Bank’s programme gives women entrepreneurs a leg up in Africa and Middle East
Tech startups are given a platform to grow their business and support their aspirations
Mobilising support for female entrepreneurs is a necessary factor in improving livelihoods and transforming the global economy. A Boston Consulting Group study concluded that if female entrepreneurs received as much support as their male counterparts the global economy could experience a boost of $5-trillion.
However, the sobering reality is that not enough is being done to enable female start-ups to thrive. According to the World Economic Forum’s (WEF’s) 2020 Gender Gap Report women’s economic empowerment is actually worsening, estimating that closing the gender gap in economic participation and opportunity is now 257 years away. This is 55 years longer than what was reported in 2019...
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