Islamic Finance

Financing gap for women in agriculture in Africa hits $15.6 billion - AfDB


Published 03 Aug,2021 via The Nation - The African Development Bank (AfDB) said the financing gap for women in Africa stands at $15.6billion. It warned of the impact of gender inequality on food system in the continent.

Its Vice President for Agriculture, Human and Social Development, Beth Dunford, dropped the hint during the pre-summit to the United Nations (UN) food systems summit.

“In sub-Saharan Africa, the financing gap for African women in agricultural value chains is estimated at $15.6 billion,” she said. The bank, however, said it will provide $150 million to support women in the agriculture sector before the close of the year in demonstration of its commitment to closing the gap.

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tags:

Women
Agriculture finance
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Lucas Ajanaku