Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Analysis & opinionAugust 28 2020

How gender bonds can reduce inequality and boost economies

The gender imbalance caused by women not participating fully in the global jobs market is creating an economic gap, which development funds are aiming to bridge through gender bonds and targeted financing. 
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

Anne-Marie Chidzero is the chief investment officer of FSD Africa Investments, an organisation that aims to reduce poverty through stronger financial markets. She also helped launch a fund, Alitheia IDF, that invests in female-led companies, and is a vocal supporter of the importance of gender balance in business and markets for the continent.

African women tend to be excluded from manual jobs on offer in the manufacturing or agriculture sectors because of social stigma and discrimination. If the gap between less inclusive countries and advanced economies were filled, based on the male-to-female participation ratios of 2018, 44 million African women would have joined the labour market across the continent, noted Andinet Woldemichael of the African Development Bank in an opinion piece for think-tank Brookings’s Africa Growth Initiative. Naturally, this would have translated into large economic gains: in the case of Niger, for example, it would have boosted gross domestic product by nearly 50%. 

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial
Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
Read more articles from this author