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AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

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AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

By: Michael Mike

The African Development Bank (ADB) has said it is presently seeking $42 billion to bridge the current financing gap hindering women-owned and women-led enterprises across the Africa continent.

The Director General, Nigerian Country Department of the bank, Dr Abdul Kamara made the disclosure on Tuesday in Abuja
at the High-Level Dialogue on Investment in Gender Equality and Ending Violence Against Women for Rights and Development organised by United Nations Women in partnership with ADB.

The event is part of the global “16 Days of Activism against Gender-Based Violence” campaign, which runs from November 25 (International Day for the Elimination of Violence against Women) to December 10th (Human Rights Day).

It brought together key stakeholders to address the pressing issue of gender-based violence in Nigeria, where women and girls continue to face various forms of discrimination and violence.

Kamara said the bank has a very clear stance on Gender Based Violence (GBV), stating that in 2024, ADB celebrated 25 years of gender mainstreaming in all its operations geared towards evidence based reduction in gender gaps and more importantly, in accelerating gender equality.

He said: “One area where the bank has made very visible impact in the economic empowerment in the last seven years is increasing access to finance through a special initiative called AFAWA which is an acronym for Affirmative Finance Action for Women in Africa.

“In the context of this Pan African Initiative, the African Development Bank seeks to bridge the financing gap of $42 billion currently hindering women-owned and women-led enterprises across the continent and I am glad to report that we disbursed over a billion dollars of this across Africa, seeking to increase access to finance for women.

“This is just one among many initiatives of the bank that are responding directly to the problem gender equality. In Nigeria, all our programmes and projects are gender mapped and have gender experts working with the government to design actions that will bridge gender gaps, looking to access to financing for women, access to market, access skills but most importantly access to jobs and incomes.

“Just last month, we approve here in the bank, $100 million in the programme called Youth Entrepreneurship Investment Bank for Nigeria. This is a non deposit bank, it is an access to finance. This operation will improve gender responsive, youth entrepreneurship and enterprise development by boosting financial services to foster a thriving entrepreneurial ecosystem and affirmative action for jobs focusing on women,” he said.

In his remarks, Minister of Budget and National Planning, Sen. Atiku Bagudu said GBV was a growing concern that required immediate attention and collective action, noting that despite progress made toward dealing with violence, women and girls continue to face violence, discrimination and marginalisation.

Bagudu, who was represented by Permanent Secretary in the ministry, Dr Vitalis Obi, said empowering women was crucial to breaking this cycle of violence and that can be done by creating and promoting gender responsive policies as well as practices.

He said: “We must take decisive action to prevent and protect our women from all forms of violence and to create a society where everyone feels safe irrespective of their gender. One of the ways by which we can bridge this persistent gap is by institutionalising gender responsive budgeting in all sectors of the economy.

“Gender responsive budgeting is the strategic approach that integrates gender perspectives into the entire budget cycle. Allocate adequate resources to the programmes that will address GBV, women empowerment and education,” he said.

On her part, the Chairperson, Nigerian Governors’ Spouses Forum, Prof. Olufolake Abdul-Razaq, said they remained steadfast in advocating gender responsive budgeting across the 36 states and FCT, spending institutional framework that integrate gender perspectives and championing initiatives to protect women rights.

The Kwara State First Lady said the forum was firmly committed to ensuring that all gender laws become a cornerstone of governance at the sub-national levels, adding that the well-being of women and girls remained a pivotal indicator of how well any nation was faring in driving her developmental plan.

“It is time to address the structural barriers that perpetrate inequality for women and girls to reach their full potentials. This is my believe and it is not only an act of justice but a strategic investment in resilience and productivity of our nation as this no doubt stands as a veritable gift to commemorate the 2024 16 days of activism against GBV.

“The Nigerian Governors Spouses Forum really made an effort in the last couple of years…We are also working to get women into leadership because we believe that when women are in leadership position they will help us to sustain this drive of bringing developments to women,” she added.

