King Baudouin Foundation recognizes Her Initiative

Her Initiative has been awarded with 2023-2024 Africa Prize by the King Baudouin Foundation in recognition of the work it has done in order to unlock the economic potential of women along with tackling crisis for the unemployment of youth, and accelerate economic and social development in sub-Saharan Africa.

In addition, a significant progress can be seen regarding women's empowerment and women's rights in Tanzania. However, women in poverty still remains at 60% while many of them doesn’t event have the access to the required resources which they need to carve their future as well as participating in economic development.

Ms Lydia Charles Moyo, Her Initiative’s founder and executive director stated, “My friends and I experienced these barriers when we were in high school, and so we started to look for solutions to the challenges we were coming up against. And that's how Her Initiative started....We already support young women to build their financial resilience in six Tanzanian regions, but with the KBF Africa Prize, we will be able to scale our work to help so many more women achieve their dreams in Tanzania and beyond.”

Moreover, Chair of the KBF Africa Prize Selection Committee 2023-2024, Bilikiss Adebiyi-Abiola added, “The selection committee was highly impressed with Her Initiative's combined approach to advancing women's rights and financial independence. Coupled with its innovative use of modern technologies and strategic local partnerships, Her Initiative is a highly deserving recipient of this year's KBF Africa Prize. We look forward to seeing what the team achieves in the years to come.”