Up to US$4 million will be invested in the National Bank of Samoa (nbs) as part of efforts to boost access to finance for small and medium enterprises (SMEs) in Samoa, the International Finance Corporation (IFC) announced. The investment, in the form of an eight-year unfunded risk-sharing facility (RSF), underscores […]
Micro, Small, and Medium Enterprises (MSMEs) in Fiji will soon benefit from a new financial assistance agreement worth $7 million, says the Fiji Government. The EURIZ Portfolio Guarantee, facilitated by the Fiji Development Bank (FDB) and funded by the Agence Française de Développement (AFD) and European Union (EU), offers a […]
The Asian Development Bank (ADB) says Papua New Guinea has the largest gender gap in financial inclusion in the Pacific region, with 29% of women less likely to have access to formal financial services. Multiple factors contribute to this inequality, including a low level of financial management and digital skills […]
By Angus Delaney Elisabeta Waqa founded her business, The Lovo Queen, during the pandemic with a few key principles – passion, faith, hope and love. Speaking to a full auditorium at The University of The South Pacific’s Entrepreneurs Fair this week, Waqa shared her experience as business owner and single […]
By Angus Delaney Being a woman and starting a business in a male dominated field is a real challenge, says Sera Bernadette Nicholls. This is why the General Manager of Plumbing and Property Services recommends they join the Women Entrepreneurs and Business Council (WEBC) to give and receive support and […]
A new market for the women of Nui Island Community on Funafuti has officially opened. The Tuvalu Department of Trade had worked together with the Nui Island community through the Enhanced Integrated Framework TIPS project to establish the new market. Minister for Local Government and Agriculture, Saaga Talu, was in […]
Fiji’s Ministry of Trade, Co-operatives, and Small and Medium Enterprises, and Communications is laying the groundwork for a five-day outbound mission to be held in Auckland and Wellington from 20-24 March, 2023. Gathering approximately 150 participants including over 50 Fiji business leaders the mission’s goal is to further reinvigorate Fiji’s growing […]
Adimaimalaga Tafuna’i is the keynote speaker for Fiji’s second Women Invigorating the Nation (WIN) Convention. Tafuna’i is a Co-founder and Executive Director of Women in Business Development Inc in Samoa. Since 1991, Tafuna’i has led the organisation through several transitions, which included shifting from economic empowerment for urban women to […]
By Sera Tikotikovatu-Sefeti Creative arts practitioners and entrepreneurs gathered in Fiji this week to discuss how to strengthen their sector. Opening their consultation, Deputy Prime Minister and Minister for Trade, Cooperatives, SMEs, and Communications, Manoa Kamikamica, said: “When we give young entrepreneurs the right support they need, we are securing […]
By Sera Tikotikovatu-Sefeti Raiwaqa Bakery founder, Atela Yee, grew up watching her father work hard at many different jobs to raise his family. “My dad came from China in 1951, and he started his first business out of an old truck and $500. “The foundation of how to run a […]
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