The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

What does AFAWA do?

 

AFAWA adopts a holistic approach through three pillars.

  • AFAWA finance leverages the African Development Bank’s financial instruments and has two innovative solutions to drastically transform the banking and financial landscape in Africa and to create incentives for lending to women in business:
    • A $300 million risk-sharing instrument to unlock $3 billion in credit for women businesses and enterprises in Africa. This mechanism will build upon the existing network of commercial banks and microfinance institutions to create structural change and lasting impact for women.
    • A rating system to evaluate financial institutions based on the share and quality of their lending to women, and their socio-economic impact. Top institutions will be rewarded with preferential financing terms from the African Development Bank.
  • AFAWA technical assistance provides advisory services to financial institutions to ensure successful implementation of their product portfolios for women, and strengthens the capacity of women entrepreneurs through training to enhance business productivity and growth.
  • AFAWA enabling environment engages with African governments and other key stakeholders to support legal, policy and regulatory reforms and strike down the structural barriers impeding women in business.

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