A global vision for the future where gender equality is the thriving force of our economy and society

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Gender Economic Vision Africa - Stakeholder Meetings 2020 - Gender Economic Governance

Gender Economic Governance Stakeholder Meetings 2021 Africa

This year, the GEG STAKEHOLDER MEETINGS 2021 are online

This new event format will include alongside live-streaming of keynote sessions and online engagement (+10,000 viewers over the 1 day regional meeting covering Africa, Americas, Arab States, Europe and Asia Pacific). Since the number of in-person spots is limited, please ensure that you have registered online to guarantee your place. MOH International is looking forward to welcoming you all to celebrate our 10th edition together in March.

GEG 2020's overarching theme, 'A global vision for the future where gender equality is the thriving force of our economy and society', is based on the importance of sustainability. Businesses play an essential role in finding solutions to better the future of our continent. Through our sessions, including high-level plenaries, expert roundtables, interactive talks, short expert presentations and networking moments, GEG 2020 will highlight a new approach to women’s participation in the economy and its focus on the macro-critical impact and sustainable transformation that gender economic governance has on economies and societies.

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Gender inequality in Africa remains high, and progress toward gender parity has stagnated. This is a large missed opportunity for African societies and for the continent’s growth prospects.

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Full Report (PDF-1MB)

Africa has so much promise. The continent is home to some of the world’s fastest growing economies and offers an exciting frontier for businesses looking for growth and new markets. And yet, persistent gender inequality is limiting its potential. Pockets of good news do exist, but they tend to be success stories for women at the top of the pyramid, but not for millions of ordinary African women. Because of the failure to embrace gender diversity, millions of women and Africa’s overall social and economic progress will not reach their full potential.

If Africa steps up its efforts now to close gender gaps, it can secure a substantial growth dividend in the process. Accelerating progress toward parity could boost African economies by the equivalent of 10 percent of their collective GDP by 2025, new research from the McKinsey Global Institute finds.

This report explores the “power of parity” for Africa, looking at the potential boost to economic growth that could come from accelerating progress toward gender equality. It builds on MGI’s global research on this topic since 2015 and further develops the thinking contained in McKinsey’s long-established research on women in leadership roles and, in particular, its report Women Matter Africa published in 2016.

TABLE OF CONTENTS

1. Progress toward gender parity in Africa has stalled—a missed growth opportunity

2. On gender equality in work, Africa’s progress is similar to other regions, largely due to high women’s labor-market participation

3. Africa lags behind other regions on progress toward gender equality in society

4. To achieve new impetus toward gender parity, all stakeholders need to act in five priority areas