Sudan - Accelerating Women Entrepreneurship and Access to Finance (AWEAF) Project


Project Summary

Approval Date 11 Dec 2020
Signature Date 21 Jan 2021
Planned Completion Date 30 Jun 2026
Sovereign / Non-Sovereign Sovereign
Sector Social
DAC Sector Code 15170
Environmental Category 3
Commitment U.A 9,970,000
Status Implementation

Project General Description

The Accelerating Women’s Entrepreneurship and Access to Finance (AWEAF) project is designed to address capacity, financing, and knowledge gaps for Sudan’s women entrepreneurs. It’s designed to help women in Sudan access finance and grow their businesses. The AWEAF project aligns with the Bank’s Jobs for Youth in Africa Strategy and its gender strategy, while contributing to economic growth in the two target states in Sudan. This operation is expected to lead to an average 10% growth in business revenue for the women business owners and the creation of 1,200 full-time equivalent jobs, especially for young women. Under the project, 570 micro, small and medium enterprises owned or led by women are expected to receive high quality technical and business development training and a finance pot of up to $11 million.

Project Objectives

The project aims to help women to access quality business development services and financing as well as improving the quality of services provided by financial institutions serving women entrepreneurs in Sudan’s Khartoum and Red Sea states.

Beneficiaries

Les principaux bénéficiaires du projet sont les femmes entrepreneurs des deux Etats cibles du Soudan.

Participating Organization

Funding
Fragile States Facility
Implementing
GOVERNMENT OF SUDAN

Information

IATI identifier 46002-P-SD-ID0-004
Last Update 01 Dec 2021

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Contact Details

Name NDAO Joséphine Aissatou
Email j.ndao@afdb.org

Geographic Location

Country Sudan