In 2020, 37 percent of women in Sub-Saharan Africa had access to a bank account, compared with 48 percent of men. However when looking at South Africa, according to the World Bank, this have changed significantly over the past few years. Today, in Nigeria only 35% of women have access to financial services. Addressing the Financial Needs of Women in NigeriaThis is changing significantly with the promising introduction of innovative financial services geared towards addressing the needs and concerns of women and their financial progress. They have opened up a wealth of investment, savings and credit avenues for small holder women farmers in Nigeria.
Source: The North Africa Journal October 24, 2023 10:50 UTC