In her opening remarks, the UN Women Country Representative to Nigeria and ECOWAS, Beatrice Eyong, said GBV was not just a human rights issue but also an economic issue a statistics showed that the menace was costing the Nigerian government 1.5% of its Gross Domestic Product.

“We are talking in terms of billions of dollars that the country is losing every year because of Gender Based Violence. So Gender Based Violence is linked to the achievement of Sustainable Development Goals. So if we do nothing, we will not get out of poverty and we will not get sustainable development.

“The World Economic Forum estimated in its global gender gaps report of 2022 that it will take about 132 years for the world to achieve gender equality. What does this mean for Nigeria? At this space, some of us, including our daughters might not experience gender equality in their time.

“This is therefore a call to collective actions by all international organisations, government agencies, community stakeholders and even the private sector to address the under-representation of women and barriers to gender equality,” she noted.

The UN Resident Coordinator in Nigeria Mohammed Fall, on his part said: “Gender inequality and violence against women remain among the greatest challenges to sustainable development, not just in Nigeria but globally. These issues incur heavy costs—socially, economically, and individually—limiting our collective potential for progress.”

He added that: “Violence and harmful practices against women and girls happen every day in Nigeria, and most of the time they are not reported. The Nigerian Demographic and Health Survey in 2018 found that 9 percent of women aged 15 to 49 had suffered sexual assault at least once in their lifetime and 31% had experienced physical violence. Restrictions and implications from the COVID-19 pandemic exacerbated the gender-based violence (GBV) in the nation.”

He said: “The United Nations remains steadfast in its support for Nigeria’s journey towards creating an inclusive society where every woman and girl can thrive. We are committed to coordinating partnerships, providing technical expertise, and facilitating dialogues to ensure measurable impacts in Nigeria.”

AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

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Zulum shares 63 patrol vehicles to combat criminality in Maiduguri

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Zulum shares 63 patrol vehicles to combat criminality in Maiduguri

By: Michael Mike

Borno State Governor, Prof. Babagana Zulum has handed over 63 patrol vehicles to security agencies and the Civilian Joint Task Force (CJTF) operating in Maiduguri and its environs.

Out of the 63 vehicles, 30 were given to the 10 different sectors of CJTF, 16 to Rapid Response and Anti-Social Vices, 10 to paramilitary organisations, 6 to hunters and one to the National Agency for Prohibition of Trafficking in Persons (NAPTIP).

According to a statement on Tuesday by the governor’s spokesman, Dauda Iliya, the distribution aims to enhance the mobility and response capacity of the police, other security outfits, and the civilian joint task force in tackling security threats such as armed gangs and other forms of criminality within the state capital and its surrounding areas.

He noted that this latest donation is one of the numerous vehicle distributions by the Zulum administration since 2019 all of which are targeted at strengthening the security architecture and safeguarding the lives and property of citizens.

Zulum, while presenting the vehicles, reiterated his government’s commitment to providing continuous logistical support to security forces. He emphasised that security is part of the cardinal priorities of his administration.

He said: “We are here in continuation of our efforts to support the security apparatus in Borno State with equipment and logistics needed for them to function effectively.”

“I want to assure you that the government of Borno under my leadership will continue to support you with a view to achieving the noble objectives in ensuring the state is rid of insurgency.”

He also commended President Bola Tinubu and the security forces for their efforts to restore normalcy in Borno.

He stated: “Let me also use this opportunity to extend my profound appreciation to the president and Commander-in-Chief of the Nigerian armed forces, President Bola Ahmed Tunibu, the services chiefs, theatre commander, sector commanders and all officers and men of the Nigerian armed forces that are in operation hadin Kai, and indeed all paramilitary organisations in Borno State for the great works that they’ve been doing in the state.”

The event was attended by the Deputy Governor of Borno State, Dr Umar Usman Kadafur, Secretary to Borno State Government, Bukar Tijani, the Commissioner of Police, Borno State Command, Naziru Abdulmajid, the State Director of the State Security Service, Adamu Umar and the Commandant of Nigeria Security and Civil Defence Corps, Abdulrazaq Haroon.

