Do you have a project focused on supporting women-led businesses in Africa? Apply for funding through the Women Entrepreneurship Enabler’s program  before 11 November 2022

The African Development Bank Group‘s (AFDB) Affirmative Finance Action for Women in Africa (AFAWA) initiative has launched its second call for proposals for the Women Entrepreneurship Enablers program. The program supports projects that enhance the viability and sustainability of formal women-led small and medium-sized enterprises (SMEs) and enables them to access financing opportunities to grow their businesses.

Through the initiative, AFDB is offering grants of up to $250,000 to organizations helping prepare African women-led businesses to drive the continent’s economies. The program targets women’s business associations, incubators, accelerators, women-led cooperatives, and civil society organizations that promote the development of women entrepreneurs on the continent.

Interested applicants should submit proposals demonstrating innovative approaches to building a supportive ecosystem for women’s entrepreneurship aimed at improving access to finance for women SMEs. Applicants are expected to develop a comprehensive and sustainable capacity-building program to enable access to finance in partnership with financial institutions.

To be eligible for funding, applicants must fulfill the following criteria:

  • Have projects implemented in more than two countries
  • Project duration should not exceed two years
  • Be based in Africa or provide evidence of partners with African entities
  • Be legally registered and operating for more than three years with strong financial and procurement procedures
  • Partnerships with public or private sector players are highly encouraged
  • Have experience in managing external funding and executing donor-funded projects

To apply, visit: AFAWA Applications