Tue. Apr 16th, 2024

In a world where women are increasingly breaking barriers and reshaping industries, The Coca-Cola Foundation (TCCF) has provided funding to International NGO, Women In Africa (WIA), to support Nigerian female entrepreneurs through their initiative- JAMII Femmes.

Launched in 2022 across Nigeria, Kenya, and Ivory Coast, and aiming to accelerate 14,000 African women entrepreneurs over two years through funding, business incubation, mentorship, and new networking opportunities, Jamii Femmes is fostering a powerful economic transformation on the continent.

Following the completion of Cohort 1 of the program in Nigeria, an intensive bootcamp in Lagos for 20 outstanding participants was inaugurated to further build acumen and critical business skills needed for the acceleration and scaling of respective small businesses. The intensive bootcamp focused on developing critical business acumen, expanding their professional network, and facilitating the development of their enterprises by fostering a deeper understanding of the legal and socio-economic context of the Nigerian business terrain.

Speaking about the initiative, Saadia Madsbjerg, President of The Coca-Cola Foundation, underscored the Foundation’s unwavering mission to create positive change within every community the company serves.

“This partnership marks an important milestone for our Foundation’s commitment to unlock opportunities that enable greater economic inclusion for underrepresented communities,” said Saadia Madsbjerg, President of The Coca-Cola Foundation.

“Our goal is to leave a measurable and lasting impact to our communities, wherever they live. Our partnership with JAMII Femmes, aims to tackle some of the challenges that women face in succeeding in business, by supporting the economic resilience of African female-owned enterprises and, ultimately positively impact their communities”, she further noted.

Echoing these sentiments, Hafsat Abiola, President of Women In Africa, asserted that empowering African women extended beyond economic growth and encompasses unlocking their boundless potential and creativity. She highlighted that the JAMII Femmes initiative would continue to equip women with the necessary skills, knowledge, and resources to overcome challenges and become influential leaders who would in turn shape Africa’s future.

High point of the closing ceremony was the award of $1,600 business seed grant to participants with the Laureate grant award of $10,000 going to Chioma Echegwisi, Founder of Davichi Farms and Agrotech Nigeria Limited, for her brilliant presentation throughout the keenly contested stages of the empowerment program. According to the organizers, the grants will go towards accelerating and implementing the business expansion plans developed by the grant recipients during the program and bootcamp.

The success stories emerging from the JAMII Femmes initiative continue to inspire countless aspiring female entrepreneurs, exemplifying the initiative’s transformative potential. Through its unwavering commitment to female empowerment, The Coca-Cola Foundation moves to shatter stereotypes and challenge more women to pursue their entrepreneurial ambitions.

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