Flourish Africa Trains 515 Female Entrepreneurs; Raises Grant to N1.3 billion

In a successful move, Flourish Africa has trained 515 female entrepreneurs’ 3^rd cohort, increasing its grant funding to N1.3 billion. Founded in 2016, this firm is an NGO for female empowerment which was established by Apostle Folorunso Alakija, a leading businesswoman and philanthropist.

In addition, a total of Business and Life Skills Training Programme’s 100 graduates have received seed grants at the recent Grant Award Ceremony and 8th Annual Conference that took place Lagos. The seed grants which were given to these graduates was of N3 million each after they excelled in business pitch competitions.

Apostle Folorunso said, “When women have access to economic resources and equal opportunities, they improve their well-being and that of their families. This empowerment enables them to participate in and influence economic decision-making within society, thereby contributing to eradicating poverty and fostering economic growth.”

Moreover, Sorami Enterprises CEO Olufunto Igun added, “Trust, mutual respect, and setting SMART goals are essential. With effective mentorship, women entrepreneurs become self-sufficient and can empower others.”

The conference was held with the theme ‘She-Champions: Elevating Women’s Participation in Economic Development’, featuring notable business leaders who shared insights about on women’s economic empowerment. It gave women leaders a platform to express their opinions and viewpoints.