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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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Nigeria Launches Nationwide Drive to Safely Manage Small Battery Waste

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Nigeria Launches Nationwide Drive to Safely Manage Small Battery Waste

By: Michael Mike

Nigeria has taken a major step toward tackling a fast-growing but often overlooked environmental threat with the launch of a national initiative to ensure the safe collection and recycling of small-sized waste batteries.

Unveiled at the Federal Ministry of Environment’s Green Building in Abuja, the programme introduces a structured system for the environmentally sound management of discarded household batteries—ranging from button cells in wristwatches to AA and AAA batteries in remote controls, as well as lithium-ion units powering mobile phones and other portable devices.

Speaking at the event, Minister of Environment, Balarabe Lawal, described the initiative as a decisive intervention to close a long-standing gap in Nigeria’s waste management system.

He noted that while large batteries such as those used in vehicles often attract recycling value, smaller batteries are routinely ignored and improperly disposed of, posing serious risks to both human health and the environment.

“These small-sized batteries are deceptively dangerous,” the minister said. “They are easily discarded, yet they contain toxic substances that can contaminate our soil, water, and food systems. This initiative is about protecting lives—especially those of women and children who are most vulnerable to the impacts of environmental pollution.”

At the core of the programme is the deployment of specially designed collection receptacles across strategic locations in the Federal Capital Territory, including markets, schools, offices, and motor parks. The goal is to make safe disposal accessible at the point of use, ensuring that hazardous battery waste does not end up in dumpsites or informal recycling channels.

The initiative is being implemented in partnership with the Alliance for Responsible Battery Recycling (ARBR), the Producer Responsibility Organisation for Nigeria’s battery sector under the Extended Producer Responsibility (EPR) framework.

Established in 2019, ARBR is tasked with coordinating the collection, transportation, and environmentally compliant recycling of battery waste nationwide.

Providing an overview of the project, ARBR representatives highlighted the growing volume of small battery waste driven by increased technology use and energy access across Nigeria. Despite their widespread use, these batteries often enter general waste streams at the end of their lifecycle, releasing hazardous materials such as cadmium, mercury, nickel, lithium, and lead into the environment.

“Collection is the foundation of environmentally sound management,” ARBR stated. “Without it, the entire value chain—from transportation and storage to treatment and recycling—breaks down. This project is designed to ensure that these batteries are captured early and directed into safe, regulated systems.”

Beyond collection, the programme establishes a coordinated downstream process involving the evacuation of collected batteries to central aggregation hubs, from where they will be transported to licensed recycling facilities, including export where necessary under national regulations. Key partners, including the Abuja Environmental Protection Board (AEPB) and the Waste Pickers Association of Nigeria (WAPAN), are expected to play critical roles in ensuring the system’s efficiency and sustainability.

The initiative is anchored on Nigeria’s National Policy on Battery Waste Management (2022) and the National Environmental (Battery Control) Regulations (2024), which mandate the responsible lifecycle management of batteries in line with global environmental standards.

In a goodwill message, the Director General of the National Environmental Standards and Regulations Enforcement Agency (NESREA), Prof. Innocent Barikor, described the launch as a strong demonstration of Nigeria’s commitment to meeting its obligations under international environmental agreements, including the Basel Convention on hazardous waste.

He emphasized that the rapid proliferation of battery-powered devices has created an escalating waste stream that demands urgent and coordinated regulatory action.

“This is not just a technical exercise,” Barikor said. “It is a declaration of intent that Nigeria is ready to protect public health and preserve its ecosystems through science-based and enforceable solutions.”

He further noted that the initiative builds on groundwork laid under the PROBAMET project, which helped map informal sector activities, identify infrastructure gaps, and raise awareness among stakeholders in the battery value chain.

Stakeholders at the event commended the Federal Ministry of Environment for its leadership, while also acknowledging the role of international development partners in providing technical and financial support for the project.

Experts say the initiative could also unlock economic opportunities by integrating informal waste collectors into formal systems and advancing Nigeria’s circular economy agenda—where waste is treated as a resource rather than a burden.

As the programme rolls out, officials are calling on Nigerians to adopt responsible disposal habits, stressing that the success of the initiative depends not only on infrastructure but also on public participation.

“Every battery properly disposed of is a life protected and an ecosystem preserved,” the minister said. “This is the beginning of a nationwide movement toward cleaner, safer environmental practices.”

The launch marks what stakeholders describe as a critical turning point in Nigeria’s approach to hazardous waste management, with expectations that the model could be expanded beyond the Federal Capital Territory to other parts of the country in the near future.

