African Development Bank: Board of Directors Recommends Gender Strategy for 2021- 2025 “Investing in Africa’s Women to Accelerate Inclusive Growth

By Abdul Rahman Bangura–

NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Board of Directors of the African Development Bank (AfDB) has endorsed a contemporary gender strategy for 2021-2025: “Investing in Africa’s women to accelerate inclusive growth.”

“This is a significant milestone for the bank as it will guide our interventions in the next five years as we continue to increase our efforts to achieve outcomes and maximum impact on building gender equality on the ground for women to thrive,” asserted Vanessa Moungar – Bank Director for Gender, Women and Civil Society.

Furthermore, the strategy approved on December 11th, 2020 craves to enhance the bank’s obligation as a leader on the continent, to reach gender equality and women and girls’ empowerment in Africa. To link the prevailing openings thwarting women’s donation to development, the bank is addressing impediments to inclusive economic
and social adaptation for women across Africa.

Precisely, the new Gender Strategy is bolted on three pillars: Empowering women through access to finance and markets; accelerating employability and job creation for women through skills enhancement, and increasing women’s access to social services through infrastructure.

For New Africa Daily News Abdul Rahman Bangura Reports,  Africa Correspondent

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