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3/23/2016 1
Affirmative Finance Action for Women
in Africa (AFAWA)
3/23/2016 2
AFAWA Landscape
Credit gap for formal women
owned enterprises in SSA is USD
21-26 b (2011)
The ‘missing middle’ problem
needs to be addressed
Traditional financial services are
not adapted to all clients’ needs
Lack of access to information
between FIs and women
entrepreneurs
Market Scoping Study
• Identify financing needs for
women-owned businesses
• Determine resources
needed for identified
financial system
intermediaries
• Assess what is needed to
create an enabling
environment
• Recommend appropriate
intervention mechanisms &
results measurement
framework
3/23/2016 3
AFAWA’s Objective
Unleash women’s economic potential through
enabling more women’s businesses to access
Available Accessible Affordable finance
• By mobilizing about [USD300mln] to financial
intermediaries by 2020 through a partnership-
driven approach
• By supporting financial systems in Africa
• By measuring impact
3/23/2016 4
AFAWA’s Alignment with
AfDB’s Strategies
Gender
Strategy
Ten-Year
Strategy
Financial
Sector
Development
Policy &
Strategy Private Sector
Development
Policy &
StrategyGovernance
Strategic
Framework
And Action
Plan
3/23/2016 5
Co-
financiers
AfDB Group
Development
Partners
Other
Financiers
Financial Institutions
Ultimate Beneficiaries
Women in
Business
Women Micro
Enterprises / BoP
RMC Recipients
Equity
Investment
Donors
Smaller Financial
Institutions
AFAWA Programme
Enabling
Environment
Technical
Assistance
Financing
Facility
Empowerment Lab

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Stella Kilonzo, African Development Bank, Kenya, Empowering Women through Financial Inclusion Measuring our Impact

  • 1. 3/23/2016 1 Affirmative Finance Action for Women in Africa (AFAWA)
  • 2. 3/23/2016 2 AFAWA Landscape Credit gap for formal women owned enterprises in SSA is USD 21-26 b (2011) The ‘missing middle’ problem needs to be addressed Traditional financial services are not adapted to all clients’ needs Lack of access to information between FIs and women entrepreneurs Market Scoping Study • Identify financing needs for women-owned businesses • Determine resources needed for identified financial system intermediaries • Assess what is needed to create an enabling environment • Recommend appropriate intervention mechanisms & results measurement framework
  • 3. 3/23/2016 3 AFAWA’s Objective Unleash women’s economic potential through enabling more women’s businesses to access Available Accessible Affordable finance • By mobilizing about [USD300mln] to financial intermediaries by 2020 through a partnership- driven approach • By supporting financial systems in Africa • By measuring impact
  • 4. 3/23/2016 4 AFAWA’s Alignment with AfDB’s Strategies Gender Strategy Ten-Year Strategy Financial Sector Development Policy & Strategy Private Sector Development Policy & StrategyGovernance Strategic Framework And Action Plan
  • 5. 3/23/2016 5 Co- financiers AfDB Group Development Partners Other Financiers Financial Institutions Ultimate Beneficiaries Women in Business Women Micro Enterprises / BoP RMC Recipients Equity Investment Donors Smaller Financial Institutions AFAWA Programme Enabling Environment Technical Assistance Financing Facility Empowerment Lab