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
-
Unemployed graduates with disabilities set 30-day ultimatum for employment plan or face protests
2 minutes -
South Africa to withdraw its troops from UN peacekeeping mission in Congo
9 minutes -
Two arrested at Osu cemetery over illegal grave digging
2 hours -
Ticket Ghana explores new aviation connectivity options as demand for travel to Ghana grows
2 hours -
Applications open for 2026 Igniting dreams fellowship in Northern Ghana
3 hours -
AI Contracts: Fast, professional, but legally risky
3 hours -
Over 1,000 youth equipped as National Apprenticeship Programme starts in Ashanti region
4 hours -
See the areas that will be affected by ECG’s planned maintenance between February 8-13
4 hours -
Police arrest 53-year-old man for threat of death, unlawful possession of firearm
4 hours -
OSP probes NPP Presidential, NDC Ayawaso East parliamentary primaries over vote buying allegations
4 hours -
Gov’t launches nationwide training programme for coconut farmers
4 hours -
Borussia Dortmund launch first African academy in Ghana
5 hours -
Hamamat and Wiyaala land tourism ambassadorial roles
9 hours -
A singer’s tragic death highlights Nigeria’s snakebite problem
9 hours -
King Charles to host Nigeria’s first UK state visit in 37 years
10 hours
