RENEW International Canada, Ltd.
$14,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Ethiopia
- Fiscal year
- 2021-2022
- Agreement period
- March 25, 2022 – December 31, 2028
- Reference
- CA-3-P009812001
Published purpose
The Accelerating Women’s Business Growth (AWBG) project advances gender equality within Ethiopia's private sector while fostering financial returns aligned with investor expectations. The project supports women entrepreneurs, executives, and managers in overcoming systemic barriers hindering small and medium enterprise (SME) growth and career advancement. The project aims to promote economic growth by generating 9,000 quality jobs for individuals in rural and urban areas, focusing on empowering women through leadership roles. Also, it aims to attract CAD 81 million in capital investments into gender-smart SMEs in Ethiopia. Project activities include: (1) establishing a women entrepreneur collective, a virtual and in-person training platform for smaller companies to learn from and network with larger ones; (2) providing training and investor facilitation support tailored to various women-owned SMEs; and (3) building gender or impact-focused investors awareness of Ethiopian investment opportunities in gender smart SMEs.
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