Daily Trust

UN, Stan­dard Bank to equip women for Agribusi­ness

- From Risikat Ra­moni, La­gos Business · Hunger · Nigeria News · Finance · Women's Rights · Agriculture · Social Issues · Society · Human Rights · Industries · United Nations · Standard Bank Group · Africa · Nigeria

The United Na­tions Women and Stan­dard Bank said they will equip more women farmers in Africa with the skills and re­sources to grow their busi­nesses.

Stan­dard Bank has pro­vided S$3 mil­lion and on­go­ing sup­port through fi­nan­cial lit­er­acy and other pro­grammes to women in the con­ti­nent.

In Nige­ria, the fund which was dis­bursed in 2019, is cur­rently sup­port­ing 2,300 women ben­e­fi­ciary agri-busi­ness groups and co­op­er­a­tives to in­crease the pro­duc­tiv­ity and prof­itabil­ity of their op­er­a­tions within the rice and shea-nut value chains. It will ul­ti­mately de­liver as­sis­tance to 12,500 rural women in the coun­try.

The Cli­mate Smart Agri­cul­ture (CSA) project is closely aligned to the UN Sus­tain­able De­vel­op­ment Goals, with its fo­cus on gen­der equal­ity, ac­cess to de­cent work, and eco­nomic growth.

Chief Ex­ec­u­tive of Africa Re­gions of the bank, Sola David-Borha said: “We be­lieve the CSA project will not only drive the con­ti­nent’s growth but also con­trib­ute to uplift com­mu­ni­ties and the achieve­ment of sus­tain­able eco­nomic growth across Africa.”

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