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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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President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

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President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

Returns to Karu, commissions roads, 1 week after water supply project, says it’s part of urban decongestion

By: Our Reporter

One week after inaugurating the Karu satellite town water supply network in Karu, President Asiwaju Bola Ahmed Tinubu, Monday, returned to the Abuja satellite town, where he commissioned the newly rehabilitated and expanded roads from the Karu Interchange to the Customs Clinic Junction, including other vital adjoining roads.

He said the road projects and other infrastructural development are a clear testament to his promise to resolve urban congestion and uplift the living standards of Nigerians..

The Nigerian leader who was represented at the commissioning by his deputy, Vice President Kashim Shettima, explained that by expanding and rehabilitating the roads, his administration is not just laying asphalt but injecting life back into the nation’s local economy.

He noted that when he assumed office in 2023, his administration “recognized that true development must reach where the people actually live, work, and commute.

“Indeed, this project stands as a clear testament to our promise to resolve urban congestion and uplift the living standards of our people. It is a direct product of our Renewed Hope Agenda in action,” he stated.

President Tinubu observed that for years, the Karu corridor, which serves as a critical gateway between the FCT and neighboring states, grappled with severe traffic congestion that drained the productivity and energy of residents.

He, however, noted that the newly constructed and rehabilitated roads have dramatically cut down “daily travel times, eliminates frustrating gridlocks, and ensures that businesses in this densely populated area can thrive under the right conditions.

“A premium road network must also prioritize the safety of its users both day and night. To ensure maximum security along this corridor, the Federal Capital Territory Administration has installed modern solar-powered streetlights along the entire road network, illuminating dark stretches, drastically reducing nighttime crime, and improving visibility for motorists,” he added.

The President attributed the rapid physical transformation across Abuja to “the dogged, relentless and focused supervision” of the Minister of FCT, Ezenwo Nyesom Wike, noting the aggressive implementation of his administration’s urban renewal master plan is visible for all to see.

“I sincerely commend the Minister and his team. By prioritizing high-density, strategic satellite nodes like Karu alongside the city center, the FCT Administration is validating our governance philosophy: that the wealth of this territory must yield practical, everyday comfort for all socio-economic classes.

“I also commend the contractor Abdul-Val Nigeria Limited for quality work and timely delivery. They have demonstrated that Nigerian firms can match international benchmarks for quality, structural integrity, and project management,” he added.

The Nigerian leader charged traditional rulers, market women, youth leaders, and the entire Karu residents to protect the roads from vandalism, indiscriminate roadside dumping that clogs drainage systems, and ensure the roads serve as a secure foundation for their “commerce, safety, and long-term community pride.”

Earlier, the FCT Minister said the support given to the administration of the FCT by Mr President is unprecedented and a demonstration of his commitment to the wellbeing and welfare of the people.

Wike noted that residents of the territory and environs are overwhelmed with the developmental strides in the FCT and assured them of that the momentum will be sustained.

The Minister commended the steadfastness and commitment of the contractor that handled the infrastructure project in Karu and environs, particularly in aligning with the agenda of the Federal Government to transform the state of infrastructure across the country.

For her part, the FCT Head of Service, Mrs Nancy, on behalf of the management, staff and residents of the territory, thanked President Tinubu for his unwavering commitment to national development and infrastructural renewal.

Presenting the project overview, the Coordinator of the Satellite Towns Development Department (STDD) FCT, Hon. Zulkiflu Abdulkadir, said improving the state of infrastructure in the satellite towns and area councils as well as uplifting the lives and livelihoods of the residents is critical to the development of the FCT.

He said the project which comprises the installation of solar-powered street lights, construction of drainages and walkways, will significantly improve economic and social activities in Karu town which is the most populated satellite town in the FCT.

Also present at the ocassion were legislators, top government officials, traditional rulers and stakeholders in the FCT, among others.

