Empowering Women Entrepreneurs: A Global Journey of Change
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In the sprawling, bustling markets of Lagos, Nigeria, the air resonates with vibrant energy. The hum of life is accompanied by the chatter of thousands of female entrepreneurs who stand at the forefront of a quieter revolution—one where women’s economic empowerment is not just a dream, but a palpable reality. Across the globe, initiatives are fostering a new era of innovation and growth, particularly for women who have faced systemic barriers in the business world.
The Birth of 10,000 Women
Enter the transformative initiative known as 10,000 Women, birthed from the creative minds at Goldman Sachs. This global program is designed to uplift women entrepreneurs through practical education and resources tailored to meet the diverse needs of their businesses. It’s a beacon of hope that promises not only to change lives but also economic landscapes.
“This is about so much more than business education; it’s about empowerment,” explains Dr. Olabisi Afolabi, a local entrepreneur and participant in the program. “For us, it’s a lifeline. It’s about redefining our futures.” The program aims to reach over 200,000 entrepreneurs by tapping into the wealth of knowledge housed among top business schools around the world. It offers ten comprehensive online courses that provide everything from financial literacy to strategic planning.
A Bridge to Education
In partnership with the University of Leeds, the 10,000 Women Online education initiative stands as a vital resource for Small and Medium Enterprises (SMEs). With applications opened from August 1 to August 31, 2025, this program is a lifeline for budding and existing female entrepreneurs across Nigeria eager to learn and grow.
“Our aim is to create an inclusive environment,” expresses Yemisi Edun, Managing Director of First City Monument Bank (FCMB). “Empowering women entrepreneurs is essential for driving innovation, job creation, and economic growth. This program enhances skills and opens new opportunities.” With zero-interest loans totaling nearly N800 million (over $1.7 million) channeled through its SheVentures initiative, FCMB is focused on not just lending money but nurturing talent and ambition.
Cultural Shifts & Social Impact
The cultural implications of programs like 10,000 Women extend far beyond mere economics. They challenge long-held norms and assumptions about women’s roles in society. As local marketplaces thrive under the weight of female-led businesses, the very fabric of communities begins to shift, fostering a sense of unity and collective empowerment.
“Women are leading the way, and as they do, whole communities benefit,” shares George Ogbonnaya, FCMB’s Divisional Head of Business Banking. “This isn’t just about gender; it promotes equality and sustains growth for everyone.” His words capture a vital insight: when women flourish in business, they pave the way for gender parity and economic resilience in whole regions.
- The program serves over 200,000 women entrepreneurs worldwide.
- Applications for the online program are open for a month, encouraging quick responses.
- FCMB has allocated N800 million in zero-interest loans over the past five years.
Training, Mentorship, and a Community of Support
The crux of the 10,000 Women program lies in its commitment to training and mentorship. Participants are not merely listeners—they are active doers, equipped with the skills to navigate the complexities of modern entrepreneurship. Graduates of this program often return as mentors themselves, contributing to a growing network of female leaders.
“Being part of this alumni community has changed my life,” states Mariama Kumar, a graduate from the program. “I went from a struggling vendor to owning a chain of successful shops. The support I received was invaluable.” Her story is one of many that illuminate how targeted educational initiatives can translate dreams into reality.
The Bigger Picture: Impact Beyond Borders
Initiatives like 10,000 Women are not glimpses into isolated stories; they represent a larger wave sweeping across international landscapes, where women everywhere are asserting their rightful place in the economy. According to a report by the International Finance Corporation, estimates suggest that closing the gender gap could add a whopping $28 trillion to the global economy by 2025. Can you imagine the possibilities if we harness the untapped potential of women?
This economic motivation is compounded by a growing recognition of women as pivotal agents of change. As education levels rise among women, so does their potential to contribute meaningfully to sustainability and innovation. Is it time we shifted our perceptions and placed women at the center of discussions around economic policy and growth?
A Shared Journey Towards Progress
In the heart of Nigeria, and indeed around the globe, the stories emerging from the 10,000 Women program reflect a growing movement toward equity, empowerment, and celebration of women. As communities embrace these changes, they sow the seeds for a future where every woman, regardless of her background, has the opportunity to thrive.
“The beauty of this initiative is that it empowers everyone,” concludes Dr. Afolabi. “When women succeed, they uplift their families, their communities, and the world at large.”
So, as we look toward the future, let us ask ourselves—how will we support this momentum? How will we ensure that every woman has the resources she needs to step into her power? Because when one woman rises, we all rise.
Applications for this groundbreaking program are now open at 10,000 Women Training Program. A new chapter awaits.
Edited By Ali Musa
Axadle Times international–Monitoring.
