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UNDP Facilitates $10 million lifeline for Women Businesses in Nigeria
UNDP Facilitates $10 million lifeline for Women Businesses in Nigeria
By: Michael Mike
The United Nations Development Programme (UNDP) has facilitated $10 million in investment from trade lender for business women in the country.
This lift is coming under the recently launched #HerAfCFTA initiative of UNDP which is aimed at helping women entrepreneurs in Nigeria as part of the African Continental Free Trade Area (AfCFTA).
The programme offers support in areas such as: capacity building, market access, trade facilitation, business networking, investment, and digitalization.
The AfCFTA is a trade agreement that aims to boost intra-African trade and promote economic development. It presents opportunities for women entrepreneurs to formalize their businesses, access new markets, and grow their businesses.
Women entrepreneurs on the continent have been reported to be facing challenges ranging from gender-based violence, limited market access, and lack of access to business tools.
Speaking at the #HerAfCFTA forum in Abuja with the theme: Empowering Women-led Micro, Small, and Medium-sized Enterprises for continental trade opportunities, the UNDP National Programme Specialist, Ms. Clare Henshaw said the UN agency under the #HerAfCFTA has been able to successfully facilitated the $10 million as
seed projects.
At the forum, which is in collaboration with Women Chambers of Commerce, Industry, Mines and Agriculture, Henshaw also disclosed that there would be more funding for women and youth in business but they have to be ready.
She said: “As we speak, not only have they successfully facilitated $10 million investment from trade lenders to seed projects, just one business, we’ve also been able to pile up a number of businesses and partners that are coming your way, if only you are ready.”
She revealed that the six months old #HerAfCFTA initiative has a target of raising $30 million to support women in business.
On her part, UNDP Nigeria Resident Representative, Ms. Elsie Attafuah, speaking on equipping the women to break the barriers confronting them, said the initiative focuses on equipping them with tools needed to succeed within the AfCFTA ecosystem.
Attafuah who was represented by the Senior Economic Advisor, UNDP, Mr. Tony Muhuuza, stressed that the initiative is unlocking a wealth of information for Nigerian women entrepreneurs, while at the same time widening their network.
The UNDP Nigeria Representative said: “Our #HerAfCFTA initiative focuses on equipping women with tools they need to succeed in the continental trade ecosystem. Under this initiative, we at UNDP have designed three key components to address the unique challenges that women face and to ensure their success in this new trade environment.
“Under #HerAfCFTA, we focus on equipping women entrepreneurs with insights and tools they need to navigate regional and international trade. By providing access to market intelligence, policy support and capacity building, we empower women to make informed decisions that enhance their competitiveness.
“We are unlocking a wealth of information for Nigerian women entrepreneurs. Number two is her network. Collaboration is very, very key to scaling up success.
“And this component creates platforms for enhanced business-to-business connections and digital networking. From virtual matchmaking events to in-person dialogues like the one we are having today, our AfCFTA network is about building bridges, fostering relationships that can lead to transformative trade opportunities. The third is her facility.
“This is about scaling a business require resources and her facility will actually focus on normalizing the financial, technical support needed to make that happen. From trade facilitation to investment in logistics to branding and export processes, our facility component ensures that women entrepreneurs are equipped to scale their operations and compete effectively in both the local and regional markets. Today’s masterclass and sessions are an embodiment of this vision.
“By focusing on market intelligence, branding, compliance, and trade facilitation, we are not only addressing immediate challenges but also equipping our entrepreneurs with the tools and knowledge to cross borders, shatter glass ceilings, and redefine trade across Africa.”
She said she sees a continent where women are in forefront of development.
She said: “Imagine a Nigeria where women-led businesses thrive, where agro-products are skilled to meet export demands, where garments and handmade goods are displayed proudly in shops across Africa, and where women voices shape trade policies and negotiations. This vision will actually start with you.
“As we move forward, we implore you to make collective commitments.
Policy makers, women partners, business leaders, and entrepreneurs, we need to build a trade ecosystem that is inclusive, innovative, and impactful.
” As I conclude, let us ensure that the AfCFTA becomes a living testament to Africa and to make sure that we invest in the greatest resource that its people have, especially the women that have the potential to turn these possibilities into realities.”
UNDP Facilitates $10 million lifeline for Women Businesses in Nigeria
News
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
By: Michael Mike
The European Union has pledged €22 million in grant funding to support Nigeria’s large-scale fibre-optic expansion, reinforcing the Federal Government’s drive to transform the country’s digital backbone.
The grant, announced in Abuja on Wednesday, will be channelled through the European Bank for Reconstruction and Development (EBRD) and on-granted to the Federal Ministry of Communications, Innovation and Digital Economy for implementation of the government’s Project BRIDGE initiative.
