Tag: financing gap
In African cultures, women play a nurturing role, they are the backbone of the continent. Yet, they face a $42 billion-dollar financing gap with over 3/4 of them being financially excluded. The AFAWA initiative is a direct response to the challenges faced by women in Africa, and the need to unlock access to finance.
The Affirmative Finance Action for Women in Africa (AFAWA) has set its target on bridging the $42 billion finance gap women face on the continent, CNBC Africa's Arnold Kwizera spoke to Director of Gender, Women and Civil Society at the African Development Bank, Vanessa Moungar for more.