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Low level of exposure, literacy hinder women’s financial education

According to the World Bank, there is a 14 per cent gap between men who own bank accounts and women who don’t. What this means is that more women (than men) are financially excluded even though they are major drivers of the informal economy and the more popular caregivers at the domestic front. This is the reason Onyeka Akpaida is leading a campaign, through Rendra Foundation, to improve the resilience and economic outcomes of underserved women by encouraging them to become financially included and financially literate.

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How Ghana’s New Digital Finance Policy Can Drive Women’s Inclusion

Ghana made waves earlier this year when it launched the world’s first digital financial services (DFS) policy, building on the past five years of explosive DFS growth in the country.

There are reasons to be optimistic that this target is achievable for men, who already reached 62 percent account ownership in 2017, but what about women? Can the new policy help to close the gender gap?

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World Humanitarian Day 2020 – A Tribute to Real Life Heroes

You have not started living until you start giving”- Onyeka Akpaida

The humanitarian crisis has always existed and sometimes when it is not close to home; it is easy to ignore. The Covid-19 pandemic is definitely one that has in a morbid way, united us globally.

In the face of this global pandemic, increased poverty and growing insecurity, humanitarians and front-line workers are going beyond their duty call to make life bearable for those who have been most affected by the pandemic and insecurity crisis.

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Leveraging Digitized Social Welfare Programs to Deepen Female Financial Inclusion in Africa

The McKinsey Global Institute estimates that widespread adoption and use of digital payments and financial services could increase the GDP of all emerging markets by $3.7 trillion by 2025. This additional GDP could create up to 95 million new jobs, raise overall productivity and investment levels, and make government spending more efficient. Interestingly, no one stands to benefit more from this growth than women.

It is a fact beyond argument that women and girls shoulder the global burden of poverty. Decades of research show that poverty deprives women of vital health, education, and socioeconomic opportunities throughout their lives.

For women in low and middle-income countries, digital savings, credit, and payments services can provide them with a critical link to the formal economy and a gateway to greater economic security and personal empowerment. When women-headed households in Kenya adopted mobile money accounts, poverty dropped, savings rose, and 185,000 women left agricultural jobs for more reliable, higher-paying positions in business or retail

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Covid-19 & its Impact on Financial Inclusion in Nigeria.

Our founder and Chief Impact Officer, Onyeka Akpaida was featured by Business Day where she shared insights on Covid 19 and its impact on financial inclusion in Nigeria.

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100 Women Leading Change in Development Across Africa

Our founder, Onyeka Akpaida was listed among 100 women leading change in development across Africa alongside Ngozi Okonjo Iweala, Ndidi Nwuneli and Bolanke Austen Peters.

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Menstrual Hygiene Day 2020

In the face of a pandemic, relief efforts are focused on essential items like food and sanitary products take a back seat as they are deemed as non-essential items.

Low-income and forcibly displaced women and adolescent girls were economically vulnerable before the pandemic; you can’t even imagine how dire their current situation is.

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Empowering African Women in Rural Communities

In celebration of IWD 2020, Our founder, Onyeka Akpaida, was contacted by The Spark magazine to do a feature for the #WonderWoman edition.

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Covid-19 Relief Project at the Kuchingoro IDP Camp – April 2020

One of the major effects of this pandemic is lack of access to essential items like food especially among the vulnerable population. Micro-business owners and workers earning daily wages took a hit as their earnings were greatly affected as a result of the lock down measures by the government.

Putting all these into consideration, we reached out to 130 women and their families at the Kuchingoro IDP camp and the host community in April 2020. Each relief pack had portions of Rice, Garri, Noodles, Sachets of Tomato Puree, Groundnut Oil and Sugar with the generous donation from some amazing humans. We made the women stand in orderly lines while observing social distancing and ensured the elderly women were seated and given priority.

The coordinator for the women, Ladi Matthias expressed their gratitude on behalf of the women as they were super stoked to be reached out to by the fountain. They kept showering praises and thanks to everyone that contributed in making the outreach possible.
You can see pictures and videos from the programme in our gallery.