Islamic Development Bank (ISDB)

  

  • Supported the preparation of the Proposal for Funding under the Women Entrepreneurs Finance Initiative (We-Fi) the Business Resilience Assistance for Value-adding Enterprises (BRAVE) for Women “BRAVE WOMEN” Program in Mali, Yemen and Nigeria. The Initiative was granted USD 32 million under the We-Fi Trust Fund to promote and enhance the resilience of women-owned and -led SMEs in fragile contexts, recognizing their untapped economic potential. It will increase business growth opportunities for women entrepreneurs by boosting investment and providing capacity-building support. The BRAVE Initiative will support over 2,000 women-owned/led SMEs in to further increase and expand their respective businesses and enter new markets which will result in increased profits for further business growth. The initiative is also expected to create almost 5,500 new jobs for youth both men and women. http://www.worldbank.org/en/news/press-release/2018/04/19/women-entrepreneurs-finance-initiative-allocates-first-round-funding
  • As part of our advisory services, high level review and analytical support has been provided to the ISDB’s first ever Women’s Empowerment Policy. This new Policy will strengthen further the Bank’s engagement with member countries in supporting national and regional targets in promoting women’s economic empowerment, support to improving the living standards for families and especially women in the reproductive age, promoting better education and health for women and children, while also focusing on increasing the number of women and girls who have access to skills training for the jobs of the future.