Ecobank has launched ‘Ellevate,’ a programme for women-owned and women-focused businesses across 33 markets.
The programme is designed to help women reach their full potential by empowering, growing and supporting them with customised financial and value-added solutions, according to a statement by the bank.
“The government recognises the contribution women are making to the socio-economic development of Africa. We believe women are the catalyst for change and prosperity. The Government of Togo continues to develop and implement policies and programmes that will promote the economic empowerment of women of all ages and social status.
“Togolese women have always played a critical role in the economy. We are pleased to see that the Ecobank Group, through the ‘Ellevate’ programme, offers to women an opportunity to take their rightful place in the economic development of our country and indeed across the continent. We will work with the private sector to tap into this great potential of African women and create inclusive business opportunities,” stated Togo’s Minister of Grassroots Development, Youth and Youth Employment, Myriam Dossou-D’ Almeida.
Also commenting on the initiative, Founder of Graca Machel Trustand Foundation for Community Development, Graca Machel, noted, “The empowerment of women is not only a developmental issue. It is very much an economic issue. Financial institutions that recognise the changes that are happening globally and are taking steps to ensure that they are participating in this emerging market, will more fully reap the economic benefit of their investment.”
