Women Entrepreneurs Finance Initiative

Monthly Update  Jun 30, 2021

Chancellor Merkel Announces New Commitment for We-Fi, Supporting Women Entrepreneurs Around the World

New funding is welcomed as We-Fi launches fourth call for proposal to back WSME programs

We-Fi today welcomed a new commitment of 25 million euro by the German government to supporting women-led businesses in developing economies. The new contribution comes as We-Fi launches today its fourth call for proposals, making available up to USD 50 million to through six multilateral development banks, to continue to support the Covid-19 recovery of women-led small and medium enterprises around the world. Learn More...
Funding Announcement

We-Fi’s 4th Round of Funding to Support WSMEs to Build Back Better From the COVID Crisis

We-Fi is pleased to announce its fourth call for proposals. This round has been designed to enable We-Fi to be more strategic and targeted in addressing the current challenges and opportunities for women entrepreneurs in the context of the COVID crisis. Learn More...

Download: Overview of We-Fi 2020 results
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(Arabic, French, Russian, Spanish versions forthcoming)

From the Secretariat

Introducing new Implementing Partner pages

We-Fi Secretariat this month announced the newly designed pages for its Implementing Partners, featuring project highlights, knowledge products, and results stories from around the globe. Learn More...
View the new Implementing Partner pages:
Recent Updates
IFC, We-Fi and Flat6Labs Partner to Support Startups and Spur Innovation in Jordan

With We-Fi support, IFC is investing in Flat6Labs Amman, an accelerator and early stage VC fund, that aims to have seed funds of up to $20 million to invest in more than 90 Jordanian start-ups over the next five years. Learn More...

IsDB Launches BRAVE Women Nigeria Project

The Islamic Development Bank (IsDB) launched an application portal of the Business Resilience Assistance for Value–Adding Enterprises (BRAVE) Women Nigeria Project. Grant applications are now open to women-led SMEs, lead firms and business associations. Learn More...

IFC Launches New Supplier Diversity Program, Sourcing2Equal Kenya

Sourcing2Equal Kenya is a three-year program implemented by IFC with the support of Norway and We-Fi. The project aims to increase access to corporate procurement opportunities for WSMEs in Kenya. Learn More...

Gender-Inclusive Sourcing in Bangladesh: Key Findings

The World Bank Group, in partnership with the Ministry of Commerce of Bangladesh and with implementation support from WEConnect International, administered a survey to understand the gender-inclusive sourcing landscape in Bangladesh.  Learn More...

IFC and the African Development Bank (AfDB) Launch Program to Support Women Farmers in Côte d’Ivoire

Supported by We-Fi, IFC and AfDB's Affirmative Finance Action for Women in Africa (AFAWA) initiative announced a new partnership program to boost access to finance of thousands of Ivorian women smallholder farmers in the staple food sector. Learn More...

Global Gender Finance Initiative Sets New $15 Billion Fundraising Goal

The 2X Challenge, founded by the Development Finance Institutions of the G7 nations, announced that it would raise $15 billion for gender-lens investment after surpassing its original target by 100 per cent. Learn More...

Upcoming Events
EBRD 2021 Annual Meeting and Business Forum  

The European Bank for Reconstruction and Development (EBRD) will live stream the Opening Session of the Board of Governors, and discussion panels during next week’s EBRD 2021 Annual Meeting and Business Forum, held virtually this year and hosted by the UK. Learn More...

Generation Equality Forum

Join the Generation Equality Forum in Paris – a milestone global event to advance action and investment for gender equality. Watch Online...

IDB Group - Diversity 2.0 Webinar

On July 1, Inter-American Development Bank (IDB) will host a webinar to discuss findings of an investigation carried out by IDB and the Aequales foundation, about the use of technology to increase diversity in companies and organizations. Learn More...

G20 International Ministerial Conference on Women’s Empowerment 

The 2021 G20, under the Italian presidency, has announced an International Ministerial Conference on Women's Empowerment, to be held on August 26, 2021. Learn More...

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