The Empower Africa Business Platform is Now Live !!!
She Wins Africa represents IFC’s ongoing commitment to promoting gender equality and empowering women entrepreneurs in emerging markets.
The 100 participants were chosen from a highly competitive pool of nearly 3,000 applicants.
These women entrepreneurs represent diverse sectors, encompassing fields like agriculture technology, climate technology, e-commerce, education technology, healthcare technology, and financial technology.
Beyond supporting the chosen 100 participants, She Wins Africa will launch additional initiatives:
– Bootcamp for pre-seed startups: This program will help 200 pre-seed women-led startups reach the acceleration phase.
– Expanding access to acceleration: This initiative aims to connect an additional 200 women-led startups with acceleration support in underserved regions.
– Building a coalition of investors: This program seeks to create collaboration among funds, venture capital firms, and gender-lens investors to improve access to finance for women-owned businesses across Africa.
“IFC’s She Wins Africa empowers women entrepreneurs through coaching, training, and financing, accelerating their growth and investment readiness throughout sub-Saharan Africa,” said Nathalie Akon Gabala, IFC’s Director of Gender and Economic Inclusion.
The Nigerian government, in collaboration with the Bill & Melinda Gates Foundation, has inaugurated the Nigeria Artificial Intelligence (AI) Scaling Hub.
Egyptian logistics startup Bosta is gearing up for further expansion after securing a fresh investment from Axian Group, a pan-African group and investment firm.
Swiss development finance institution, SIFEM, has committed $15 million to the first close of Ninety One’s Africa Credit Opportunities Fund 3, which targets a total fundraising of $500 million.