Stanchart launches 5th Women in Tech cohort to promote diversity in entrepreneurship, technology

Standard Chartered Bank Zambia has launched the fifth cohort of its Women in Tech (WiT) programme, committing over K3.5 million to support female-led start-ups through funding, training, and mentorship.

In partnership with BongoHive and Village Capital, the initiative will see five women-led businesses awarded US$10,000 each to support their growth and innovation goals.

Launched in 2020, the WiT programme empowers women entrepreneurs to use technology in building scalable, impactful businesses that address Zambia’s economic and environmental challenges.

Funded by the bank’s foundation and implemented by BongoHive, the programme provides tools, training, and access to funding for women-led and women-owned businesses.

Standard Chartered Bank Chief Executive Officer, Sonny Zulu, stated that the initiative aimed to promote diversity in entrepreneurship and technology.

“The Women in Tech programme aligns with the growing demand for diversity in tech and entrepreneurship, creating more opportunities for Zambian women to lead and innovate,” Zulu said during the launch event in Lusaka on Friday.

He announced that this year’s cohort would place special focus on businesses aligned with the Sustainable Development Goals (SDGs), and encouraged applications from women living with disabilities.

“Our Women in Tech programme cultivates a generation of innovators—leaders who will inspire others and demonstrate the potential for impact,” Zulu added.

BongoHive Director of Entrepreneurship, Simunza Muyangana, welcomed the launch of the new cohort, noting that many Zambian women entrepreneurs continue to face challenges in accessing finance, mentorship, and networks.

“Women in Tech Zambia is designed to bridge these gaps while equipping participants with the tools, networks, and visibility they need to grow sustainable businesses,” Muyangana said.

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