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Egypt launches the Action Plan for implementing the “Closing the Gender Gap Accelerator”

The drive is public-private collaboration backed by the World Economic Forum (WEF)

Egypt closing the gender gap accelerator poster

The Egyptian Ministry of International Cooperation, the National Council for Women, the World Economic Forum (WEF), and the Private sector today launched Closing the Gender Gap Accelerator action plan.

The new initiative comes on the backdrop of a concerted effort by the state to close the gender gap as it celebrates the upcoming International Women’s Day to be held on March 8. During the launch, Egypt will emerge as the first country in the MENA region to launch this type of accelerator as part of public-private collaboration, backed by the World Economic Forum.

In a statement, the ministry of International Cooperation detailed that the accelerator plans to address the current gender gap issues that reshape future gender parities. Rania Al-Mashat from the Minister of International Cooperation pointed out how the accelerator plans to mitigate the adverse effects of Covid-19.

The government of Egypt will apply much-needed reforms and policies that champion the rights of the reforms and policies that bolster women’s empowerment as we witness a rise in female participation across the economy.

Maya Morsy described it as a key pillar to NCW’s framework on the National Strategy for the Empowerment of Egyptian Women 2030 – approved by the president in 2017. She pointed out that the economic inclusion of women will raise the country’s GDP.

What does the Action plan involve?

  • Training and awareness programmes enhancing financial literacy while encouraging women to open banal accounts.
  • Egypt is also working to establish a database of women working in the informal sector by issuing them with IDs opening up economic opportunities for them.

Original article at Egypt Today


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