Reflections on the climate session held in the FinEquity Africa Annual Convening 2024 in Addis Ababa Ethiopia, exploring challenges and proposing what will be required for approaches with effective design and delivery of climate-smart financial solutions that will help women build resilience.  

Since March 2022, the Amazons of Côte d’Ivoire have created nearly 2,000 Village Savings Groups (VSLAs) with over 45,000 members across the country. Amazons are women members of VSLAs who are leaders in their communities. In this blog, CARE’s Aisha Rahamatali highlights how 49 women are using locally-led initiatives in the form of VSLAs to provide financial resources to women and girls in their communities and lift them out of poverty. 

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

This strategy aims to address the $1.7 trillion gender gap by providing responsible financial services to underserved women, women-owned, and women-led businesses in developing markets.

The National Bank of Samoa (nbs) is developing a suite of new banking products that would benefit women entrepreneurs and improve remittances in Samoa with the support of IFC and the New Zealand Government.

Apply to this program delivered by experts from Women’s World Banking, AIR, NYU, and UPenn, focusing on cutting-edge technology and closing the gender gap in financial inclusion.

The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

Drawing from interviews across Africa and Latin America, this report explores the challenges faced by female entrepreneurs and proposes solutions.