Folorunsho Alakija Awards $215,000 Grants to Support Women Entrepreneurs Across Nigeria
Folorunsho Alakija Awards $215,000 Grants to Support Women Entrepreneurs Across Nigeria
Folorunsho Alakija Awards $215,000 Grants to Support Women Entrepreneurs Across Nigeria
Nigerian billionaire philanthropist and business leader, Folorunsho Alakija, has awarded a total of $215,000 in business grants to women entrepreneurs across Nigeria, reinforcing her long-standing commitment to female economic empowerment through the Rose of Sharon Foundation.
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The grants, targeted at early-stage businesses in key sectors including agriculture, fashion, technology, and food services, are designed to help beneficiaries scale their operations, improve household livelihoods, and contribute meaningfully to community development.
Speaking on the initiative, Alakija reaffirmed her belief in women-led enterprises as powerful drivers of economic growth and social transformation, noting that empowering women entrepreneurs creates ripple effects that uplift families and strengthen local economies.
Beneficiaries of the programme expressed gratitude for the timely intervention, describing the grants as a lifeline that will enable them to expand production, access new markets, and create jobs within their communities.
The Rose of Sharon Foundation continues to play a pivotal role in advancing women’s entrepreneurship across the country, providing financial support, mentorship, and capacity-building opportunities aimed at fostering sustainable development.
Folorunsho Alakija Awards $215,000 Grants to Support Women Entrepreneurs Across Nigeria
