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.

eC2: CGAP Digital ROSCA in Senegal

Deadline: 12-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) rw_gender_ag_blog

Financial inclusion in Senegal is low, with only 12 percent of adults having a formal financial account. Women are especially excluded from accessing formal financial services. This has led low income people to adopt informal systems of saving, such as the tontinea type of rotating savings and credit association (ROSCA) that combines features of a lottery to determine the sequence of disbursing group funds among members. CGAP intends to procure technical services to structure and test a solution that digitizes the tontine process and works as a marketplace for financial services. The objective of the project is to identify relevant lessons and share them widely in an open access format. We expect this pilot to produce lessons on digitization of tontines and on the value proposition of bundling other financial services such as credit or insurance along with it.

Continue reading

Vouchers that Make Having a Baby Safe and Cheap for More Ugandan Women

STORY HIGHLIGHTS ug-vouchers-that-make-having-a-baby-safe-and-cheap-for-some-ugandan-women-homepage-780x439
  • A UShs4,000 (US$1) voucher covers antenatal visits, delivery, and post-natal care
  • Vouchers are intended for poorer women in two mostly rural regions of Uganda
  • Even the cost of assisted births, such as Caesareans, are covered

Continue reading

Online: Thursday Highlighted! Spring Meeting Events.

wbl-sm2017-calendar-banner

2017 Spring Meetings Opening Press Conference: World Bank Group President Jim Yong Kim

Follow the event on Twitter with #WBLive

Date: Thursday, April 20th, 2017
Time: 8:30 am – 9:30 am ET/ 12:30 – 13:30 GMT
Location: International Monetary Fund & Online

Unleashing Productivity – The Key to Sustaining Inclusive Growth

Follow the event on Twitter with #Productivity4Growth

Date: Thursday, April 20th, 2017
Time: 9:30 am – 11:00 am ET/ 13:30 – 15:00 GMT
Location: JB-1-080

Continue reading

Women, cities, and opportunity: Making the case for secure land rights

Lets talk development blog by Klaus Deininger images

Land and property lie at the center of many of today’s pressing development challenges. Consider that at most 10% of land in rural Africa is reliably registered. At this week‘s annual Land and Poverty Conference here at the World Bank, we will hear how this vast gap in documentation of land gap blunts access to opportunities and key services for millions of the world’s poorest people, contributes to gender inequality, and undermines environmental sustainability.

Continue reading

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.  

Continue reading

Women in Agriculture: The Agents of Change for the Global Food System

Women are the backbone of the rural economy, especially in developing countries. They scale-750x750.jpgmake up almost half of the world’s farmers, and over the last few decades, they have broadened their involvement in agriculture. The number of female-headed households has also increased as more men have migrated to cities. As the primary caregivers to families and communities, women provide food and nutrition; they are the human link between the farm and the table.

Continue reading

eConsultant2: Making the Business Case for Womens Private Sector Participation in Agribusiness

Capitalizing on IFCs experience, this project aims to substantiate the business case for improving working conditions and employment opportunities for women in agribusiness, and investigate where and how investments in improved working conditions for women can result in higher firm productivity.

Focused on developing countries _DSC0993and culminating in a research report focused on the agribusiness sector, this work would identify actionable firm policies and practices that are potentially transferable across countries, regions and sectors.

Continue reading