Vice President Harris Met With Women Entrepreneurs On Africa Trip, Announces $1B Funding Initiatives For Women’s Empowerment And Growth In Africa
Harris learned about each woman’s background and how they have established successful businesses. The participants spoke about the challenges they experienced opening their companies in Ghana and the opportunities and impact they’ve made on their communities.
Her last day in Ghana with the women came with the announcement of commitments of public and private funds worth over $1 billion to help close the gender gap in access to technology, education, development and any other assistance needed to help increase women’s stake in the economy of Africa.
The funds and programs announced were the final building blocks of initiatives launched at the U.S.-Africa Leaders Summit in December, including the Digital Transformation with Africa Initiative.
The initiative includes $60M to launch the Women in the Digital Economy Fund. It also outlined $400M in private sector commitments to support closing the gender digital divide.
$580M was committed to supporting women’s economic empowerment in Africa. The announcement detailed newly provided resources and other significant stockholders that will contribute funds and opportunities. This allotment also included funding allocated to advance gender equality across the continent.