Making history in Women’s History Month, I was excited today, as we approach International Women’s Day, to join my Wellbeing Foundation Africa anchor partners Reckitt Benckiser Group and Dettol Nigeria to celebrate the power of ‘women for health’ and launch the WiNFund.
Health is something that connects us all but is tragically still not available to 50% of people across the world, yet daily I see the impact of our Wellbeing Foundation Africa’s Hygiene Quest collaboration bring much needed health and hygiene practices to communities across 3 states of Nigeria, and hope to scale and spread this beneficial progress to more states.
We know that women entrepreneurs create 35% better returns, yet less than 2% of VC investment goes to women. Old approaches have failed. Now is the time to disrupt this status quo. Improving access to healthcare will take new leaders, innovation and a virtuous community owned approach.
I congratulate Reckitt and the Health Innovation Exchange – HIEx, along with Kofi Annan Foundation, Tokenproof and the Ecobank Foundation, who aim to impact availability of healthcare by championing the next generation of female health entrepreneurs in Africa by co-founding the Women in Innovation Fund (WiN FUND NFT) – a 100% non-profit that supports female-led health innovations with real-world impact, as 70% of the global healthcare workforce are women.
The approach combines grassroots movements, tech innovation, and the expertise of frontline workers by using unique digital artwork NFTs (non-fungible tokens) to fund projects, build a community of mentors, health experts and innovators to help women-led social enterprises democratise access to health care, complimented by traditional funding routes.
The first NFT collection, designed by Rwandan artist Christella Bijou, is now live, and we have received over 300 applications from women-led enterprises across seven nations in Africa, demonstrating the strong untapped potential of grassroots innovation!
To learn more, you can join our community and show your support for women-led organisations through NFT HERE