Wednesday, April 16, 2008

IFC-World Bank Report Promotes Reforms for Women’s Entrepreneurship in Africa


The World Bank Group today released a new report that focuses on women entrepreneurship in Africa. Doing Business: Women in Africa is a joint effort between the IFC-World Bank Doing Business project and the World Bank’s Gender Action Plan, which was launched by German Chancellor Angela Merkel in February 2007.

The report is the first in a series of regional studies. It focuses on women entrepreneurs from Cameroon, Rwanda, Senegal, South Africa, Swaziland, Tanzania, and Uganda. It looks in depth at individual businesswomen who have faced legal and regulatory obstacles in each of these countries.

“This groundbreaking report is part of a gender research initiative that identifies the legal and regulatory barriers facing businesswomen in 181 countries. It highlights reforms that can level the playing field for women and create a better business environment, benefiting both women and men,” said Simeon Djankov, IFC-World Bank Chief Economist for Financial and Private Sector Development and founder of the Doing Business project.

See full Press Release.