President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

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MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

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MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

By: Michael Mike

Médecins Sans Frontières (MSF), also known as Doctors Without Borders, has launched a locally driven nutrition intervention in Kebbi State to tackle rising cases of child malnutrition amid growing concerns over preventable deaths among children under five in north-west Nigeria.

The humanitarian organisation announced on Wednesday that the programme, built around the use of Tom Brown, a locally produced complete food supplement, is expected to reach more than 16,000 children suffering from moderate acute malnutrition by the end of 2026.

The initiative comes against the backdrop of a sharp rise in severe acute malnutrition cases recorded in Kebbi between 2024 and 2025, a trend that has stretched healthcare resources and heightened fears of worsening child mortality in one of Nigeria’s most vulnerable regions.

MSF Nigeria Country Coordinator, Stuart Alexander Zimble, described the malnutrition situation in Kebbi as alarming, noting that it remains one of the leading causes of death among young children in the state.

He urged authorities and humanitarian agencies to intensify support and interventions to avert further avoidable deaths.

According to UNICEF data cited by the organisation, an estimated 30 newborns and 100 children under the age of five die daily in Kebbi State, with nearly half of the deaths linked directly to malnutrition. The crisis is compounded by high levels of stunting, widespread malaria and extremely low vaccination coverage, with only about 7.4 per cent of children under two years fully immunised.

MSF said it has been providing free treatment for severe and complicated malnutrition in Kebbi since March 2022 through two inpatient therapeutic feeding centres and four outpatient centres. However, it noted that the needs remain enormous due to persistent insecurity, limited healthcare access, climate-related shocks and declining livelihood opportunities that have weakened household resilience and worsened health outcomes.

The organisation disclosed that after health authorities decided in September 2024 to stop admitting children with moderate acute malnutrition to enable a focus on severe cases, medical teams subsequently recorded a 41 per cent increase in severe malnutrition cases treated at outpatient facilities and a 39 per cent rise in inpatient admissions.

Zimble said many children who initially presented with moderate malnutrition later returned with severe and, in some cases, life-threatening conditions, underscoring the need for earlier intervention.

The Tom Brown programme was consequently introduced in early 2026 as part of efforts to strengthen community-based responses to malnutrition before children deteriorate into critical conditions.

Tom Brown, also known locally as Garin Kunu, is a traditional Nigerian nutritional recipe prepared from a blend of sorghum, soya beans and groundnuts. MSF said the programme seeks to leverage a familiar and culturally accepted food supplement to create sustainable solutions that communities can continue using beyond emergency interventions.

Nigeria continues to grapple with one of the world’s largest burdens of child malnutrition. Humanitarian agencies have repeatedly warned that conflict, economic hardship, food inflation and climate shocks are pushing increasing numbers of children across the northern states into acute food and nutrition insecurity, making early intervention programmes crucial to preventing avoidable deaths.

MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

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Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

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Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

By: Zagazola Makama

Troops of the 2 Division Garrison have intervened in a mob attack at Ojurin Mammy Market in Lagalu Local Government Area of Oyo State, rescuing three police personnel and a civilian driver who were assaulted by unknown individuals.

Military sources said the incident occurred at about 6:46 p.m. on June 18, when the victims were attacked by a mob who mistook them for armed robbers while they were dressed in plain clothes.

The victims were later identified as personnel attached to the Violent Crimes and Response Unit Annex, Iyana Church, Alakia, Ibadan.

Troops who responded swiftly to the distress situation succeeded in rescuing the victims from the mob and restoring order in the area.

The civilian driver involved in the incident reportedly sustained varying degrees of injury and was evacuated to the 2 Division Medical Services and Hospital for treatment.

During the operation, troops recovered one AK-47 rifle, one riot gun, and 25 rounds of 7.62mm special ammunition from the scene.

Authorities said the situation had been brought under control, while efforts were ongoing to prevent further escalation and ensure public safety in the area.

Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

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