Economy

Empowering women, youths vital to Africa’s transformation agenda — UNECA

Published

on

Empowering women, youths vital to Africa’s transformation agenda — UNECA

By Temitope Ponle The United Nations Economic Commission for Africa (UNECA) said empowering women and youth is vital for creating value and promoting economic growth in Africa. Lagos, in her presentation to the ongoing West Africa Business Forum under the theme: “Empowering Women and Youth to Drive Africa’s Transformation Agenda”. women and youth are important to Africa’s structural transformation agenda. Diop stressed that enabling African women and young people to advance their prospects for all and build more resilient economies, improve the quality of life of all their population. She added that an increased focus on women and youth would be a win-win strategy for the West African sub-region as it would generate real competitive returns for all over the long term. Diop noted that women and youth entrepreneurs’ contribution to Africa’s economic growth was around 13% of the continent’s gross domestic product. said. The sub-regional director of ECA urged African leaders to ensure training and access to digital technologies for women and young people. “Support job creation; support the leadership of women and youth; and the social networks of women and young entrepreneurs. “Create opportunities in the fields of technology, innovation, the private sector and ensure economic empowerment through education, training and peer learning. accelerate the financial inclusion of women by promoting the United Nations Sustainable Development Goals and the African Union’s Agenda 2063. estimates which had shown that the opportunities, through the African Continental Free Trade Area (AfCFTA), would result in total welfare gains of $ 16 to $ 24 billion in productive employment for women and youth. food, industry, energy and mining), which could increase in value by 15 to 25 percent, based on 2017 ECA estimates. AfCFTA implementation strategies will provide an appropriate framework for each country to integrate women and youth into these strategies and ensure that they are able to take advantage of the transformative potential of trade expansion under the AfCFTA, ”added Diop. She further noted that it was imperative to create business linkages and an enabling environment for the growth and sustainability of youth and women’s businesses, such as easy access to information, capital and markets. . There should be more adequate skills essential for youth and women to add value to West Africa’s huge resource endowments, she added.

Source: NAN

Short Link: https://wp.me/pcj2iU-3CsQ

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng

Recent Posts

Red Cross renovates 12 houses destroyed by floods in Katsina Private varsity partners European private sector to curtail youth migration  –VC Democrats, Biden negotiate intensively on saving ambitious agenda Micronutrient deficiency: HarvestPlus to develop zinc enriched maize, rice Snake bite: Victims’ survival slimmer as anti-venom prices soar – Expert Kano police arrest suspected fuel suppliers to bandits in Katsina CSCS board renews Jalo-Waziri’s appointment for another 5 years Scam Alert: NNPC disclaims fake 50th anniversary quiz contest Erdogan begins 2-day official visit to Nigeria Oct.19 Facebook to settle U.S. employment discrimination claims with $14.25m Buhari greets Yakubu Gowon at 87 Coronavirus – Malawi: UK emergency medical team provides COVID-19 support and training to health workers in Malawi Buni approves 65 years as retirement age for Yobe teachers El-Rufai makes COVID-19 vaccination mandatory for all Kaduna civil servants Gunmen kill 2 traditional rulers in Imo NSCDC begins psychological assessment of its personnel – Official Buhari hosts Turkish President Erdogan, wife At Maulud, Sheikh Dahiru Bauchi says Nigerians are suffering from hunger, poverty, insecurity The African Broadcasting Union (AUB) and Canal + tackle piracy of television signals Snakebite victims in danger as cost of anti-snake venom hits roof Nigeria in dire shortage of pharmacists – PCN Buhari greets Yakubu Gowon at 87 UNESCO delivers religious leaders’ toolkit on adolescent sexual and reproductive health and rights Virologist wants upgrade of new malaria vaccine Tinubu 2023: APC gives letter of recognition to NDA WFP and Japanese government team up to help people in need in Cameroon Living and thriving, thanks to the Sudan Humanitarian Fund Maulud: Fintiri felicitates with Muslims, calls for prayers Djibouti deploys COVID-19 vaccines for migrants Maulud: Sanwo-Olu urges Muslims to emulate Prophet Muhammad Rwanda: crackdown on opposition, media intensify Police to investigate officer allegedly caught casting vote at Kano APC congress  “I see changes in people’s lives”: King Letsie III of Lesotho hails FAO’s work in Lesotho NASME lauds CAC RG for promoting  MSMEs Nigerian troops kill over 50 terrorists in Birnin Gwari Billboard Top 100: Wizkid’s ‘Essence’ climbs up to number nine Federal varsity Lafia denies students abduction   1 dies, 2 rescued as 2-storey building collapses in Lagos Police arrest 3 armed robbery suspects in Ogun African Energy Ministers to travel from African Energy Week in Cape Town to ADIPEC in Abu Dhabi COVID-19 vaccines safe, shun conspiracy theories – ECOWAS Speaker Maulud: Akeredolu felicitates with Muslims, preaches forgiveness, unity Orbih returns as Sports Ministry inaugurates Caretaker Committee for Badminton Federation UBEC earmarks N32m to support 31 schools in Katsina Housing development will boost economy, increase job creation–LASG #Endsars Anniversary: Stakeholders call for re-training of security agents Desist from drug abuse; it destroys lives – NDLEA warns students New sensor unit for the imagePRESS C910 series increases productivity by automating color registration and calibration Japanese Govt. earmarks $260,000 to combat piracy, kidnapping in Gulf of Guinea NEMA distributes fertilizers, seeds to 7,146 flood victims in Zamfara