Nigeria Launches Nationwide Drive to Safely Manage Small Battery Waste

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US. Embassy Abuja Seals Landmark Tech Partnership with Ilorin Innovation Hub

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US. Embassy Abuja Seals Landmark Tech Partnership with Ilorin Innovation Hub

By: Michael Mike

The U.S. Embassy Abuja has signed a three-year Memorandum of Understanding (MOU) with the Ilorin Innovation Hub, launching its first public-private partnership outside the American Spaces Network and signaling a strategic expansion of U.S. engagement in Nigeria’s fast-growing technology ecosystem.

The agreement, formalized at a ceremony in Abuja, is set to deepen collaboration in artificial intelligence (AI), science, technology, engineering, and mathematics (STEM), as well as professional development, particularly targeting young innovators and tech professionals in Kwara State.

Speaking at the event, U.S. Embassy Public Diplomacy Counselor Lee McManis described the partnership as a significant step toward strengthening innovation-led economic ties between Nigeria and the United States. He noted that Kwara is steadily emerging as a technology hub, attracting growing interest from American companies eager to invest, compete, and collaborate within the region’s evolving digital economy.

Under the terms of the MOU, both parties will roll out a series of programs showcasing American leadership in technology and innovation. These initiatives will include business English training, STEM-focused education, and capacity-building workshops designed to align Nigerian talent with the demands of U.S. industries.

The partnership is also expected to create new pathways for knowledge exchange, entrepreneurship, and workforce development, reinforcing broader efforts to position Nigeria as a competitive player in the global tech landscape.

Officials say the initiative reflects a shared vision centered on innovation, education, and opportunity as drivers of sustainable economic growth. The collaboration is poised to not only empower local talent but also strengthen bilateral relations through practical, skills-based engagement.

With this move, the U.S. Embassy is extending its footprint beyond traditional platforms, embracing targeted partnerships that directly impact emerging innovation ecosystems across Nigeria.

US. Embassy Abuja Seals Landmark Tech Partnership with Ilorin Innovation Hub

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Rebuilding the North-East: Inside Nigeria’s Largest Post-Conflict Recovery Experiment

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Rebuilding the North-East: Inside Nigeria’s Largest Post-Conflict Recovery Experiment

How the NEDC is attempting to turn years of devastation into a pathway for long-term development

By Michael Olukayode

For more than a decade, Nigeria’s North-East has remained a symbol of prolonged conflict and humanitarian collapse. The insurgency led by Boko Haram and its breakaway factions did far more than disrupt security—it dismantled entire communities, shattered economic systems, and altered the social and cultural foundations of a region once anchored by farming and cross-border trade.

The human cost has been staggering. More than 350,000 people are estimated to have died directly and indirectly from the conflict. Over 2.5 million individuals were forced from their homes, while at the height of the crisis, about 8.4 million people required urgent humanitarian support. Entire settlements across Borno, Adamawa, and Yobe were destroyed, leaving behind a region marked by displacement and ruin.

A System Built from Collapse

The scale of destruction prompted the establishment of the North-East Development Commission (NEDC) in 2017 under former President Muhammadu Buhari. It was created not simply as a relief agency, but as a long-term institutional response to structural breakdown across an entire region.

Early post-conflict assessments placed the cost of destruction at over $9 billion. Infrastructure losses were extensive: thousands of homes were destroyed, more than 1,400 schools were damaged or completely wiped out, and in some areas over 70 percent of health facilities became unusable. The agricultural sector—long the backbone of the regional economy—collapsed almost entirely, deepening poverty and food insecurity.

To coordinate recovery, the Commission was tasked with implementing the North-East Stabilisation and Development Master Plan (NESDMP), a blueprint designed to move the region from emergency humanitarian response into structured reconstruction and sustainable development.

From Emergency Response to Large-Scale Reconstruction

Since beginning operations, the NEDC has implemented interventions worth hundreds of billions of naira, funded through federal allocations and supported by development partners.

Its activities span all six states of the region—Borno, Adamawa, Yobe, Bauchi, Gombe, and Taraba—where thousands of projects have either been completed or are ongoing.

Across its portfolio, the Commission has:
• Built and rehabilitated thousands of housing units for displaced families
• Executed more than 1,000 infrastructure projects, including roads, schools, and healthcare centres
• Distributed millions of relief items during peak humanitarian emergencies
• Supported agricultural programmes reaching hundreds of thousands of farmers

The Managing Director/Chief Executive Officer of the Commission, Mohammed Goni Alkali, explained that the institution is now deliberately evolving its focus.

