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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
Bandits kill seven Zamfara Community Protection Guards, cart away firearms

Bandits kill seven Zamfara Community Protection Guards, cart away firearms
By: Zagazola Makama
Armed bandits have killed five members of the Community Protection Guard (CPG) and two civilians in a deadly attack in Jangebe town, Talata Mafara Local Government Area of Zamfara State.
Security sources told Zagazola Makama that the attack occurred on Friday afternoon when five CPG personnel, including their Unit Commander, went to assist in cultivating a farm on the outskirts of the village.
The victims were ambushed by the assailants while working on the farm and all five CPG members were shot dead. Two other civilians – a male and a female – working on a nearby farm were also killed during the assault.
Security sources said two pump-action rifles belonging to the CPG were stolen by the attackers.
Security forces have launched a manhunt for the fleeing bandits and vowed to bring the perpetrators to justice.
Bandits kill seven Zamfara Community Protection Guards, cart away firearms
News
Troops foil suspected bandit attack, intercept surveillance drone in Katsina

Troops foil suspected bandit attack, intercept surveillance drone in Katsina
By: Zagazola Makama
The Nigerian Army troops of Operation FANSAN YANMA have foiled a suspected banditry attack on military camps located around Sabuwa and Faskari Local Government Areas, and intercepted an unidentified surveillance drone suspected to have been deployed by the criminals.
Zagazola Makama gathered that the incident occurred at about 10:25 p.m. on Wednesday, July 17, when armed men on motorcycles were sighted moving suspiciously around Maiganguma village axis in the two LGAs.
According to security sources, a drone was simultaneously observed hovering over the general area of Dandume and Machika villages, particularly around the perimeters of the Operation Sharan Daji Camp and Machika Military Super Camp.
Troops stationed in the vicinity reportedly made inquiries across security formations to confirm whether the drone belonged to any friendly forces. All units, however, denied ownership or deployment of any drone in the area.
After a few minutes, the drone was seen maneuvering behind the Wori Rock and later re-emerged in the air, prompting patrol teams to open fire. The suspected operator reportedly flew the drone back towards Wori Rock, after which it vanished.
Troops gave chase to the motorcycle-riding suspects who fled into the bush, evading capture. No casualty was reported during the incident.
Security authorities said investigations were ongoing to identify the drone operators and uncover any surveillance or targeting plans linked to the suspected bandits.
Troops foil suspected bandit attack, intercept surveillance drone in Katsina
News
Bandits rustle cattle, injure two in Katsina; ambush police, damage patrol APC

Bandits rustle cattle, injure two in Katsina; ambush police, damage patrol APC
By: Zagazola Makama
Armed bandits in the early hours of Friday stormed Unguwar Gada Village in Kafur Local Government Area of Katsina State, rustling an undisclosed number of cattle and injuring two villagers in the process.
Zagazola Makama gathered that the attackers, who struck at about 12:45 a.m., fled with the stolen livestock through Rereji Village in neighbouring Malumfashi LGA.
During the raid, the assailants shot two residents identified as Sani Yau, and Umar Shamsu, both of whom sustained gunshot injuries and were rushed to the General Hospital in Malumfashi for medical attention.
Police personnel and other joint forces respond to the incident. However, the bandits laid an ambush for the security operatives and opened fire on them.
In the course of the attack, the front tyres of the police Armoured Personnel Carrier (APC) were destroyed, and its engine also sustained significant damage, rendering the vehicle immobile.
Security forces have intensified patrols in the area and launched a manhunt for the perpetrators.
Bandits rustle cattle, injure two in Katsina; ambush police, damage patrol APC
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