Also in attendance are the Head of Service, Dr Muhammad Ghuluze, commissioners, special advisers and other top government officials.

Zulum shares 63 patrol vehicles to combat criminality in Maiduguri

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Electoral officer rescued as one killed, others injured in Kontagora election violence

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Electoral officer rescued as one killed, others injured in Kontagora election violence

By: Zagazola Makama

One person was killed while several others, including security personnel, sustained injuries during a violent attack by thugs at a polling unit in Kontagora Local Government Area of Niger State on Saturday.

Zagazola Makama report that the incident occurred at Central Ward, Bashari Polling Unit, during the local government council elections.

According to the sources , the Electoral Officer (EO) for Kontagora LGA, Mr. Umar Abdulkadir, was held hostage and threatened by thugs before being rescued by a patrol team that responded to a distress call.

The rescue operation, however, turned violent as the thugs engaged in a serious fracas, resulting in the death of one Abdullahi Bala, 60, who was stabbed during the attack, while one Shehu Habibu sustained injuries to his right hand.

The security operatives attached to the electoral office were also attacked and injured, and one patrol vehicle was vandalised during the incident.

The deceased and the injured victims were taken to the General Hospital, Kontagora, for autopsy and medical treatment.

The command said investigation is ongoing to identify and arrest all the perpetrators involved in the election-day violence.

Electoral officer rescued as one killed, others injured in Kontagora election violence

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KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

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KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

By: Michael Mike

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN), a critical stakeholder in the North East region, has called on the North East Development Commission (NEDC) to significantly incorporate Livestock Development into its 2026 policies and programmes.

The group in a signed statement by its National President, Hon. Khalil Mohammed Bello, while appreciating NEDC’s efforts, acknowledged the tireless efforts and significant achievements of the Commission since its inception in rebuilding and rehabilitating the North East.

It also commended the Commission for its successes in infrastructure, renovation and construction of schools, houses, hospitals, health centres, roads, reconstruction of bridges destroyed by insurgency and provision of accommodation to displaced persons.

KACRAN also commended NEDC for the training of thousands of forest guards and the distribution of utility vehicles to security operatives to help combat insecurity; the
prompt provision of support and assistance to victims of various incidents, including the vital role played during the major floods in Maiduguri last year and for the consistent
distribution of relief materials and palliatives to internally displaced persons (IDPs).

The group said: “We believe the NEDC has performed commendably and is a true partner in progress for the region’s State Governments.”

They however said: “Despite these successes, KACRAN draws the attention of the NEDC to the profound and disproportionate impact of insecurity and insurgency on the region’s pastoralist communities.”

They noted that pastoralists operate primarily in the bushes, the epicentre of the conflict, making them and their livestock the most vulnerable. They claimed that countless pastoralists have been killed, and hundreds of thousands of livestock—their sole means of livelihood—have been stolen or rustled.

They decried that: “A critical shocking assessment reveals that North East pastoralists have been at the receiving end of the Commission’s programmes. We have received minimal direct benefits from the annual billions allocated for the region’s development projects, as these projects mainly focus on urban infrastructure (houses, roads, bridges) that do not and would never address our unique desired needs.”

They further stated that: “On behalf of millions of North East pastoralists, KACRAN passionately appeals to the NEDC leadership to address this imbalance with immediate and long-term actions:

“Livestock Distribution: Just as the NEDC builds and distributes houses, we urgently request the Commission to procure and distribute thousands of livestock to our members whose herds were stolen or destroyed by insurgents.

“Essential Support: We call for the provision of animal feed, water points, relief materials, and palliative support for our internally displaced members who have been completely ruined by the insurgency.

“Policy Integration: We urge the NEDC to make a serious and dedicated commitment to Livestock Development in its 2026 Policies and Programmes. This is the only way to ensure fairness and compensate for the structural neglect our communities have faced since the Commission’s creation.”

They stated that: “KACRAN believes that by engaging in robust livestock development, the NEDC can truly align with the spirit of fairness and inclusive development, thereby helping the North East pastoralist communities rebuild their livelihoods and contribute fully to the region’s economic recovery.”

KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

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