BDB and UN Women Host Retreat for Women in Business

PRESS RELEASE

Nassau Bahamas, 28 August 2024- The Bahamas Development Bank (BDB), in partnership with UN Women, recently hosted a Women in Business Empowerment Retreat with nearly 70 dynamic women. The event, held as part of BDB’s ongoing commitment to fostering economic empowerment and gender equality, was designed to equip participants with the tools and insights necessary to break boundaries, elevate their careers, and connect with a powerful network of like-minded women.

The retreat featured a keynote session led by global visionary and entrepreneur Ibukun Awosika. Awosika shared invaluable guidance on achieving success in both personal and professional spheres. Her insights resonated deeply with attendees, leaving many inspired to take actionable steps toward their goals. The session was complemented with networking opportunities designed to create a transformative experience for participants.

In addition to the empowering sessions, BDB shared details about its new SDG Concessional Loan Fund. This innovative financial product, aimed at supporting sustainable development goals (SDGs) in the region, offers an extraordinary interest rate of just 0-2 percent. The fund is designed to provide accessible financing options for businesses in the agriculture, tourism, and creative industries owned by, led by, or offering products and/ or services that benefit women, youth, and persons with disabilities.

Nicholas Higgs, the Bahamas Development Bank’s Managing Director said, “We are thrilled with the success of the Women in Business Empowerment Retreat and the positive impact it has had on our participants. Events like this are crucial in building a strong community of women leaders who are equipped to make meaningful contributions to the economic and social fabric of The Bahamas.”

Participants left the retreat energized and equipped with new strategies for success. BDB and UN Women are committed to continuing their vital work and look forward to hosting more events that empower and uplift women in the business community. For more information on the SDG Concessional Loan Fund and future empowerment events, interested individuals can visit www.bdb.gov.bs or call (242)702-5700 and (242) (242) 352-9025.

Photo Caption: BDB and UN Women Host Retreat for Women in Business