By David Malpass, President World Bank Group
March 3, 2020
Girls are attending school in greater numbers than ever before, and women are
increasingly entering the labor force and leading businesses. Although we should celebrate this progress, much work remains in order for a girl born today to have the same opportunities as a boy.
Research from the World Bank and others shows that Moreover, it is the right thing to do. Fortunately, more countries recognize that economies can reach their full potential only with the full participation of both women and men.
The World Bank Group is supporting countries in achieving this goal in important areas, including the removal of discriminatory laws, investment to close gender gaps, broadening access to finance, and stepping up efforts to prevent gender-based violence.
competitively selected women-owned SMEs in high-tech sector in three regions. It will consist of a mix of individual and group mentoring, coaching and technical advisory aimed to improve business skills, investment readiness, and soft skills (negotiation, confidence, pitching, and so on) of beneficiaries as well as access to larger business networks and funding. The program will also include a series of networking events, aimed at expanding women-owned SMEs linkages to financial institutions and new business networks. Particular focus will be placed on creating links between women-owned SMEs and (1) financial institutions to address accessing to finance constraints; and (2) large firms/corporates to facilitate women integration in supply chains and access to business networks. The expected impact is the improved performance of women entrepreneurs in terms of revenue, funding obtained, jobs created.
and export markets through e-commerce, and to increase their sales from e-commerce in Lebanon.
The World Bank Group’s (WBG)
Uganda, financed by IFC and the Global Agriculture and Food Security Program.
World Bank Group today announced the creation of an innovative new facility that aims to enable more than $1 billion to advance women’s entrepreneurship and help women in developing countries gain increased access to the finance, markets, and networks necessary to start and grow a business.
decades, about 50 percent of the labor force. Yet there are stark differences in the outcomes they achieve: Women are only half as likely as men to have a full-time wage-earning job. The women who do have paid jobs earn as much as one-third less than men. Fewer women than men are involved in trade or own registered companies. And women are more likely to work in low-productivity activities or informal employment.
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