Empowerment
Fidelity Partners ImpactHER to Empower 1,052 Female Entrepreneurs with Sales Skills

Fidelity Bank, a leading financial institution in Nigeria, has collaborated with ImpactHER to support 1,052 female entrepreneurs across the 36 states of Nigeria in addressing the challenges they face in their small and medium-sized businesses. Through diverse training on digital skills and direct business support, beneficiaries from two cohorts have been able to improve visibility for their businesses and consequently, increase sales.
The training, which commenced in January 2022, has had two cohorts that lasted for four weeks each, covering a myriad of topics such as Digital marketing, building your brand and selling online, etc. The participants were also assisted in putting their businesses on Google Maps, thus allowing customers and the global market to easily find and transact business with them.
Commenting on the partnership, Osita Ede, Divisional Head, Product Development at Fidelity Bank Plc said, “It has become imperative that female entrepreneurs in Africa are empowered to overcome the lack of digital literacy which impedes them from fully reaping the benefits of the digital transformation underway across Africa, and the world. We believe providing them this access will help them to thrive in their different businesses.”
According to Efe Ukala, Founder of ImpactHER, “Statistically, women and girls are 25 per cent less likely to leverage digital technology for basic purposes, 4 times less likely to know how to programme computers and 13 times less likely to file for technology patents. This therefore highlights the importance of equipping African women with digital skills that could be leveraged to scale their businesses. Let’s not forget that data shows that Africa can add 180 billion Dollars to its GDP by 2025 if we close the e-commerce digital gap.”
This intervention is critical as the Global Entrepreneurship Monitor for 2019/2020 highlighted that millions of women worldwide have started businesses over the last five years alone: the highest percentage of these women live in Africa, with approximately 26% of female adults engaged in entrepreneurial activity yet the World Bank confirms through data collected in ten African countries that on average, male-owned companies have six times more capital than female owned enterprises, resulting in monthly profits of female-owned enterprises that are, on average, 38% lower than male-owned businesses.
Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 6.5 million customers serviced across its 250 business offices and digital banking channels. The bank was recently recognized as the Best SME Bank Nigeria 2022 by the Global Banking & Finance Awards. The bank has also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
The bank boasts of a robust bouquet of products designed to help female-led small businesses run successfully including digital loans and HerFidelity -a proposition comprising exciting features such as capacity development initiatives, access to finance, recognition and networking events, health and wellness programmes, etc, all designed to speak to the yearnings of women.
Clementina Uzogor, the Programs Director at ImpactHER, highlighted the importance of helping women with skills like this to take their businesses to the next level. “At ImpactHER, it is our mission to ensure that we equip these women with tools for their businesses to thrive”, she explained.
She also appreciated Fidelity Bank for working with them to ensure the programme was successful and impactful. “It is important to let you know that this is not the end of this training. We will be deepening our partnership with Fidelity to train and support 5,000 more women-led small and medium sized businesses in the country before the year runs out”, she divulged.
An excited participant from the second cohort, Ms Akinyemi Oluronke, a fashion designer from Lagos underscored the benefits of joining the training for her business, “I’ve been able to build an online presence, people now know my business exists and I get a lot of calls from people who found my business online. I am very grateful for this platform and the overall increase in sales I now enjoy.”
According to Carine Nneka Achokwu, another participant from the January 2022 cohort and CEO of Carine Bakery, a company that produces pastries and cakes in Lagos, Nigeria, “I have been able to increase sales by 40% after using the tools that was provided to me such as “Google My Business” and people have been calling to order from me and I’ve also been able to reach more customers. I am thankful that I can get people to patronize my business just by tapping my phone based on the knowledge I acquired at this training.”
ImpactHER is an impact-driven nonprofit organization that empowers African female entrepreneurs by bridging the gender business financing gap so as to assist them in realizing their full economic potential. ImpactHER has since its inception trained, directly supported with investor-readiness and business scalability skills & tools to over 44, 275 women across 53 countries in Africa.
This partnership also provides follow-up training and support for the participants and is one of the ways ImpactHER and Fidelity Bank help these women scale up their offerings.
Empowerment
Wema Bank, Selar Partner to Empower Africa’s Creator Economy with a Webinar on “The Digital Economy and the Future of Work”

Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with Selar, Africa’s largest creator platform, to empower African creatives and bridge the prevalent gaps in the African creative space. This revolutionary partnership has birthed a power-packed webinar titled “The Digital Economy and the Future of Work”, a learning and problem-solving webinar aimed at helping Africans—especially Nigerian—creators to maximise their potential and leverage available resources to transform their creativity into sustainable streams of income.
In a world where work is evolving, the concept of employment is undergoing a profound transformation. The creator economy is reshaping the digital landscape, granting young individuals unprecedented opportunities to create and monetize knowledge as never before. Generation Z and Millennials are harnessing the creative space to attain financial independence by selling digital content and forging careers as creators.
Scheduled for September 29, 2023, this webinar promises to illuminate the challenges and prospects that creators encounter as they navigate this exhilarating terrain. It offers invaluable insights into effectively tapping into its potential.
According to a survey conducted by Selar, one in every four creators is an employer, a testament to the potential for creators not only to earn but to create job opportunities, thus bolstering the African Creator Economy as a stable and lucrative source of income. This, in turn, promises to reduce unemployment rates in Africa, contributing to the achievement of the Sustainable Development Goals.
Solomon Ayodele, Head of Innovation & Corporate Transformation at Wema Bank and one of the speakers at the event, commended the bank’s commitment to innovation, recounting the bank’s storied history of resilience and technological advancement. He affirmed Wema Bank’s dedication to equipping its customers with practical knowledge to help them monetize the digital sphere effectively.
According to Douglas Kendyson, the C.E.O. of Selar and another speaker at the event, the dream is for the partnership to mark the beginning of a strong network of groundbreaking initiatives from both powerhouses—Wema Bank and Selar—to revolutionise the creative space in Africa and build more jobs for Africans all over the world. “I’ve been in the tech space for years now and Wema Bank has been at the forefront of innovation—from digital banking alternatives like ALAT to youth-empowering technology programmes like Hackaholics and much more—all of which have shaped the entire FinTech industry, which is why this partnership is so important to us at Selar.
This highly anticipated event would demystify the complexities of the creative space, with a distinct focus on the African context. Key speakers for the webinar include Douglas Kendyson, Solomon Ayodele, Benjamin Dada (Founder/Publisher, Benjamin Dada Blog), and Senior Manoa, one of Nigeria’s premier creators. Attendees can expect to gain valuable insights into the challenges and opportunities faced by creators across the African continent, the pivotal role of financial institutions in fostering the growth of the creator economy, and practical guidance for establishing and enhancing successful online businesses with digital products.
This event welcomes attendees from all walks of life, from budding creators to established entrepreneurs eager to harness the dynamic potential of the creator economy.
Wema Bank, once again, redefines the global standard for banking and reaffirms its position as the bank that works tirelessly to support every stakeholder.
Mark your calendar for “The Digital Economy and the Future of Work” on September 29, 2023. To secure your spot, register for free at [https://bit.ly/WemaXSelar].
Award
Polaris Bank receives recognition for Supporting Women Empowerment

The International Women Society (IWS) Skills Acquisition Centre, Lekki, Lagos has honoured Polaris Bank with the prestigious ‘Providers & Enablers’ Award in recognition of the Bank’s remarkable commitment and significant contributions to women empowerment, particularly in the area of vocational, skills training and capacity building for women, as undertaken by the IWS .
The award ceremony was held at a special graduation ceremony last Thursday, July 27, 2023, at IWS Skills Centre, Lekki, Lagos.
Esteemed representatives from various organizations, community leaders, and women who have benefitted from the vocational and skills training programmes were present to celebrate the momentous occasion.
The IWS Centre, renowned for its dedication to uplifting women in the community, showcased a compelling video presentation that highlighted the transformational impact of the collaboration between the Centre and Polaris Bank. Through these skill-building programmes, women from diverse backgrounds have been empowered to pursue their passions, unlock their potential, and become self-reliant contributors to society.
Mr. Kehinde Akinwunmi, the Principal of the IWS Skills Acquisition Centre, Lekki delivered an impassioned speech expressing his gratitude to Polaris Bank for their unyielding support in nurturing the dreams and aspirations of countless women. He also emphasized the pivotal role played by the Bank in providing financial resources and scholarships for 21 students, enabling the Centre to expand its reach and positively impact the lives of even more women.
Responding to the recognition, Polaris Bank’s Head of Sustainability, Mrs. Yemi Akinrelere, who received the award on behalf of the Bank reaffirmed Polaris Bank’s commitment to advancing gender equality and promoting women’s empowerment in line with principle 4 of the Nigerian Sustainable Banking Principle and as a cornerstone of its Sustainability and Corporate Social Responsibility initiatives.
“At Polaris Bank, we believe that empowering women is not just a moral imperative, but an essential driver of social progress and economic growth. We are honoured to partner with the International Women Society Skills Acquisition Centre in their noble mission, and we remain committed to supporting women’s advancement and fostering an inclusive and equitable society.”
The collaboration between Polaris Bank and the IWS Skills Acquisition Centre continues to serve as a shining example of how public-private partnerships can catalyze positive change and uplift entire communities. By equipping women with the necessary skills and knowledge, both institutions have empowered many women – young and the not-to-old to seize new opportunities, break barriers, and become agents of change in their respective fields.
One of the landmark contributions of Polaris Bank to the IWS Skills Acquisition Centre was the donation of a multi-million-naira ICT Laboratory for digital and ICT-related capacity building for students of the Centre, amongst other supports.
Empowerment
Hope For Sure Foundation: Giving Wings to Nigerian Women, Children

