Dr Amaleya Goneos-Malka’s Post

When women win, Africa wins! - https://lnkd.in/g3AaKVey - By Marie-Laure Akin-Olugbade Africa's women entrepreneurs face a significant challenge: a staggering US$42 billion financing gap, despite their substantial contributions to our economies. In Nigeria, about 41 percent of businesses are led by women, and nearly 23 million women run micro-businesses. However, they receive only 10 percent of commercial loans, a

When women win, Africa wins! - https://lnkd.in/g9uB-MkJ - By Marie-Laure Akin-Olugbade Africa's women entrepreneurs face a significant challenge: a staggering US$42 billion financing gap, despite their substantial contributions to our economies. In Nigeria, about 41 percent of businesses are led by women, and nearly 23 million women run micro-businesses. However, they receive only 10 percent of commercial loans, a

💡 Strengthening women's financial inclusion in Nigeria is essential for inclusive economic growth 🌟💰 The CBN is implementing initiatives to provide more opportunities for women entrepreneurs. #FinancialInclusion #WomenEntrepreneurs #EconomicDevelopment 💪🇳🇬

I am happy to share the link to my contribution to the volume, "Women and Finance in Africa". In chapter 8, I explored the premises for financial inclusion that preclude access by women in Nigeria. These findings present actionable points for policy stakeholders at all levels. See the link below https://lnkd.in/d22SVMSS.

Today, on International Micro, Small, and Medium Enterprises (MSME) Day, we celebrate an initiative that uplifts women small and medium entrepreneurs in the agri-sector. Meet Aceli Africa, a program in East Africa that supports financial institutions in financing agri-SMEs. 🌾   Aceli works on increasing funding opportunities for these agri-SMEs and assists banks in creating gender-inclusive practices and strategies (in partnership with Value For Women Ltd.). 💼   The impact? Over half of the loans supported by Aceli meet the 2X Criteria for gender inclusion. Moreover, they have assisted 37 financial institutions, leading to expanded market access and employment for over 900,000 farmers and workers, 40% of whom are women!   Investing locally in women entrepreneurs is not just the right thing to do - it’s a strategic move towards sustainable development and economic empowerment. Aceli is driving positive change in East African communities. 🌍   #GenderEquality #LocalInvestment #EmpowerWomen #Entrepreneurship #ImpactInvesting

Here comes the second book, "Women and Finance in Africa: Inclusion and Transformation". A Huge thanks once again to the SDG 5 Springer series and all the authors who have contributed to the success of this book. #womenandfinanceinafrica #womenempowerment #SDGs #femaleentrepreneurship #microfinance #digitalfinancialinclusion #ruralurbandichotomy Please grab your copy. Women and Finance in Africa: https://lnkd.in/dNda9_qq

Women are the backbone of Africa’s economy most especially in the mining sector. Their resilience, innovation, and hard work drive growth and development across the continent. From leading mining businesses to sustaining households and communities, women play an indispensable role in shaping Africa's future. Empowering and investing in women in mining is not just an ethical imperative but a catalyst for sustainable economic progress. Let's continue to support and amplify the contributions of women in the mining sector to build a stronger, more inclusive Africa. #genderequality #voicesofchildrenfromthepits #responsiblemineralsourcing #idwim #wimafrica #inclusion #inclusionmatters #womenminers #ngos #ngoafrica #responsiblemining #womeninminingafrica #womeninmining #womeninengineering #women #wim #womeninminingafrica #WomenEmpowerment #AfricaRising #EconomicDevelopment Ndilisa Didiza Fatoumata DIARRA Comfort Asokoro-Ogaji (Ph.D) Stacy Hope, Ph.D Eng.Lightness Ladislaus Salema

Did you know that globally, only 48% of women invest in financial assets compared to 66% of men? In Uganda, where over 80% of women work in the informal sector, the numbers are even lower when it comes to formal saving and investment. Why is this the case? Misconceptions about women’s lack of knowledge, fear of risk, time constraints, and confidence often hold us back. Yet, women are natural planners and risk managers. If we can nurture families, balance tight budgets, and make ends meet, why aren’t we given the tools and encouragement to invest in our futures? Cultural norms often discourage women from prioritising financial growth, while systemic gaps in financial literacy and access to resources create additional challenges. But these hurdles can be overcome with the right support and mindset. Recently, I decided to take a small but meaningful step here in Uganda I opened a unit trust account. I wrestled with thoughts like “It’s too difficult,” “I don’t have the time,” but I was surprised by how simple the process was. You can start with as little as 20,000 UGX (about $6 USD) which is less than the cost of a meal out. This realisation made me reflect on how often we’re led to believe that investing is “too complicated” or “only for the wealthy.” These misconceptions create unnecessary barriers, especially for women who are already juggling multiple roles and responsibilities. Studies show that women who invest are far more likely to achieve lasting financial security, yet so many of us hesitate.... But imagine if more women understood how accessible investing could be. Imagine if we were encouraged to see financial planning as not just a luxury but a necessity. After all, investing is not just about growing wealth it’s about creating options, independence, and stability for ourselves and our families.

This is great. 👏 The African Development Bank's $100 million investment in #Nigeria's Youth Entrepreneurship Investment Bank (YEIB) is a game-changer for youth and women-led SMEs. This initiative aims to create over 1.8 million jobs and foster a more inclusive and sustainable economy. Empowering youth and women entrepreneurs is key to addressing #Africa's unemployment crisis, and the #genderfinancing gap, respectively. Read on: https://lnkd.in/gfHuiYjp

The Deutsche Sparkassenstiftung für internationale Kooperation e.V. is making significant strides in promoting financial inclusion and sustainable development across the globe. In East Africa, our great partners are pioneering innovative approaches to fortify rural infrastructure and enhance the economic participation of women. Through vocational training and mentoring programs, digitally assisted financial education tailored for women in rural areas, and access to sustainable financial products, we are driving positive change together. Additionally, by collaborating with microfinance associations, educational measures on climate change adaptation are integrated into the initiatives. Together, these efforts not only empower women and rural communities but also foster a resilient and sustainable future. 🌍💡 Find out more here: https://lnkd.in/eba2k249 #FinancialInclusion #SustainableDevelopment #WomenEmpowerment #EastAfrica #DSIK #Innovation #ClimateChangeAdaptation #RuralDevelopment #BetterTogether #PartnersInTransformation