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Browsing: Gender Inclusion
- The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative aims to close the $42 billion financing gap faced by women entrepreneurs, demonstrating that investing in women fosters gender-inclusive economic growth.
- By securing over $1.5 billion in investments for women-led SMEs and providing gender-smart banking training, AFAWA is changing financial institutions’ perceptions and practices, demonstrating the viability and profitability of supporting women entrepreneurs.
- AFAWA’s partnerships and educational programs build a more inclusive financial ecosystem, showcasing the initiative’s commitment to empowering women entrepreneurs and driving sustainable, inclusive economic development across Africa.
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) aims to invest in women and close the significant financing gap they face. Women entrepreneurs in Africa confront a daunting $42 billion disparity in financing compared to their male counterparts, largely due to misconceptions about their creditworthiness and a lack of collateral. Despite these challenges, …
- Girls remain grossly underrepresented in Science, Technology, Engineering, and Mathematics education courses, especially in tertiary institutions and consequently in related careers.
- The need to promote STEM education cannot be overemphasized given that over the next two decades, an estimated 20 million young people a year are expected to join the workforce in Africa.
- Research shows that an average STEM worker earns double the amount of a non-STEM worker and this trend is bound to continue.
Today, Africa joins the rest of the world in marking the 2023 International Girls in ICT Day with the overarching theme being ‘Digital Skills for Life’. The celebration could not have come at a better time as the continent dives deeper into the adoption and full realization of the fourth industrial revolution (4IR), in which digital skills are key economic drivers; pertinently in science, technology, engineering and mathematics (STEM).
The International Girls in ICT …
