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AFAWA could be a real game changer for trade in Africa [Business]

The Affirmative Finance Action for Women in Africa (AFAWA) is an initiative poised to change trade in Africa, specifically for the 70% of women entrepreneurs in the informal sector, according to the African Development Bank (AfDB).

On Sunday August 25, the AfDB announced $300 million funding for AFAWA on the sidelines of the G7 Summit in Biarritz. G7 countries approved a loan contribution of $251 million towards the initiative with France alone contributing $135 million.

AFAWA is a risk sharin…

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