Tag: affirmative finance action for women in africa

Global Gender Summit: Phillipe Lacoste: There is more political will to lend more to women

French President, Emmanuel Macron and G7 leaders approved a $251 million package in support of African Development Bank's (AfDB) Affirmative Finance Action for Women in Africa (AFAWA) initiative earlier in August. CNBC Africa's Kenneth Igbomor spoke to Phillipe Lacoste, Director for Sustainable Development at the French Ministry of Europe and Foreign Affairs to discuss the importance of this initiative for Africa.

Global Gender Summit: Rwanda commits $1mn contribution to AFAWA

The government of Rwanda through its minister of finance yesterday committed herself to contribution of $1 million to the Affirmative Finance Action for Women in Africa (AFAWA) Risk-Sharing Facility on the sidelines of the ongoing Global Gender Summit. CNBC africa's Arnold Kwizera spoke to Minister of Finance and Economic Planning, Uzziel Ndagijiminana for more.

G7 commits $251mn package to women entrepreneurs: Are gender inequality gaps narrowing?

This week out out of Biarritz, France, news of a G7 approved $251 million in support African women entrepreneurs has arrived. The package has been committed to African Development Bank’s (AfDB) Affirmative Finance Action for Women in Africa initiative and is reported to be a direct response to the demand by women to ease access to financing that was assigned to the AfDB back in 2015. To give her reaction to the news, Gloria Kamanzi, Chairperson of the African Women Entrepreneurship Programme (AWEP) joins CNBC Africa for more.