The Alternative Bank Champions Rural Women’s Financial And Digital Empowerment

The   Alternative   Bank,   on   Friday,   hosted   a   high-level   virtual   convening   to commemorate the International Day for Rural Women. 

The event brought together thought   leaders,   policymakers,   and   development   partners   to   chart   a   course   of development under the theme ‘Rural Women and MSMEs: Driving   Sustainability, Strengthening Economies, Securing Our Shared Tomorrow’.

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.Delivering the welcome remarks, Korede Demola-Adeniyi, Executive Director (South) of The Alternative Bank, described the day as “a call to action”, pledging 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

Demola-Adeniyi 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. 

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, saying,

 “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.”Hon.   Gift   Johnbull,   Senior   Special   Assistant   to   the   President   on   Community Engagement (South-South), delivered a goodwill message reaffirming 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.

From the United Nations, 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.

A key highlight of the event was the thematic presentation by Kemi Ayanda, Economic Development and Trade Strategist for Africa and the Middle East, who delivered a thought-provoking paper titled ‘From Fields to Frontlines: Empowering Rural Women and Women MSMEs as Architects of Climate Resilience and Sustainable Prosperity.’ She asserted that true transformation begins not with funding but with reimagining systems   that   recognise   resilience   as   an   economic   asset   and   women   as   critical stabilisers.

Other notable speakers at the event included Her Excellency, Hajia Fatima Dikko Radda, wife of the Executive Governor of Katsina; Rinsola Abiola, Director-General of the Citizenship and Leadership Training Centre (CLTC); Judith Libaisi Kayoni, Global Rural and Social Development Expert (Kenya); Dr. Hadiza Yaro, Anglophone West Africa   Sales   Manager,   SAKATA   Vegetables   Europe   SAS,   and   Ameena   Buhari-Mohammed, Private Banking & Wealth Management Lead at The Alternative Bank. 

The commemoration also featured interactive engagement segments and messages of solidarity from international partners, including Mrs. Ellen T. Johnson, Country Head of  Commonwealth   Businesswomen   Africa   (Gambia).   Participants   engaged   in   live polls, virtual games, and interactive Q&A sessions that celebrated the resilience and leadership of women driving rural and community transformation.

The Alternative Bank’s commemoration of the International Day for Rural Women underscores its mission to drive sustainable, inclusive, and ethical finance models that unlock  opportunities   for   women-led   enterprises,   strengthen   local   economies,   and contribute to Nigeria’s long-term economic resilience