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AfDB commits $750,000 to support Nigerian women entrepreneurs

The African Development Bank has committed $750,000 in grants to support women-led businesses across Nigeria under a three-year programme. Read More: https://punchng.com/afdb-commits-750000-to-support-nigerian-women-entrepreneurs/

AfDB commits $750,000 to support Nigerian women entrepreneurs

The African Development Bank Group has allocated $750,000 in grants to support women-led businesses in Nigeria through a three-year program. This funding, to be shared equally among three Nigerian institutions, aims to bolster access to finance, entrepreneurship, and job creation. The Lagos State Employment Trust Fund (LSETF), Pan African Women Empowerment Network (PAWEN), and ImpactHER Foundation each receive $250,000 to provide tailored interventions for female entrepreneurs.

The AfDB disclosed this partnership with LSETF in a statement, highlighting the initiative's role in enhancing women's participation in economic activities and generating employment.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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