- Sub-Saharan Africa