G7 Donates $251 Million to Support Women Entrepreneurs in Africa.

The group of seven most industrialized countries, G7 has given $251 Million in aid to support women entrepreneurs in Africa.
The G7 is made up of United States, Germany, Japan, Canada, Italy, United Kingdom, and France.
The French president, Emmanuel Macron announced this during the 2019 G7 Summit in France at a press conference with president of the African Development Bank(AfDB), Akinwunmi Adesina and African music icon, Angelique Kidjo.
President @EmmanuelMacron and @G7 leaders provide the African Development Bank's #AFAWA initiative with $251 million to support women entrepreneurs in Africa. #G7Biarritz pic.twitter.com/jt6u5aQik7
— African Development Bank Group (@AfDB_Group) August 26, 2019
President @EmmanuelMacron mobilized $251 Million from G7 Leaders for a guarantee facility for AFAWA of the African Development Bank, to leverage $3 billion financing for women in Africa. An incredible global leader, partner & friend. Merci beaucoup Mr. President! 🙏🏻💕 pic.twitter.com/iFLChm9EZb
— Akinwumi A. Adesina (@akin_adesina) August 26, 2019
Today’s Echo gathers that the funds will go to AFAWA, a special initiatove set up by the AfDB.
AFAWA is a pan-African initiative to close the $42bn gender credit gap for women enterprises in Africa
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Dede is an accomplished literary critic and public commentator with a penchant for telling compelling stories. An avid Man City fan, he lives in Lagos.
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