Visa has today announced the launch of a grant towards the African Women Impact Fund (AWIF), formed from a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). Visa’s grant to the AWIF is an extension of the She’s Next program, a global advocacy program for women-owned businesses that has been expanded to Sub-Saharan Africa to further champion and strengthen African women business owners as they build, sustain, and advance their businesses. Addressing challenges faced by women in the financial sectorWomen fund managers in Africa continue to face numerous challenges in building sustainable businesses. Research shows slow-moving progress in the visibility and inclusion of women fund managers due to systematic barriers and investor bias. “The aim of She’s Next is to help women-owned businesses thrive and our ambition with this grant is to enable access in a space where women-owned firms are under-represented.

Source: The North Africa Journal August 10, 2022 09:14 UTC