Thursday, February 25, 2021
  • Home
  • Lifestyle
  • Health
  • Tourism & Travel
  • Sports
  • Music
  • Politics
  • Community
    • Agriculture
  • Business
    • SME’s
  • Gallery
Zimbabwe News Newsdzezimbabwe
VAYA
  • Home
  • Lifestyle
  • Health
  • Tourism & Travel
  • Sports
  • Music
  • Politics
  • Community
    • Agriculture
  • Business
    • SME’s
  • Gallery
No Result
View All Result
Zimbabwe News Newsdzezimbabwe
  • Home
  • Lifestyle
  • Health
  • Tourism & Travel
  • Sports
  • Music
  • Politics
  • Community
    • Agriculture
  • Business
    • SME’s
  • Gallery
No Result
View All Result
Zimbabwe News Newsdzezimbabwe
No Result
View All Result

Ecobank Group Empowers Women Businesses through Ellevate, its new women-focused programme

Byron Adonis Mutingwende by Byron Adonis Mutingwende
November 27, 2020
in Business, Development
0
Ecobank Group Empowers Women Businesses through Ellevate, its new women-focused programme

Ecobank women empowerment

A healthy collaboration between Government and Private sector is critical for the creation of a conducive environment in which women can thrive and succeed

The Ecobank Group (https://www.Ecobank.com/) launches ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets. This programme is designed to help women reach their full potential by empowering, growing and supporting them with customized financial and value-added solutions.

Women constitute roughly half of the population in Africa. SMEs account for up to 90% of all businesses in Africa and women own about a third of all registered African SMEs. 1 in 4 of the adult female population in Africa starts or manages a business, making the African continent one of the highest in terms of women entrepreneurs across the world.

The Women-led Economy represents a largely untapped market. Ecobank’s commitment to positively contributing to the economic development and financial integration of the continent will be further strengthened by our investment in women.

A healthy collaboration between Government and Private sector is critical for the creation of a conducive environment in which women can thrive and succeed.

“The Government recognises the contribution women are making to the socio-economic development of Africa. We believe women are the catalyst for change and prosperity. The Government of Togo continues to develop and implement policies and programmes that will promote the economic empowerment of women of all ages and social status. Togolese women have always played a critical role in the economy. We are pleased to see that the Ecobank Group, through the Ellevate programme, offers to women an opportunity to take their rightful place in the economic development of our country and indeed across the continent. We will work with the private sector to tap into this great potential of African women and create inclusive business opportunities.”, stated Mrs Myriam Dossou-D’ Almeida, the Minister of Grassroots Development, Youth and Youth Employment, Republic of Togo.

“The empowerment of women is not only a developmental issue. It is very much an economic issue. Financial institutions that recognise the changes that are happening globally and are taking steps to ensure that they are participating in this emerging market, will more fully reap the economic benefit of their investment.”, said Graça Machel, Founder, Graça Machel Trust and, Foundation for Community Development.

The Ecobank Group recognises the strategic importance of women on the continent and the need to continually support them to reach their full potential.

“In developing Ellevate, we made time to understand the needs of women, what they really require from their bankers, and came up with practical solutions that will help bridge the identified gaps. Ellevate is an end-to-end comprehensive product suite that supports women-owned and women focused businesses with differentiated business solutions that will unleash their potential.”, stated Josephine Anan-Ankomah, Ecobank Group Executive, Commercial Banking.

“Ellevate by Ecobank is designed for businesses owned by women, managed by women, businesses with a high percentage of female board members or employees and companies that manufacture products for women. These businesses will benefit from smarter cash management solutions, favourable lending rates and value-added services such as leadership training and networking opportunities. All these will ensure that their businesses can scale and remain sustainable. We intend to allocate 10 percent of our Commercial Banking loan portfolio to help bridge the financing gap.”, added Josephine Anan-Ankomah.

To formally launch Ellevate by Ecobank, Ecobank Group will hold a webinar on November 27th 2020 with an English session at 9:00 AM GMT and a French session at 3.00 PM GMT.

Previous Post

Roll on SuperSport as cricket season takes hold

Next Post

How COVID-19 Catalysed Digital Health Trends

Byron Adonis Mutingwende

Byron Adonis Mutingwende

Related Posts

Voices and activism of young people positively impacting the world: UN
Business

Government, UN Set Strategic Priorities for a New Five-Year Cooperation Framework

by Byron Adonis Mutingwende
February 25, 2021
AWiM Capacitating Women Journalists with Skills on Labour Migrants Reporting
Business

AWiM Capacitating Women Journalists with Skills on Labour Migrants Reporting

by Byron Adonis Mutingwende
February 25, 2021
NERA Train now on track again: #NoRefroms No Elections 2023 Campaign
Development

NERA Train now on track again: #NoRefroms No Elections 2023 Campaign

by Byron Adonis Mutingwende
February 25, 2021
Farmers’ role in mitigating the impact of climate change
Agriculture

Farmers’ role in mitigating the impact of climate change

by Byron Adonis Mutingwende
February 25, 2021
Huawei launches $3K foldable, readies HarmonyOS
Business

Huawei launches $3K foldable, readies HarmonyOS

by Byron Adonis Mutingwende
February 25, 2021
Next Post
How COVID-19 Catalysed Digital Health Trends

How COVID-19 Catalysed Digital Health Trends

Leave a Reply Cancel reply

Search Here

No Result
View All Result
TelOne
Maisha
BankABC
Maisha

About Spiked Online Media

Latest Zimbabwe news , newsdzezimbabwe with spiked catch all breaking news 24 hours online media  platform.

Categories

Browse by Tag

Africa African Development Bank Business climate change COVID-19 Cyclone Idai Devices DStv Econet Econet Wireless Zimbabwe education Entertainment Entrepreneurship Explore Bali Gadgets Government Harare Harare City Council Health Human Rights Investments Market Stories mobile money Music NetOne Pan African Parliament partnerships Politics POTRAZ Smartphones social media South Africa sports streaming Strive Masiyiwa Technology Telecommunications Tourism Transportation UN WhatsApp Women youths ZEC zimbabwe
TelOne

Latest Zimbabwe news , newsdzezimbabwe with spiked catch all breaking news 24 hours online media  platform.

ZTA

© 2020 -Spiked Online News & magazine by Web3 Solutions.

No Result
View All Result
  • Home
  • Lifestyle
  • Health
  • Tourism & Travel
  • Sports
  • Music
  • Politics
  • Community
    • Agriculture
  • Business
    • SME’s
  • Gallery

© 2020 -Spiked Online News & magazine by Web3 Solutions.