RicherFin · Sovereign Projects

Sudan - Accelerating Women Entrepreneurship and Access to Finance (AWEAF) Project — Sudan

Sudan · Khartoum · Women's equality organisations and institutions

Overview

The Accelerating Women’s Entrepreneurship and Access to Finance (AWEAF) project is designed to address capacity, financing, and knowledge gaps for Sudan’s women entrepreneurs. It’s designed to help women in Sudan access finance and grow their businesses. The AWEAF project aligns with the Bank’s Jobs for Youth in Africa Strategy and its gender strategy, while contributing to economic growth in the two target states in Sudan. This operation is expected to lead to an average 10% growth in business revenue for the women business owners and the creation of 1,200 full-time equivalent jobs, especially for young women. Under the project, 570 micro, small and medium enterprises owned or led by women are expected to receive high quality technical and business development training and a finance pot of up to $11 million.

Key project information

Official name
Sudan - Accelerating Women Entrepreneurship and Access to Finance (AWEAF) Project
Status
Approved
Current phase
Approved
Country
Sudan
Location
Khartoum
Sector
Women's equality organisations and institutions
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 10m
Expected completion
2026-06-30