On the sidelines of the G20 summit in Hamburg, the World Bank announced the creation of a new fund of more than $ 1 billion to promote female entrepreneurship.

Called on the project by the United States and Germany, which are the initiators, the Bretton Woods institution will bring its extensive experience to building the fund called the “Women Entrepreneurs Finance Initiative (We-Fi)”.

Specifically in developing countries, this initiative will help accelerate women’s access to the finance, markets and networks needed to start and grow a business. This facility will build in part on donor grants, assessed currently at over $ 325 million, to which will be added more than $ 1 billion raised from international financial institutions, financial intermediaries, various funds and other market players.

According to US President Donald Trump, who is proud to see his country supporting this initiative, “this exceptional facility will have a significant impact on the economic development of women around the world. This will help increase opportunities and economic growth while addressing the major obstacles facing women entrepreneurs. “

It is estimated that nearly 70% of women-owned SMEs in developing countries still do not have access to adequate financial services from financial institutions.

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CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

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