Empowering women, growing businesses, transforming the economy.
The Bank of Industry (BoI) and MTN Nigeria Foundation have unveiled a N1 billion Y’ellopreneur 3.0 Matching Fund to support women-led businesses nationwide. The initiative provides loans up to N5 million, equipment financing, and structured training to scale small enterprises to industrial levels.
BoI’s Dr Olasupo Olusi said the programme aligns with the bank’s 2025–2027 enterprise development strategy, while MTN Foundation Chair, Mosun Belo-Olusoga, stressed women’s empowerment as key to national growth. The fund targets sectors like agro-processing, fashion, energy, waste management, light manufacturing, and digital services, aiming to build 30,000 female-led businesses in five years.
Beneficiaries will undergo five-week training by Pan-Atlantic University, ending with actionable growth plans. Lagos State Governor’s wife, Ibijoke Sanwo-Olu, highlighted the fund’s role in tackling unemployment and promoting financial inclusion.
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