Closing the Gender Finance Gap: EU Initiative Boosts Women in Zambia’s Agriculture Sector

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A recent initiative led by the European Union in Zambia is helping to address one of agriculture’s biggest barriers—limited access to finance for women. The “Boosting Women in Agribusiness (WomeninAg)” Pitch Night, held in Lusaka, brought together entrepreneurs, investors, and industry stakeholders to unlock new opportunities for women-led agribusinesses.
Why Closing the Gender Finance Gap Matters
Women play a central role in agriculture, contributing significantly to food production and rural economies. However, they continue to face structural challenges—especially in accessing credit, investment, and financial services needed to scale their businesses.
The event emphasized that improving financial inclusion for women is not just about equality—it is key to driving economic growth, job creation, and sustainable agriculture.
Highlights from the WomeninAg Pitch Night
Around 150 participants attended, including agri-entrepreneurs and financial institutions.
Five women-led agribusinesses pitched innovative, investment-ready ideas.
The pitches focused on:
- Green and sustainable growth
- Engagement with smallholder farmers
- Scalable agribusiness models
- Leadership and Key Messages
Karolina Stasiak highlighted that empowering women in agriculture can drive inclusive growth across the sector.
Meanwhile, the European Investment Bank stressed that accessible finance is critical for women-led enterprises to expand and thrive.
Speakers also pointed out that women form the backbone of agriculture but remain underserved by financial systems—making initiatives like this essential.
Winners and Opportunities
- Audience Winner: Mizya Damaseke (Fikile Solutions Limited)
- Jury Winner: Zindaba Hanzala (Mulimi)
Both winners will gain:
- Access to financing opportunities
- Business mentorship
- Market linkages through industry networks
These opportunities are expected to help scale their businesses and create wider impact across agricultural value chains.
Impact on Zambia’s Agricultural Future
The initiative demonstrates how blending finance, innovation, and mentorship can unlock the potential of women in agriculture. By closing the gender finance gap, Zambia can:
- Increase agricultural productivit
- Strengthen rural economies
- Promote inclusive and climate-resilient growth