The EU funding will sit alongside an €86 million loan from the EBRD’s own resources, pending final approval. The operation represents the EBRD’s first major sovereign financing in Nigeria since the country formally became a shareholder of the bank last year.
Minister of Communications, Innovation and Digital Economy, Bosun Tijjani described the agreement as a decisive step toward delivering the BRIDGE project within schedule, noting that Nigeria’s digital transformation agenda depends heavily on robust and inclusive broadband infrastructure.
He said the partnership reflects growing confidence in Nigeria’s digital roadmap and expressed optimism that 2026 would mark a year of tangible progress in cooperation between Nigeria and the EU.
EBRD President, Odile Renaud-Basso, who is on an official visit to Nigeria, said the bank was proud to collaborate with the EU to expand digital infrastructure in Africa’s largest economy. She noted that the technical cooperation embedded in the financing is structured to crowd in private capital while ensuring secure, resilient and inclusive connectivity.
EU Ambassador to Nigeria, Gautier Mignot, underscored the strategic importance of digital networks to both Nigeria and the EU, stressing the need for trusted, high-integrity infrastructure built to international standards.
Project BRIDGE aims to deploy 90,000 kilometres of fibre-optic cables nationwide through a Special Purpose Vehicle (SPV) that will be capitalised with sovereign loans and private sector participation. In addition to the EBRD financing, the Federal Government is expected to receive support from the World Bank and the African Development Bank.
The EU’s €22 million package combines technical assistance with investment support to speed up project preparation and strengthen implementation capacity. It will fund low-level design work for about 40,000 kilometres of the planned network, including route mapping, crossing surveys, digital planning, quality assurance and security risk assessments aligned with global best practices.
Officials said this groundwork would provide the SPV with a ready-to-execute blueprint, enabling immediate rollout once financing arrangements are finalised and the vehicle is established with at least 51 per cent private sector ownership.
Beyond infrastructure, the grant is expected to deepen Nigeria’s digital skills base. About 2,000 technicians will receive specialised training, while small subcontractors will gain access to pooled procurement systems and equipment subsidies designed to reduce entry barriers.
Authorities estimate that these measures could lower deployment costs by between 20 and 30 per cent, while promoting adherence to Nigerian and EU quality standards and encouraging participation of European technology suppliers in the fibre supply chain.
The intervention forms part of the EU’s broader Global Gateway strategy, which supports investments in digital infrastructure, public services and human capital development across partner countries.
For Nigeria, the partnership signals renewed international backing for its ambition to build a resilient, open-access broadband network capable of driving economic growth, innovation and digital inclusion nationwide.
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
News
Troops repel insurgents, neutralise suspected informant in Borno
Troops repel insurgents, neutralise suspected informant in Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have repelled suspected insurgents and neutralised a suspected informant during operations in Ngamdu area of Borno.
Military sources said the action followed signals intelligence indicating that suspected Boko Haram elements were massing.
At about 2:30 a.m. on Feb. 18, troops carried out a fire mission on the identified area, forcing the insurgents to disperse and abort their suspected plan.
Shortly afterward, at about 3:45 a.m., troops engaged and neutralised a suspected insurgent informant who attempted to breach the trench defensive position in Ngamdu.
Sources said the troops immediately conducted a search of the surrounding area after the encounter but made no further contact with fleeing suspects.
Troops repel insurgents, neutralise suspected informant in Borno
News
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
By: Zagazola Makama
Troops of Operation Hadin Kai have disrupted a suspected terrorist gathering and arrested five suspected arms smugglers during separate operations in Yobe State.
Security sources said that at about 6:21 p.m. on Feb. 17, troops conducted a fire mission following credible intelligence that terrorists were converging in large numbers on motorcycles at Mangari, about 10.6 kilometres from the location of the 135 Special Forces Battalion in Buratai.

The swift action forced the insurgents to disperse in disarray, effectively disrupting their suspected plans.
In a separate development, troops of the Forward Operating Base (FOB) Potiskum apprehended five suspected arms smugglers and abductors at about 4:30 a.m. on Feb. 18 at a checkpoint along the Gombe–Potiskum road.

Those arrested included a 41-year-old suspect, Baba Abare, who was found in possession of an AK-47 rifle, alongside four others identified as Idris Zakari, 33; Nasiru Aliyu, 25; Abdullahi Sulaiman, 35; and Mohammed Idris, 34, all said to be indigenes of Potiskum town.

The suspects were intercepted in two Golf Wagon vehicles bearing registration numbers Borno NGL-506XA and Kaduna DKD16-01.

They were disarmed and handed over to appropriate authorities for further investigation.
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
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