Eradicating extreme poverty for all people everywhere by 2030 is a pivotal goal of the 2030 Agenda for Sustainable Development. When achieved, it will have ripple positive and significant impacts on social, political and economic state of the nation.
The United Nations is seriously committed to achieving this through its Millennium Development Goals MDGs and targets.
While MDG 1 seeks to eradicate extreme poverty and hunger, MDG 2 centres on universal primary education, MDG 3 seeks to promote gender equality and empower women while MDG 5 and 6 focus on maternal healthcare, malaria and other diseases.
This underscores the importance of the issues which concern not just Nigeria but Africa and the world.
In Nigeria, one of the moving force that is rallying the nation towards achieving the MDG goals is the Hope for Sure Foundation, as championed by the visionary Naomi Olapeju Sigismund.
A licensed broker, social worker, proud daughter of Abeokuta Ogun State, Nigeria and graduate of Business administration from Sheridan College, she also founded the African Canada investment and expo summit.
Through foundation, she has committed resources, network and expertise to significantly empowering women and children in many ways and via multiple initiatives.
Speaking about her passion in a media chat, she said, “Our mission is to improve the quality of life, offer relief from poverty through empowerment and advancement of education amongst youths.”
“Our foundation holds medical outreach twice yearly since 2015 to impact the lives of both young and old in the communities. We gave out 1000 free reading glasses in free treatment for over 3,000 people through our team of doctors in Nigeria.
“We empowered over 5,000 youth and women, fed over 3,000 children, and provided medically support for over
10,000 elderly men and women. We also assist HIV patients and victims of human trafficking,” she added.
Business Empowerment
Naomi Olapeju has provided platforms to support entrepreneurship building and empowerment for women and girls. She is known to be hardworking, dependable, reliable, diligent, versatile and an innovative humanitarian and philanthropist who has facilitated a cordial relationship between Canada and Nigeria with investment in humanity through international charity engagement.
In recognition and acknowledgment of her outstanding support towards societal development and progress, she’s a recipient of many award categories.
Hope for sure foundation was birthed out of her passion for humanity: giving hope to the hopeless, putting smiles on the aged, helping the rejected to feel loved, supporting the widows to be who they want to be regardless of how society has painted them due to the circumstances they found themselves, and helping youth to and their
purpose in life, picking the youth from the street and empowering them and lots more.

Her passion for service to humanity has taken her to different regions in Canada, different states in Nigeria and other countries freely giving back to humanity in her capacity.
Skill Acquisition
Through our program, many are helped to actualize their dreams by aiding the
underprivileged to obtain work with public or private organisations through academic certificates, providing a source of income, and enabling them to become positive contributors to the community.
Youth Empowerment
The foundation provides free development program aimed at creating opportunities that will encourage and develop the youths to be morally responsible, self-reliant and financially productive citizens.
Because youths will be the future of our country and there is a need to motivate them to do something for the development of themselves and the country.
Girl Child Education
The foundation offers education support to girls. This is borne out of our understanding that girl Child education, across the global, particularly in Africa and parts of Asia, remains key.
The marginalization of girls’ education is linked to religious and cultural practices. Poverty, poor infrastructure, violence, and fragility are other contributing factors inhibiting girls’ education. Similarly, child marriage is also a critical challenge facing girls all over the world.
According to UNESCO recent report, more than 41,000 girls under the age of 18 marry every day. A child birthing child is a disaster already happening. According to UNESCO estimates, around the world, 129 million
girls are out of school, including 32 million of primary school age, and 97 million of secondary school age. It has been observed in some climes that educated women
contribute to rapid socio -economic development.
Education gives women a disposition for a lifelong acquisition of knowledge, values, attitudes, competence, confidence, independence, and skills.
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