Wema Bank Introduces MOWA-SARA Startup Accelerator Program

Wema Bank has partnered with the Federal Ministry of Women Affairs to launch the MOWA x SARA Accelerator Programme.

This initiative aims to empower 500,000 women across Nigeria.

It provides women with vocational and business skills, continuing Wema’s commitment to supporting gender inclusion through its SARA platform.

Wema Bank

Wema Bank, known for its innovation and commitment to digital banking, has partnered with the Federal Ministry of Women Affairs.

Together, they have launched an initiative that will change the lives of women across Nigeria.

Through its women-focused platform, SARA by Wema, the bank has introduced the MOWA x SARA Accelerator Programme.

This two-year program aims to equip 500,000 women with vocational and business skills, promoting economic independence.

SARA by Wema is an initiative to promote gender equality and provide women with financial and personal growth opportunities.

Thousands of women across Nigeria have already benefited from SARA, receiving financial support, networking opportunities, and even healthcare benefits.

Now, with the MOWA x SARA Accelerator Programme, Wema Bank is taking its efforts even further by reaching more women in need.

The program, which will run in all 36 states and the Federal Capital Territory, offers training in two key areas: business management and vocational skills.

Empowering Women for a Brighter Future

Over the course of five days, participants will learn essential soft skills and business strategies.

Also, they will gain hands-on experience in food processing, fashion design, or hairdressing.

Read Also: Wema Bank Loses ₦‎8bn To Court Cases, ₦‎239m To Fraud

The goal is to equip women with the tools they need to start their own businesses, earn income, and contribute to Nigeria’s economy.

Tunde Mabawonku, Wema Bank’s Executive Director of Retail and Digital, expressed excitement about the program’s potential.

She emphasized how important it is to support women in navigating Nigeria’s challenging economic environment.

Wema Bank, she explained, is deeply committed to empowering women and helping them succeed through tailored solutions.

The Minister for Women Affairs, Uju Kennedy-Ohanenye, added that empowering women through this program could help address broader issues related to gender inequality.

By partnering with Wema Bank, she hopes to ensure the success and sustainability of this important initiative.

On September 30, 2024, the MOWA x SARA Accelerator Programme officially kicked off with a signing ceremony in Abuja.

This event marked the beginning of a journey designed to empower thousands of Nigerian women to thrive.

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