Lagos Signs MOU with AWIEF on $300m Fund to Empower Women Entrepreneurs
Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum (AWIEF) expected to facilitate the process of ensuring that women entrepreneurs have access to $300 million fund to boost their businesses. The State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, who disclosed this to journalists yesterday at a media briefing at the Bagauda Kaltho Press Centre in Alausa, said the $300 million is a women’s Economic Empowerment Fund set aside by African Development Bank (AFDB) for empowering African women. Ashade said, “Lagos Women Economic Empowerment Initiative