Mastercard Foundation report suggests addressing barriers for young African women's workforce participation could add $287B to economy by 2030.

A Mastercard Foundation report indicates that addressing systemic barriers to young women's workforce participation in Africa could add $287 billion to the economy by 2030, boosting GDP by 5%. Key areas for improvement include reducing care burdens, enhancing education, and increasing access to financial services. The report advocates for childcare expansion and highlights Namibia as a successful model. It also notes that the ICT sector could significantly enhance productivity for women.

September 18, 2024
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