Monday
September 23
2024

Report: Gender Parity Will Unlock $287 Billion for Africa’s Economy by 2030

By Emma Okonji

Tackling systemic barriers towards the participation of young women in Africa’s workforce will drive an estimated $287 billion to its economy by 2030, boosting GDP by 5 percent, according to a new report commissioned by the Mastercard Foundation.

Conducted in collaboration with McKinsey & Company, the study reinforces the crucial role of women’s economic empowerment in driving the continent into a new era of transformational growth.

Photo courtesy of Lorenzo.

Source: THISDAY (link opens in a new window)

Tags
employment, gender equality