On 24th November 2021, the GraƧa Machel Trust was part of the African Development Bank Regional Civil Society Forum, which aimed to enhance stakeholder engagement at the regional level. It was stated by the Bank that each region has determined its most relevant theme, which highlights existing challenges and opportunities to enhance Civil Society engagement to improve the impact and quality of Bank operations. This provides an opportunity for the Bank to present its regional integration strategy by engaging civil society organisations in the region. This year, they deliberated on themes that highlighted challenges and existing CSE opportunities that can enhance Bank operations’ relevance, impact, and quality while concretising areas to engage with CSOs in the regions.

 

 

Through theĀ Engaging civil society in building resilient economies in post-COVID-19 AfricaĀ theme,Ā Ā emphasis was placed on enhancing women’s resilience by looking at challenges and opportunities, including issues around Women in Business; Access to Markets and Finance; Addressing Gender-based Violence and Women’s bodily integrity. The focus was also drawn on promoting trade and investments within the SADC Region and the empowerment of youth.

 

GMT has been part of the Banks CSO committee member since 2020, working with other civil society organisations in advising the Bank on forging stronger relations and partnerships with the CSO community and helping hold the Bank accountable for the implementation of the Civil Society Engagement Strategy. Dr Shungu Gwarinda represented GMT as the committee member. She joined Ms Linet Miriti-Otieno, Principal Gender Specialist Ā and Women in Business Representative Prisca Soko, Chairperson, African Women in Business, to share reflections around enhancing women’s resilience- “Challenges and Opportunities.” She shared thoughts on the strengths of African women, particularly when they navigate around Ā economic empowerment.Ā Ā 

 

Dr Gwarinda highlighted that a third of African SME’s in the region and across the continent are women-owned or led. At least 58% of women are self-employed pop. “Women in Africa choose entrepreneurship not because they have a burning passion or the right skills. But because they lack better opportunities,” she said, adding that wage job opportunities are relatively more scarce for those with lower levels of formal education, resulting in discrimination in the hiring process.

 

“Up to 70% of women are in the informal economy. They face significant barriers to access finance. More than 20% of African women are excluded by financial institutions (WH, 2020). A third of small-medium enterprises are owned or led by women. They face many hurdles: access to finance, lack of training, and now, the COVID-19 pandemic and its devastating effects” ā€“ Dr Shungu Gwarinda.

 

She added that the COVID-19 pandemic has reinforced pre-existing gender inequalities and fractured systems. Economic sectors hardest hit are those where women are mostly found, including the care economy. The bulk of the recovery responses to date are gender blindā€¦the pandemic has catapulted the pace of digitisation, heralding new ways of working, connecting, and doing business but also widening the digital divide, especially for those in the informal economy. Prisca Soko echoed this by pointing at African women’s high potential and opportunities to grow in the digital economy and become serious investors in the economy.

 

Watch the full session here:

 

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