The Alternative Bank, recently hosted a high-level virtual convening to commemorate the International Day for Rural Women.
The occasion, which aligned with global observances of the United Nations’ Rural Women’s Day, featured an inspiring line-up of speakers and sessions designed to celebrate, empower, and advocate for rural women across Nigeria and Africa.
In her welcome remarks, Korede Demola-Adeniyi, Executive Director (South) of The Alternative Bank, pledged the Bank’s commitment to building an inclusive financial ecosystem that empowers women and strengthens communities.
“Rural women are the heartbeat of food systems, the lifeline of families, and the silent architects of community resilience. Empowering rural women is a moral imperative as much as it is smart economics and a cornerstone of sustainable national growth. In recognition of this potential, the doors of The Alternative Bank remain open, ready to partner, finance ideas, and co-create sustainable solutions that empower women and strengthen communities,” she said.
She also announced the launch of the Alternative Bank-Utiva Women in Tech Scholarship, an initiative that will empower 20 women entrepreneurs in its inaugural cohort beginning November 2025.
According to her, the scholarship will provide beneficiaries with digital skills, innovation design, and business growth training, enabling them to scale their enterprises and strengthen their participation in the digital economy.
Eyitayo Ogunmola, Chief Executive Officer of Utiva, expressed optimism about the partnership’s potential to redefine access to digital opportunities for women.
She said: “At Utiva, we believe that when women are equipped with the right digital skills, they don’t just transform their businesses they transform their communities. This partnership with The Alternative Bank is about creating pathways for inclusion, innovation, and long-term economic empowerment for women who are shaping the future of enterprise in Africa.”
Speaking, Gift Johnbull, Senior Special Assistant to the President on Community Engagement (South-South), reaffirmed the Federal Government’s commitment to women’s empowerment.
She stated: “Women in our rural areas are farmers because most of our rural communities are agrarian communities, and they are the reason why we have food in our cities and tables; they make up to 70% of our food system in this country, and worldwide. They are the caregivers and community builders; they are the reason why our country stands firm. Yet they are facing barriers like access to education, finance, and other productive opportunities. We acknowledge that, and we are making progress to ensure that these barriers are properly and totally eradicated and eliminated from our society.
Osalobo Osemhenjie, Programme Specialist at UN Women, spoke on behalf of the UN Women Country Representative, Ms. Beatrice Eyong.
She highlighted the global body’s ongoing interventions in Nigeria, including the provision of business kits, rice milling equipment, and low-cost biogas systems for women across multiple states.