Building the gender-lens investing ecosystem for women climate entrepreneurs to grow scalable climate-related businesses in Sub-Saharan Africa.
Through this project, ANDE, in consortium with the Aga Khan Foundation Canada (AKFC) and World University Service of Canada (WUSC) with funding support from Global Affairs Canada (GAC), seeks to build the gender-lens investing ecosystem for growth-oriented women entrepreneurs to grow scalable climate-related businesses in Sub-Saharan Africa. AWCE will contribute to poverty reduction and response to climate change by identifying and promoting good practices to support women entrepreneurs in climate-related value chains and developing a road map for international development stakeholders to provide further gender-responsive support to women climate entrepreneurs and intermediaries.
The AWCE Fund has awarded projects in Sub-Saharan Africa to address the financing gap and support the growth of women climate entrepreneurs in the SGB sector. Winners receive one-year grants of $30,000-$65,500 to test models for increasing gender-lens investing into women climate entrepreneurs through innovative approaches. The call for applications was released in July 2021 and three winners were announced in November 2021.
Implementing a green sector hackathon for 100+ female entrepreneurs in Rwanda and supporting up to 15 selected teams to develop and validate their sustainable solutions over a period of eleven months.
Promoting women-led markets in Malawi through upscaling and promoting the use of climate-smart fish processing technologies.
Piloting a technology-enabled, scalable, and needs-responsive digital “FutureFinance” platform that will list and match at least 200 women climate entrepreneurs in Kenya, Nigeria, Namibia, and South Africa to stage-appropriate funding.