Women and finance: unlocking new sources of economic growth

From basic financial services to board rooms, strengthening women’s role in finance is women-finance-blogpost.jpgone of the keys to boosting economic growth.

In every country, women and men alike need access to finance so that they can invest in their families and businesses.  But today, 42% of women worldwide – about 1.1 billion – remain outside of the formal financial system, without a bank account or other basic tools to manage their money.

Poor financial access makes it harder for these women to get ahead, but it also holds back development in many countries.  This is because women tend to invest more of their money in education, health care and children’s welfare.  These priorities not only strengthen their families but also underpin a society’s long-term strength.

Unleashing the potential of women entrepreneurs in Africa

Walk around a major city in Sub-Saharan Africa and you will quickly realize that women nasikiliza-unleashing-the-potential-of-women-entrepreneurs-in-africa-feature-780x439are a highly visible part of the economy, selling all manner of products and services. In some ways, women are powering the economies of the continent to a greater degree than anywhere else in the world; Sub-Saharan Africa is the only region where women make up the majority of self-employed individuals.  

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