“We are transitioning from humanitarian interventions to sustainable development,” he said. “The priority is building systems that can endure beyond immediate recovery.”

He added that reconstruction must be understood beyond physical structures.

“It is not only about rebuilding infrastructure. It is about restoring livelihoods, rebuilding institutions, and restoring hope to communities,” Alkali said.

Gradual Return to Normalcy Across Communities

On the ground, signs of recovery are beginning to emerge across the region, though unevenly.

Large numbers of internally displaced persons have started returning to reconstructed communities, easing long-standing pressure on overcrowded camps. Schools that were destroyed or abandoned during the peak of the insurgency are being rehabilitated and reopened, restoring access to education for thousands of children.

Healthcare delivery has also improved, with rebuilt and newly equipped facilities expanding access, particularly in rural areas that were previously cut off. Road reconstruction projects are reconnecting isolated communities, improving movement, trade, and access to services.

The Governor of Borno State, Professor Babagana Umara Zulum, acknowledged the role of the Commission in supporting recovery efforts.

“The NEDC has played a critical role in supporting the rebuilding of communities and restoring hope to our people,” he said.

Restoring the Economic Lifeline

Before the insurgency, agriculture was the dominant economic activity in the North-East, employing a large portion of the population. The conflict disrupted farming cycles, displaced rural communities, and left vast tracts of farmland abandoned.

Recovery efforts are now focusing on reversing that collapse. Through the distribution of seeds, fertilisers, and farming equipment, as well as investments in irrigation and dry-season farming, agricultural production is gradually resuming. Small businesses and cooperatives are also receiving support to stimulate local economies.

According to Alkali, economic recovery remains central to the Commission’s strategy.

“Without livelihoods, recovery cannot be sustained,” he said. “Economic empowerment is therefore at the core of our interventions.”

Moving Away from Long-Term Aid Dependence

One of the most significant shifts emerging in the region is the gradual transition from humanitarian dependency to self-reliance.

Although millions of people still require assistance, returning communities are increasingly rebuilding their own economic and social systems as stability improves.

Former United Nations Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, noted that recovery efforts are beginning to produce measurable improvements.

“There is clear evidence that living conditions are improving and that basic services are being restored,” he said.

Security Gains and Lingering Vulnerability

Despite notable progress in stabilisation, the North-East remains fragile. Military operations have significantly degraded insurgent capabilities, but sporadic attacks continue in some areas.

The Chairman of the Governing Board of the NEDC, Major General Paul Tarfa (rtd.), stressed that development must consolidate security achievements.

“Security gains must be reinforced with development initiatives. Only then can we achieve lasting peace,” he said.

Persistent Gaps in the Recovery Process

Even with extensive interventions, major challenges remain. Millions of residents are still dependent on humanitarian assistance, unemployment among young people remains high, and environmental pressures—including climate-related shocks—continue to threaten agricultural recovery.

In addition, funding limitations remain a key constraint, with the scale of needs far exceeding available resources.

The Managing Director acknowledged these gaps but reaffirmed the Commission’s commitment.

“The level of devastation is enormous, but we are committed to working with all stakeholders to deliver sustainable recovery,” Alkali said.

A Region Still in Transition

The North-East today exists in a complex state between crisis and recovery. It remains one of Nigeria’s most vulnerable regions, but also one of its most ambitious reconstruction theatres.

What is unfolding is a slow transformation: from destruction to rebuilding, from dependency to resilience, and from emergency survival to structured development.

Former United Nations Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, noted that recovery efforts are beginning to produce measurable improvements.

“There is clear evidence that living conditions are improving and that basic services are being restored,” he said.

Observing during his tenure in the country that: “The transition is visible, but sustaining it will require long-term investment and strong collaboration.”

Conclusion: Beyond Reconstruction

The work of the North-East Development Commission goes beyond rebuilding damaged infrastructure. It represents an attempt to reimagine post-conflict recovery at scale—linking humanitarian relief with long-term development planning.

From housing and healthcare to education and livelihoods, the foundations of a new regional reality are gradually taking shape.

Yet, as stakeholders consistently emphasise, the true measure of success will not be the number of projects completed, but whether the region can sustain stability, dignity, and opportunity over time.

In the North-East, the story of recovery is no longer only about survival.

It is about building a future that once seemed impossible—and ensuring it endures.

Rebuilding the North-East: Inside Nigeria’s Largest Post-Conflict Recovery Experiment

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