Women's access to finance requires stronger policies, partnerships, AICL boss tells Abuja expo

By

Ambassador Maureen Tamuno has called for stronger policies and partnerships to give women greater access to finance, investment opportunities, markets and leadership positions. She spoke at the closing session of the 2026 Abuja Business and Investment Expo (ABIE 3.0), where the final day was dedicated to Women's Impact Day under the theme, “Shaping the Future: Her Voice, Her Vision, Her Legacy.”

Move beyond gender-inclusion commitments

Tamuno, the Group Managing Director of Abuja Investments Company Limited (AICL), said women are critical drivers of economic transformation and enterprise development. She urged governments, development partners and the private sector to move beyond gender-inclusion commitments and implement practical measures that expand opportunities for women-led businesses.

According to her, empowering women is no longer simply a social responsibility but an economic necessity capable of boosting productivity, strengthening communities and supporting sustainable development.

“Our theme reminds us that inclusive development cannot be achieved without empowering women to lead, innovate, invest and create lasting change,” she said.

Fund the laws you sign

Delivering the keynote address, Ghana's Deputy Chief of Staff (Administration) and former Minister of Gender, Nana Oye Bampoe-Addo, challenged African governments to back progressive legislation with adequate funding. She said many African countries have introduced reforms covering land ownership, maternal healthcare, childcare and women's empowerment, but inadequate funding has limited their impact.

“Please fund the laws that you sign,” Bampoe-Addo said, urging governments to invest in childcare, maternal health and land reforms that can remove barriers to women's economic participation.

She also called on civil society organisations to help connect women operating in the informal economy with banks, government agencies and business support programmes. Bampoe-Addo further advocated easier cross-border movement for women traders, saying the removal of trade barriers would help advance the objectives of the African Continental Free Trade Area (AfCFTA) and unlock new opportunities for women entrepreneurs.

FCT backs women-owned businesses

The Minister of State for the Federal Capital Territory, Dr. Mariya Mahmoud, said investing in women-owned businesses would generate significant economic returns through job creation, innovation and stronger household incomes. She reaffirmed the FCT Administration's commitment to improving the ease of doing business through infrastructure development, business-friendly reforms and policies that encourage private-sector investment.

Reviewing ABIE 3.0, Tamuno said the three-day expo had strengthened Abuja's profile as an emerging investment destination by facilitating strategic partnerships, investment discussions and enterprise development. She added that the expo showcased investment opportunities across the FCT and facilitated the signing of Memoranda of Understanding expected to attract fresh investment and support sustainable economic growth.

What the expo means for Nigerian businesses

The event, held at the President Bola Tinubu International Conference Centre, ended with a consensus that women's economic empowerment is crucial to driving inclusive growth, innovation and national development. Participants urged investors and policymakers to recognise women as pivotal to Africa's transformation, stressing that investing in women is not an act of charity but a strategic move for sustainable development.

Forex News

Nigerians Paid N208.15bn for Electricity in May 2026, NERC Data Shows
ABOKI FOREX
Women's access to finance requires stronger policies, partnerships, AICL boss tells Abuja expo
ABOKI FOREX
Nigeria's public debt hits N159.35tn in Q1 2026, DMO says
ABOKI FOREX
Consumer goods giants spend N75 of every N100 earned as costs bite
ABOKI FOREX
SEC launches probate clinic to unlock unclaimed dividends, inherited investments
ABOKI FOREX
N150,000 to N250,000 earners feel inflation most, CBN survey shows
ABOKI FOREX
OpenAI raises alarm over critical cyber risk in Astra AI model, weeks after Hugging Face breach
ABOKI FOREX
UK expands Global Talent visa to more than 100 firms, new pathway for Nigerian researchers
ABOKI FOREX
Kuda Bank opens 2026 SIWES internship applications for Nigerian undergraduates
ABOKI FOREX
NNPC cuts petrol prices again in Lagos and Abuja, second reduction in five days
ABOKI FOREX