Businesses & Financial News

African Guarantee Fund keen to bridge the Gap of Gender Equality in Education

Photo Caption: Ms. Maureen Kayamba (right), AGFs Business Development Head, Eastern Africa Region, presents a token of appreciation to one of the students of Strathmore Business School during the company's Mentorship Session held on the 13th March 2020. The session saw the students, whose focus is Business, Economics and Finance, interact with, experience and receive mentorship from AGF Management and staff.

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By Steve Umidha

When it comes to gender equality in education, organizations and agencies across the world are making significant advances.

To overcome this disparity, the African Guarantee Fund (AGF) recently pioneered a mentorship program targeting female learners from Strathmore University Business School through the faculty of Career Development department in an effort to expose them to more opportunities and increase their bargaining power at work places with their male counterparts.

Group CEO of African Guarantee Fund (AGF), Félix Bikpo in an interview said that the students – mainly keen on business, economics and finance related subjects, were engaged in the platform that allowed frank and open discussions between women on issues of their empowerment in Africa.

“With mentorship, the African Guarantee Fund wants to create an interpersonal relationship of support, help and learning for African women in order to offer more opportunities and increase their bargain at work places,” said Mr. Bikpo who made the remarks in the wake of International Women’s Day 2020, marked recently.

With AGFs special focus on enhancing Gender Equality for women, the mentorship platform, led by female representatives from different departments, included discussions on job hunting, challenges faced, pursuing success and advice and counsel.

“Women are a real pillar of African economies and occupy a place still little understood by key players in the financial sphere. Few are aware that the continent has the highest percentage of women entrepreneurs in the world,” he said.

On the continent, the weakness of skills among women and its historical and cultural roots has not completely disappeared. Poor families tend to favor the education of boys over that of girls, which is naturally not without direct consequences for their ability to manage their SMEs effectively.

In Africa, women are truly bearers of social impact. In fact, it is estimated that they reinvest up to 90 per cent of their income in education, health and food for their families and their communities, against 40 per cent at most for men. In other words, investing in businesses owned or run by women can fundamentally transform African societies.

 

 

 

 

 

 

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