{"id":470263,"date":"2021-03-24T11:01:54","date_gmt":"2021-03-24T11:01:54","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=470263"},"modified":"2021-03-24T11:01:54","modified_gmt":"2021-03-24T11:01:54","slug":"cameroon-ifc-and-activa-assurance-support-female-entrepreneurship","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/03\/24\/cameroon-ifc-and-activa-assurance-support-female-entrepreneurship\/","title":{"rendered":"Cameroon: IFC and Activa assurance support female entrepreneurship"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Activa Assurance with the support of the International Finance Corporation (IFC), the World Bank Group (WB) entity dedicated to financing the private sector, is making two new insurance solutions available to Cameroonian female entrepreneurs. objective of covering more than one million women by 2022. This solution makes it possible in particular to save money and carry out business creation projects and health coverage primarily intended for women grouped together in cooperatives.<\/p>\n<p>According to its promoters, this program is supported by the Funding Initiative for Women Entrepreneurs (We-Fi) aimed at improving access to finance for women promoters of income-generating activities.<\/p>\n<p>\u201cIFC supports Activa Cameroon\u2019s commitment to empower Cameroonian women by helping them build their savings, develop their businesses, and protect their families. Women represent a growing market in Cameroon. Strengthening their participation in the economy will stimulate growth and contribute to economic recovery, \u201dsaid IFC for Central Africa.<\/p>\n<p>It was in 2019 that IFC and Activa Assurances launched the Activ&#8217;Lady program with the aim of developing an insurance model for women and entrepreneurs. A program that stems from the &#8220;SheforShield&#8221; study, initiated by the IFC which reveals that the insurance sector could generate $ 1.7 trillion globally.<\/p>\n<p>\u201cInsurance promotes savings and enables effective risk management and is an excellent investment channel. Without access to insurance, women often resort to informal loans to cover health costs or other expenses, which impairs their ability to recover from difficulties, \u201dsaid the executive chairman of the Activa group. , Richard Lowe.<\/p>\n<p>The launch of this initiative comes in a context marked by a low penetration rate of insurance in the country, less than 5% according to the Association of Insurance Companies in Cameroon (ASAC).<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Activa Assurance with the support of the International Finance Corporation (IFC), the World Bank Group (WB) entity dedicated to financing the private sector, is making two new insurance solutions available to Cameroonian female entrepreneurs. objective of covering more than one million women by 2022. This solution makes it possible in particular to save money and<\/p>\n","protected":false},"author":536755,"featured_media":470264,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16158,12000,11996,16200],"tags":[17555,12599,17556,534],"class_list":{"0":"post-470263","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-banks-insurance","9":"category-finance-en","10":"category-insurance","11":"tag-activa-assurance","12":"tag-cameroon-en","13":"tag-female-entrepreneurship","14":"tag-ifc","15":"post_format-post-format-aside","16":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon: IFC and Activa assurance support female entrepreneurship - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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