The AFAWA Women Entrepreneurship Enablers Programme 2022 is currently accepting applications. The Affirmative Finance Action for Women in Africa (AFAWA) initiative of the African Development Bank Group is announcing the opening of its second call for proposals for the program, which is aimed at women’s business associations, incubators, accelerators, cooperatives led by women, and civil society organizations that support the growth of female entrepreneurs on the continent.
The program assists formal, female-led small and medium-sized enterprises (SMEs) with projects that increase their viability and sustainability and give them access to capital for business expansion.
WORTH
AFAWA is offering grants of up to $250,000 to organizations helping prepare African women-led businesses to drive the continent’s economies.
ELIGIBILITY
- Applications are welcome from all 54 Africa countries, transitional/fragile, Sahel and North African countries are strongly encouraged to submit proposals.
- The projects should be implemented in more than 2 countries;
- The project duration should not exceed 2 (two) years;
- Recipients and project sponsors should be Africa-based or provide evidence of partnership with African entities and show that the proposed activities, operations, and projects will be implemented in Africa;
- Applicants must be legally constituted institutions that have been in existence for at least three years with strong financial and procurement procedures;
- Collaboration between two or several applicant enablers is encouraged;
- Partnerships are strongly encouraged particularly with one or multiple financial organizations and with both public and private sectors;
- Previous experience in managing external funding and executing projects from donors is required.
){kind=link}