Feb 16 β€’ 04:44 UTC 🌍 Africa AllAfrica

Africa: World Entrepreneurs and Investment Forum Puts Women At the Heart of Economic Transformation

The World Entrepreneurs and Investment Forum emphasizes women's role as key architects of economic transformation, as articulated in the Manama Declaration.

The World Entrepreneurs and Investment Forum (WEIF), recently held in Bahrain, concluded with the issuance of the Manama Declaration, which strongly advocates for women's central role in driving economic change. This declaration shifts the perception of women from being mere beneficiaries of economic initiatives to their proper recognition as vital contributors to sustainable growth and innovation. It highlights the necessity of empowering women in various business ecosystems to ensure their active participation in economic transformation.

The declaration also specifically underscores the importance of increasing women's representation in emerging economic sectors, including the green, blue, and orange economies. These sectors are crucial as they foster environmental sustainability, manage ocean resources responsibly, and enhance creative industries. Such an emphasis aligns with global goals for inclusive growth and recognizes that women’s leadership and innovation can drive significant progress in these vital areas.

WEIF was organized by the UN Industrial Development Organization's Investment and Technology Promotion Office, assembling leaders, entrepreneurs, and investors from various countries to deliberate on strategies for building a more resilient global economy. The forum serves as a platform for exchanging ideas and initiatives that can empower women and promote investment in diverse sectors, ultimately aiming to foster an environment where economic opportunities are accessible to all, particularly women entrepreneurs.

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