Women in Business Newsletter


A publication of International Finance Corporation: Gender Entrepreneurship Markets


African Edition: July 2005



Introduction



IFC GEM welcomes you to its third quarterly newsletter designed to keep businesswomen in touch with key events, relevant research and, most importantly, each other! We provide brief descriptions of news, events, and online resources that will involve, inspire and inform you and others like you. This newsletter shares helpful news and information with women entrepreneurs around the world. If you or your business association have an event you would like to make known, have a success story to share, or would like to tell us what you would like to read more about, please email us. This newsletter is for YOU and we want to get you involved.



Table of Contents



News from IFC GEM and the World Bank Group
Global Gender News
Inspirational Quote
This Month's Spotlight
Call for Consultant CVs
Events
Links to Resources
Read PDF version of this newsletter


News



News from IFC GEM and the World Bank Group

Uganda's Minister of State for Investment Launches the GEM Gender and Growth Assessment, Holds Advocacy Workshops for Ugandan Women
More than 120 Ugandan women and men attended the launch of the GEM Gender
and Growth Assessment for Uganda in Kampala on May 18. The Assessment suggested that Uganda can grow faster by unleashing the economic power of women through speeding up the current process of removing barriers to business. read more >>


Thabo Mbeki makes a Stand for South African Women at the launch of the South African Women Entrepreneurs Network
The South African Women’s Entrepreneurs Network (SAWEN) was launched at an inaugural Annual General Meeting from 11th – 12th May in Johannesburg, South Africa. In his keynote address, President Thabo Mbeki reiterated the importance of gender equity in the fight against poverty, and invited SAWEN to attend the next Presidential Working Group on Women’s Empowerment.

SAWEN is a national network that facilitates and monitors the socio-economic advancement of women entrepreneurs. It was set up over 3 years with technical assistance from the IFC’s Africa Project Development Facility (APDF). read more >>


Inspirational Entrepreneur - Zoe Dean Smith, Gone Rural, Swaziland
Zoe Dean-Smith, the Managing Director of Gone Rural Swaziland is this edition's GEM for her inspiring commitment to uplifting the rural women in Swaziland, increasing awareness of HIV/AIDS and enhancing local communities through her handcrafts business.

Born and raised in Swaziland, Zoe is the public face behind Gone Rural, one of Swaziland's top three producers of handmade products and the country's most successful handcraft business. The organization provides rural women who would otherwise have few employment options with an income that greatly improves their quality of life and expands opportunities for their children. Today Gone Rural works with 772 rural women in 14 groups in the rural areas of Swaziland, and it employs 22 staff in at the workshop in Malkerns. The women create high-quality tableware,
floor mats, baskets and clay pots that are exported to about 525 retail outlets worldwide. In 2004, Gone Rural won a World Bank Development Marketplace award of US$10,000 to facilitate HIV/AIDS workshops for their 772 women.

Zoe has been the organization's tireless champion, advertising its work internationally and helping secure orders with companies such as the Conran UK stores in Paris and London. Zoe was one of the key speakers at the IFC workshop for Grassroots Business Organizations in Washington, DC in April 2005, where she met with senior World Bank officials, including the outgoing President James D. Wolfensohn to discuss her work and raise awareness about the devastating effects of HIV/AIDS in Swaziland.


Global Summit of Women in Mexico Promotes Wider Economic Participation
Nine hundred twenty five delegates from 75 nations joined the fifteenth annual Global Summit of Women in Mexico City to exchange ideas and strategies on starting and expanding a business enterprise. For fifteen years, the Summit has celebrated women’s leadership by bringing together women leaders from around the world. Mexico’s President Vicente Fox welcomed the record crowd that gathered at the opening ceremony of this year’s Summit on June 23. read more >>


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Global Gender News


Women’s participation and equal opportunity rank as action point for Bending the Arc for Africa
On 4th July, business leaders, international organizations and policy makers met in London as part of a long-term consultative process examining how the private sector can forge valuable partnerships with governments and civil society and mobilize resources to support the attainment of the Millennium Development Goals in Africa.

