The British Deputy Excessive Commissioner, Mr. Jonny Baxter, reaffirmed the UK’s dedication to supporting inclusive financial development and sustainable growth throughout the nation.
He made this assertion on the second version of W.O.M.A.N by Alitheia, a high-level discussion board for Ladies in Manufacturing, Agribusiness, and Diet and key stakeholders, hosted by Alitheia Capital, a pioneer in gender-lens influence investing non-public fairness agency, in collaboration with Manufacturing Africa, a UK authorities programme centered on attracting International Direct Funding into the manufacturing sector, at his residence in Lagos.
Themed “Scaling Sustainable Manufacturing & Vitality Transition for Ladies-led SMEs in Africa,” this 12 months’s version introduced collectively a dynamic mixture of business leaders, ladies entrepreneurs, buyers, policymakers, and vitality resolution suppliers to discover the pivotal function of women-led companies in Africa’s sustainable industrial transformation.
The discussions addressed the acute pressures SMEs face amid surging gasoline costs and electrical energy tariffs – situations which have made sustainable vitality adoption each an environmental and financial crucial.
Insights from Alitheia’s personal portfolio reveals that adopting renewable vitality can reduce operational prices by as a lot as 60%, underscoring the monetary viability of fresh vitality for scaling women-led companies.
Contributors examined sensible pathways for girls entrepreneurs to entry clear vitality options, scale sustainable manufacturing practices, and contribute meaningfully to Africa’s inexperienced financial system.
In his remarks, the British Deputy Excessive Commissioner in Lagos, Mr. Jonny Baxter said: “We’re proud to collaborate with Alitheia Capital on W.O.M.A.N. (Ladies in Manufacturing, Agribusiness, and Diet) to drive Africa’s inexperienced industrial future.
Join free AllAfrica Newsletters
Get the most recent in African information delivered straight to your inbox
Success!
Virtually completed…
We have to affirm your electronic mail deal with.
To finish the method, please comply with the directions within the electronic mail we simply despatched you.
Error!
There was an issue processing your submission. Please strive once more later.
“We recognise the indispensable function of ladies on this transition and are dedicated to increasing entry to capital and functionality to make sure sustainable development.
“This occasion displays our shared imaginative and prescient for inclusive and transformative growth, and we’re dedicated to supporting this journey via focused investments and strategic non-public partnerships.”
Additionally talking, Co-Founder and Managing Companion at Alitheia Capital, Tokunboh Ishmael stated: “We’re not simply speaking about sustainability as a nice-to-have. It is an financial crucial, particularly for girls entrepreneurs on the coronary heart of Nigeria’s industrial transformation and thru W.O.M.A.N by Alitheia, we’re not solely spotlighting solutions–we’re scaling them.”
Alitheia Capital additionally launched Nzinga, its SME capacity-building platform designed to equip entrepreneurs with instruments for scaling their companies sustainably.
In parallel, Manufacturing Africa unveiled its Inexperienced Enterprise Constructing (GBB) accelerator, which can drive the expansion of inexperienced companies via strategic help on core enterprise issues, resulting in the event of an ecosystem for inexperienced manufacturing and inexperienced jobs in Nigeria.
