Letshego Nigeria has won the prestigious 2023 Affirmative Finance Action for Women in Africa (AFAWA) Award at the just-ended African Banker Awards. The awards were held in Sharm-El-Sheikh, Egypt on 24th May 2023. Letshego was feted for allocating at least 63% of its loans to women-led SMEs in just one year. The award is a joint initiative of the African Development Bank (AfDB) and African Guarantee Fund, that acknowledges and encourages initiatives aimed at propelling financial inclusivity for “Women across the African continent”. The AfDB’s AFAWA is a Pan-African initiative to bridge the $ 42 billion financing gap facing women…
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