Female entrepreneurs to benefit Flourish Africa N1bn empowerment fund

Flourish Africa, a female empowerment Non-Governmental Organization, NGO, founded by Nigerian business woman and philanthropist, Apostle Folorunso Alakija, has unveiled N1 billion grants for Nigeria female entrepreneurs.

Also, the NGO signed pact with Eloh Consulting Limited, Google, and PricewaterhouseCoopers, PwC, as training partners to enhance Flourish Africa Business and Life Skills Training.

Speaking at a media briefing in Lagos, Alakija said that the N1 billion would be spread for a period of five years where a minimum of 500 female micro-entrepreneurs would be trained annually.

After the training, 100 successful entrepreneurs from the pool will access grants of a maximum of N2 million according to their business needs and capacities from an annual fund of N200 million.

She explained that Eloh Consulting Limited would train the female entrepreneurs in 10 modules of management development over three months; Google would train the entrepreneurs to use the “Google My Business” app to create visibility and grow their businesses while PWC will train the women on the tax regulations and requirements for doing business in Nigeria, to ensure tax compliant in their businesses.

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