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African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank Group, MTN sign $500,000 grant agreement to study women’s access to financial services

The research, which includes a feasibility study, women-focused design and testing, will focus on both agents and customers to provide insights into women’s use of mobile money services

The African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria. The research, which includes a…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

How fashion entrepreneurs can conquer COVID-19: Experts share tips at first Fashionomics Africa webinar

In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion

The African Development Bank’s (www.AfDB.org) Fashionomics Africa (www.FashionomicsAfrica.org) initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion. The theme of the first episode of the series was: “What…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

COVID-19 pandemic bolsters case for technology-based economic resilience (by Stefan Nalletamby)

African Development Bank has raised an exceptional $3 billion, three-year bond to help alleviate the economic and social impact of the COVID-19 pandemic

By Stefan Nalletamby As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic crisis. As of April 7, over 10,000 cases have been reported across 52 countries in Africa (less than 1% of cases globally). Yet…