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Program to promote business links: the African Development Bank grants a grant of $950,000 to SMEs led by women

09/06/2023
Source : ORISHAS FINANCE
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As part of the implementation of the Programme to Promote Business Links for Small and Medium-Sized Enterprises (SMEs) in the Sahel, the African Development Bank's Gender Equality Trust Fund ( BAD ) granted a donation of 950 000

dollars (over 500 million CFA francs).

Le financement accordé par le fonds fiduciaire pour l' égalité des sexes de la Bad permettra de soutenir 1 400 companies direct Bookman Old Style”, "serif">é es by women from Burkina Faso, Chad, Mali, Mauritania, and Niger, and contribute to economic resilience and social cohesion in the region. In a press release BAD published on Friday, June 03, 2023, the Director of Gender, Women and Civil Society at the BAD , Malado Kaba believes that “the wide range of business-related training and support services offered by the program, in addition to improving access to finance, will greatly contribute to achieving this objective.” To do this, the Bank's Gender, Women and Civil Society Department conducted three studies and consulted chambers of commerce in the Sahel region to identify women-led businesses that could participate in the program

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