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African Union Launches Initiative to unlock USD20 billion for Financial and Economic Inclusion of African Women and Youth

Posted by Patricia Lumba on 20 March 2022 12:00 PM CAT
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The African Union has unveiled a new initiative that seeks to enhance the empowerment of women and girls on the continent. The newly announced “African Union’s Women and Youth Financial and Economic Inclusion Initiative”, seeks to unlock USD20 billion, to enable financing opportunities and parity in employment for at least 1 million African women and youth by 2030. While unveiling the initiative, the African Union Commission Deputy Chairperson, Dr Monique Nsanzabaganwa emphasised that women and youth form the biggest part of Africa's population at nearly 75 percent, yet they continually face significant socio-economic barriers that constrain their ability to contribute meaningfully to their communities, countries, and continental development. See attachement.

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