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AWIEF And African Development Bank'S Affirmative Finance Action For Women In Africa (AFAWA) Join Forces To Increase Access To Finance For Women SmesJul 17, 2022 (MENAFN via COMTEX) — (MENAFN – African Press Organization) The Africa Women Innovation and Entrepreneurship Forum (AWIEF) ( ) and the Affirmative Finance Action for Women in Africa (AFAWA) initiative of the African Development Bank Group (AfDB) have joined forces to drive increased access to finance and markets for women-owned and women-led small and medium enterprises (WSMEs) across Southern, East and West Africa. The new AfDB funded AWIEF programme" Solutions Catalysing Increased Access to Capital for the Success of Women Entrepreneurs " aims to accelerate efforts to address gender inequality and drive inclusive economic transformation. More than 500 growth-oriented WSMEs will be supported for scale, access to markets and investment readiness across 8 African countries: Nigeria, Kenya, South Africa, Zambia, Rwanda, Malawi, Tanzania, and Zimbabwe. The two-year programme will create a profitable pipeline of investable businesses ready to access finance. Programme Components The programme is organized under 4 components: AWIEF Growth Accelerator (in partnership with Nedbank) – to enhance investment readiness and increase access to finance. eCommerce Capacity Development (in partnership with UNIDO) – for building knowledge, capacity and skills in digital channels to increase participation and success in online business. Digital Skills (in partnership with Amazon Web Services) – to strengthen WSMEs capacity to embrace technology innovation. Mentorship and Advisory – enhancing the visibility and access to role models for WSMEs through a mentorship platform. Call for Applications for 2022 Cohort Applications are invited from WSMEs for participation in any one of these programme components: 1) AWIEF Growth Accelerator; 2) eCommerce Capacity Development; 3) Digital Skills. Selection Criteria WSMEs registered and operating in: Nigeria, Kenya, South Africa, Zambia, Rwanda, Malawi, Tanzania, and Zimbabwe. Priority sectors include: Technology, Agriculture & Agribusiness, Creative Industry, eCommerce, Renewable Energy, Manufacturing, Retail, Construction, Logistics. To submit your application, please follow this link: The deadline for submission is Monday, 18 July 2022 at 11:59pm Central Africa Time (CAT). Applications will only be accepted through the link above. Programme Timeline for 2022 Cohort Applications open: 20 June 2022 Applications close: 18 July 2022 Recruitment of participants: July – August 2022 Training: September – December 2022 Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF). Contact us at +27 (0)21 826 8878 or for any enquiries. Media files MENAFN20062022002747001784ID1104400826 COMTEX_410372100/2604/2022-07-17T02:40:01 Please read the End User Agreement. News provided by COMTEX. |
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