Adb Injects 5 Billion Into African Womens Businesses

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adb injects 5 billion into african womens businesses

The African Development Bank ADB has announced funding of 5 billion more than R17 trillion to help women in small businesses on the continent.

ADBs Southern Africa Director General Leila Mokaddem says the women will also get training support.

Mokadden says, The affirmative finance for women in Africa objective is to leverage 5 billion by 2026 to support financing women-led enterprises and we say finance supporting is not all about credits. It is also about supporting technical assistance and building their case to grow and to have a sound business plan.

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