Audio By Carbonatix
Benin diva Angélique Kidjo has managed to secure hundreds of millions of dollars funding from the G7 world leaders for female entrepreneurs in Africa.
She was at the summit in the French resort in Biarritz along with the leaders of Canada, France, Germany, Italy, Japan, the UK when she secured $251m (£226m).
To put that into perspective, the leaders agreed to spend $22m on fighting the fires in the Amazon - something that French President Emmanuel Macron made a priority of the summit.
She spoke at the summit in her capacity as the ambassador for a women’s finance project at the African Development Bank, called Affirmative Finance Action for Women in Africa.
This fund is all about helping women into business and then helping them grow their businesses.
Africa has the highest percentage of female entrepreneurs in the world, meaning one in four women start or manage their own business, according to the Global Entrepreneurship Monitor (GEM) 2016/17 Women’s Report.
Kidjo said the priority is for small-scale entrepreneurs to get access to credit: “My primary focus is women in the rural areas, the women of the market and the women who are not easy to reach out to... Women of the markets don’t trust banks because they are not welcome in any banks."
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
From this year, persons indicted in A-G’s report will be prosecuted – Mahama
1 minute -
OMCs begin fuel price cuts as Star Oil and Goil sell petrol at GH¢13.25
11 minutes -
Two dead, 4 arrested as police bust robbery gang in Upper East
16 minutes -
We’re finalising new Labour Law to protect every worker in the gig economy and beyond – Mahama
38 minutes -
Mali at the Crossroads: Sovereignty without Stability?
46 minutes -
Watch how the Bank of Ghana recorded a GH¢15.6 billion loss in 2025, its 2nd largest loss since 2008
53 minutes -
Mahama announces Independent Emoluments Commission to overhaul public sector pay and pension review
59 minutes -
Economic stability only foundational, the real task is to build a better life for our people – Prez Mahama
1 hour -
May Day: We’re almost at crisis level on jobs – Organised Labour tells gov’t
1 hour -
FH Depot’s Freda Donkor honoured as top FMCG distribution CEO at Ghana Titans Awards
1 hour -
Decent jobs for youth remain priority under Reset Ghana Agenda – Mahama
1 hour -
Prof Humphrey Danso urges focus on applied research to tackle national challenges
1 hour -
We’re turning stability into opportunity – Mahama on Ghana’s economic reset
1 hour -
Dr Patrick Essien promotes TVET as key to jobs and industrial growth at Mampong career programme
2 hours -
Akosombo Hydroelectric Dam fully operational, engineers have restored all six turbines – Mahama
2 hours