FSDH Merchant Bank has channeled over $3.9 million into enterprises led by women across a five-year span, delivering this update during its fifth Women in Business Initiative summit in Lagos. The institution worked alongside Bank of Industry, the International Finance Corporation, the Africa Growing Together Fund and WEAV Capital to create tailored financing packages for female business owners. Executive Director Stella-Marie Omogbai noted that capacity programs reached more than 500 women-led small and medium enterprises, while summits and masterclasses engaged an additional 2,000 participants.
Managing Director Bukola Smith reinforced the bank's mission to dismantle obstacles blocking women from credit and market opportunities. A...