During the meeting, delegates noted specifically that businesses should encourage the participation of women by committing to equal opportunities.

Bending the arc is the official platform of the United Nations and NEPAD for addressing the leaders of the G8 on issues of African development.
read more >>


Woman power for South Africa
Phumzile Mlambo-Ngcuka, South Africa's new deputy president, has risen to a higher political office than any other woman in the country's history.

By appointing her, President Thabo Mbeki has signaled that South Africa could have its first female president after the 2009 elections. Mbeki is on record as saying that he would not mind a woman succeeding him. read more >>



African Women’s Development Fund wins Sigrid Rausing Trust Award
Earlier this year, the African Women’s Development Fund (AWDF) was awarded £100k for efforts in the area of women's rights. The AWDF is an Africa-wide fundraising and grant-making initiative for African women. It is an Africa-wide philanthropic institution, founded by 3 African? Women, to promote social change through the funding of autonomous women's organizations.
Since its inception, over $4m has been mobilized primarily from private philanthropic foundations like The Ford Foundation, Carnegie Corporation of New York and Comic Relief (UK). These funds are awarded as grants to women's organizations undertaking innovative and creative development initiatives, as well as to strengthen their capacity to extend resources and support to disadvantaged women on a sustainable basis. read more >>


Supporting African Women In Business: For Economic and Social Leadership
750 delegates converged in Cameroon on 18 – 19 April, to attend this conference organized by the African Development Bank. The forum provided a platform to formulate recommendations on networking for women business owners and how to provide effective support for the development of women’s
entrepreneurship. This was also an opportunity for delegates to identify key strategic areas for co-operation and coordination among stakeholders, to raise awareness amongst stakeholders from around Africa and to challenge the existing mindset about “women and business” in both the public and private sectors. Send an e-mail for more information.


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Inspirational Quote



"No government in South Africa could ever claim to represent the will of the people if it failed to address the central task of the emancipation of women."

- Thabo Mbeki, President of South Africa, at the launch of the South African Women Entrepreneurs Network


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Spotlight On:



The Pan African Women Invent and Innovate Awards Ceremony, Exhibition and Conference
On September 7th – 9th 2005, the International Finance Corporation’s Gender Entrepreneurship Markets will be celebrating and promoting women’s entrepreneurship in Africa at the International Conference Centre in Accra, Ghana. We invite you to nominate innovative African women in business for awards, as well as to participate in the exhibition and conference at http://africa.gwiin.info.

IFC GEM is delighted to sponsor and co-host the inaugural Pan African Women Invent & Innovate Awards Ceremony, Exhibition and Conference. This event is being organized by the Global Women Inventors and Innovators Network, supported by the Ministry of Women and Children Affairs (Ghana).


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Call for Consultant CVs



IFC GEM is looking for women and men experienced in the field of private sector development and gender for future short-term assignments. If you have relevant experience and would like to be included in our database, please email us.


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Events



Africa Diaspora Investment Forum

12 – 17 September, London, UK: This year’s theme is “harnessing the role of the Diaspora in capacity building – roundtable exploring electronic transfer of remittances as an option”. The forum will look at the goals and rationale of the Diaspora as an alternative source of Foreign Direct Investment either as personal remittances or remittances for investment in SME’s, Real Estate, Capital Markets and so on.

Seminar on Promoting Women Entrepreneurship in Africa — for more information, email afdb@afdb.org

Global Summit of Black Women Business Leaders read more >>

Africa Investor Investment Awardsread more >>

Donor Committee Conference: Assessing the Business Environmentread more >>

Email us details of your event.


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Links to Resources



The African Centre for Gender and Development

OECD Gender Tipsheets

Women's Economic Empowerment: Measuring the Global Gender Gap

BRIDGE

Email us to suggest a web link.


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Published by the Gender Entrepreneurship Markets unit of the
International Finance Corporation, managed by Amanda Ellis.
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