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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/gricspbr/public_html/wp-includes/functions.php on line 6114Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum (AWIEF) expected to facilitate the process of ensuring that women entrepreneurs have access to $300 million fund to boost their businesses.<\/p>\n
The State\u2019s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, who disclosed this to journalists yesterday at a media briefing at the Bagauda Kaltho Press Centre in Alausa, said the $300 million is a women\u2019s Economic Empowerment Fund set aside by African Development Bank (AFDB) for empowering African women.<\/p>\n Ashade said, \u201cLagos Women Economic Empowerment Initiative (LAGOSWEEIN) is an initiative designed for the women of Lagos state for the purpose of ensuring entrepreneurial capacity building, business skills upgrade and preparedness as well as to facilitate access to finance and other services within the framework of affirmative Finance Action.<\/p>\n \u201cToday\u2019s signing of partnership agreement is a milestone between Lagos State and AWIEF and all women in the state. This partnership is reaching a major step in line with Governor Ambode agenda for women in the state, towards their strategic economical empowerment.\u201d<\/p>\n \nThe commissioner further explained that the other partnership highlights include training, business coaching and technology transfer of the women through a detailed standard operating procedure.<\/p>\n He assured that the state government will honour its own part of the agreement which is to pay as and when due invoices presented by AWIEF based on mutually agreed budget.<\/p>\n The commissioner noted that exploring the collaborative opportunity in the state to derive maximum benefits for women-owned businesses is indeed a great opportunity for the entire state as it guarantees business and social development, financial freedom for Lagos women among many others.<\/p>\n Also speaking, the founder of AWIEF, Irene Ochem commended the state government for partnering with her organisation in empowering women.<\/p>\n<\/a>
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