EGO Foundation has expanded its women-focused financial literacy and entrepreneurship programme to Lagos’s Oshodi district, targeting 15,000 female entrepreneurs and traders as part of efforts to boost financial inclusion and digital adoption among small businesses.
- +Foundation empowers 15,000 women entrepreneurs in Lagos skills drive
The initiative, known as SheEnabled, provides training in bookkeeping, financial management, digital business tools, savings culture and access to funding opportunities for women-led enterprises, according to a statement issued by the foundation.
The initiative, known as SheEnabled, provides training in bookkeeping, financial management, digital business tools, savings culture and access to funding opportunities for women-led enterprises, according to a statement issued by the foundation.
The Oshodi phase comes as many women-owned businesses in Nigeria continue to face challenges ranging from limited financial literacy and weak record-keeping practices to restricted access to formal financing.
EGO Foundation said the programme has reached more than 25,000 women across Nigeria since its launch and aims to improve business sustainability and household incomes through practical skills development.
Under the Oshodi rollout, the organisation is conducting market activations and in-house engagement sessions tailored to traders, artisans and aspiring entrepreneurs. Participants receive training on financial management, savings strategies, digital business promotion and pathways to funding.
The programme also includes mentorship and business support services, alongside welfare assistance aimed at cushioning the impact of economic pressures on participants.
“Women remain key drivers of economic growth and community development,” said Toluwase Olaniyan, executive director of EGO Foundation.
“Through the SheEnabled Project, we are not only improving financial literacy and digital capabilities but also creating pathways for sustainable livelihoods, business expansion, and greater economic inclusion. Empowering women strengthens families, communities, and the nation as a whole,” Olaniyan said.
The initiative reflects growing efforts by non-governmental organisations and development groups to close gender gaps in financial access and digital skills, areas widely viewed as critical to increasing productivity among micro and small enterprises in Africa’s largest economy.
Participants in the programme said the training offered practical guidance on record-keeping, financial planning and digital marketing that could help improve profitability and long-term business viability.
Looking beyond Lagos, EGO Foundation said it plans a significant expansion of the programme across the continent. By 2030, the organisation aims to empower 80,000 women every quarter across Africa through financial literacy, entrepreneurship and economic inclusion programmes.
The foundation, which focuses on education, youth empowerment, entrepreneurship and gender inclusion, said the expansion aligns with its broader objective of promoting sustainable economic development through skills acquisition and access to opportunities.
The SheEnabled programme is part of a growing ecosystem of initiatives seeking to increase the participation of women in formal economic activity, a segment viewed as critical to unlocking higher growth and improving living standards across Africa.
