Khusoko – East African Markets
    Facebook Twitter Instagram
    Khusoko – East African MarketsKhusoko – East African Markets
    • NEWS
    • ECONOMY
      • BANKING & FINANCE
      • COMPANY
      • MARKETS
    • INDUSTRY
      • AGRICULTURE & ENVIRONMENT
      • HEALTH & WELLNESS
      • PROPERTY
        • RETAIL
      • TECHNOLOGY
        • ELECTRONICS
    • ENTREPRENEURSHIP
      • ENTREPRENEURS
      • PEOPLE
      • PERSONAL FINANCE
    • SPORTS
    • COMMENTARY
    • ARTS & CULTURE
      • BOOKS
      • ENTERTAINMENT
      • FAMILY & RELATIONSHIPS
      • FASHION & STYLE
      • FOOD & DRINK
      • TRAVEL & LEISURE
    Khusoko – East African Markets
    BANKING & FINANCE

    Credit Bank Commits to Support Women Businesses in Africa

    David IndejeBy David Indeje2019-11-30No Comments2 Mins Read
    Credit Bank Commits to Support Women Businesses in Africa
    From left Credit Bank CEO Betty Korir amongst other delegates during the 4th Global Gender summit in Kigali Rwanda. I Courtesy

    Credit Bank PLC, a financial and commercial bank in Kenya, has committed to supporting women business in Africa.

    This will be achieved by leveraging 3 billion dollars (Ksh300 billion) from Affirmative Finance Action for Women in Africa (AFAWA) an initiative by the African Development Bank (AFDB) and other multilateral development banks partners. The deal was signed during the 4th Global Gender Summit in Kigali Rwanda.

    “Credit Bank PLC aims to give focus to women-led businesses in a bid to enhance gender inclusivity by enabling the growth and development of Women and improving their access to capital for growth and expansion,” said Mrs. Betty Korir chief executive, Credit Bank.

    “As Credit Bank we seek to be at the forefront in enabling the growth of women-led enterprises. We anticipate to facilitate this by directing additional financing and leadership programs to women entrepreneurs,” added Korir.

    Credit Bank’s support to women-led businesses includes ease of access to capital, networking and mentorship forums, and providing financial solutions tailored to women’s needs. 

    This is achieved through its Entrepreneur’s Hub, eHub, that provides access to networks that link women entrepreneurs to one another.

    AFDB, through its AFAWA, initiative aims to mobilise $3 billion to bridge the financing gap for women on the continent. In October, at the sidelines of the United Nations General Assembly, the institution announced a new accountability index tool to track the level of lending to women in Africa.

    The Women’s Financing Index will be important for ensuring women get critical financial help they need.

    AFAWA AFDB Betty Korir Credit Bank PLC Entrepreneur’s Hub Women’s Financing Index
    David Indeje
    David Indeje
    • Website
    • Facebook
    • Twitter
    • Instagram
    • LinkedIn

    In my role as Community Engagement Editor For Khusoko, I care about our audience. engaging them, getting news delivered to them across a variety of platforms, and expanding the diversity of voices on our website.

    Related Posts

    Kenya Halts Adoption of a Central Bank Digital Currency

    2023-06-04

    How to Choose the Right Forex Trading App for Your Needs

    2023-06-02

    Madaraka Day: Kenya Launches The Hustler Group Loan

    2023-06-01

    Leave A Reply Cancel Reply

    Our Language is Flirty
    https://www.facebook.com/flirtynailsparlour/
    MORE TOP STORIES
    • How to Encourage Youth Participation in Agriculture for Climate Action
    • Why Researchers Root for International Collaboration For Africa’s Development
    • Discover: Trace Awards & Festival to Light Up Kigali in October
    • WED 2023: Kenya’s Step Towards Eliminating Plastic Pollution
    • Somalia Application to Join East Africa Community Bloc Accepted
    • Facebook
    • Twitter
    • LinkedIn
    Facebook Twitter LinkedIn
    • ABOUT US – KHUSOKO
    • PRIVACY POLICY
    • KHUSOKO STANDARDS GUIDE
    © 2023 Khusoko. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.