There is need to encourage more women in the investment sector of the Ethiopian economy according to the Ministry of Women and Children Affairs (MOWCA). The minister of Women and Children Affairs, Yealem Tsegaye, while addressing the press pointed out that the regular involvement of women in the investment sector will enhance productivity in the country. The minister also pointed out that several model women investors are coming into the scene from different parts of the country. She, however, stated that there is still a big lacuna between the number of those involved and those who are not. Fifty-one percent of the populations are women but the number of women investors in comparison with the total population size is insignificant. In essence, women are not in positions they should be to effect positive change in the country. Furthermore, Yealem Tsegaye pointed out that the government is working painstakingly in supporting,…
UAE organization to Help 25,000 Women Realize True Potential
On 19 June 2018 at United Nations Headquarters, Signing Ceremony for Agreement with NAMA Women Advancement Establishment Director Reem BinKarem; Permanent Representative of the United Arab Emirates to the United Nations Ambassador Lana Nusseibeh, and UN Women Executive Director Phumzile Mlambo-Ngcuka. Sharjah: The UAE-based non-profit Nama Women Advancement Establishment (Nama) has set in motion plans to improve the lives of more than 25,000 women living in poverty in UAE, South Africa and other regions, in a recently signed Memorandum of Understanding. Nama and UN Women signed a Memorandum of Understanding (MoU) in New York recently to consolidate their efforts in implementing the UN Women flagship programme ‘Stimulating Equal Opportunities for Women Entrepreneurs’, with support from UN Women headquarters. To be implemented in a period of three years, the programme will target approximately 25,000 women, especially those living in poverty and facing heightened social discrimination, and seek to stimulate demand for…
All-Women Indian Navy Crew Returns to Goa after Historic Circumnavigation
An all-woman crew commanding the INSV Tarini on Monday returned to Goa after successfully circumnavigating the globe in a 55-foot sailboat in more than eight months, the first-ever Indian expedition steered by women sailors. India’s Defence Minister Nirmala Sitharaman and Navy Chief Admiral Sunil Lanba welcomed the crew at INS Mandovi boat pool in Panaji – the state capital of Goa, India. The ‘Navika Sagar Parikrama’ expedition was flagged off on September 10. Terming the expedition historic, Sitharaman said Prime Minister Narendra Modi would meet the six crew members in Delhi on Wednesday. Led by Lieutenant Commander Vartika Joshi, the crew comprising its commanders Pratibha Jamwal and Swati P, lieutenants Aishwarya Boddapati, S Vijaya Devi and Payal Gupta covered a total of 21,980 nautical miles in INSV Tarini, inducted into the Indian Navy on February 18 last year. “Prime Minister Narendra Modi kept a tab on what is going on…
Lebanon Hosts First All-Female Classic Car Rally
Lebanon has hosted its first ever women-only classic car rally, with female drivers flying in from across the world for the occasion. The 28 drivers in the two-day Rallye des Graces event include women from France, the United Kingdom, China, and Algeria. They set off on Saturday from the Automobile and Touring Club of Lebanon, a seaside club in Kislik, north of Beirut, and are to tour the country, as far east as the Bekaa plain along the border with Syria. Organizer Chahrazad Rizk told AFP she wanted to bring the event to Lebanon after taking part in similar rallies in Switzerland. “The idea is to organize a women’s rally each time in a different Middle Eastern country,” said Isabelle Labrousse, a driver who made her first visit to Lebanon for the occasion. After leaving Kislik, the cars parked briefly under the searing sun at the ancient port of Byblos.…
The Essence of Gender Diversity on Corporate Boards
Despite the mountain of evidence from reputable organizations worldwide demonstrating the return on investment of promoting women to leadership positions, many companies remain in a time warp, continuing to pay lip service to equality and gender diversity. A report, called the Bridging the Gender Gap in Venture Capital, done by Babson College based in Wellesley, MA, found that in venture capital circles, women lose out. The report, released last month, found that only 2.7 percent of the 6,517 companies in the United States that received venture capital funding between 2011 and 2013 were headed by a woman. And those companies only received 3 percent or $1.5-billion of the total $50.8-billion invested during that timeframe. How does one explain the fact that highly educated people who profess to understand the business case for women still don’t get it? My recent encounters with several clients seeking to shift the gender imbalance within…
Call for Adopting Projects of Women with Disabilities
DOHA: Minister of Administrative Development, Labour and Social Affairs, H E Dr Issa bin Saad Al Jafali Al Nuaimi, called for the need for communities to adopt and apply all plans and projects that benefit women with special needs, to ease their integration and realize their citizenship through exercising their rights and duties, based on the international conventions related to protecting human rights. Speaking at the Third Doha International Blind Conference “Blind women are partners in building and development of society”, the Minister called on all communities to promote and protect the rights of women with visual disabilities and develop their human, social and economic situation by dealing with them on the basis of their ability to give. In addition, the Minister urged to qualify them in order to be financially independent, which become part of integrating people with visual disabilities into the society, have them participate in the development…
African Union Chair Vows to Fight Discrimination Against Women
Chairperson of the African Union Commission Moussa Faki Mahamat vowed to fight discrimination against women. The African Union Commission (AUC) chairperson Moussa Faki Mahamat vowed to fight sexual discrimination against women and called for the Pan African Parliament (PAP) to be given full legislative powers to help address the problems facing the continent. Mahamat made his comments at a press conference, and as PAP’s guest of honour, following the opening ceremony of the Sixth Ordinary Session of PAP’s Fourth Parliament in Midrand on Monday. One of the problems facing the AU is that member states have failed to ratify many of the instruments adopted by the continental organization, according to the chairperson. “Words have to be turned into actions,” said Mahamat. The issue of peace and security was something that also needed to be addressed even though there had been an improvement in the security situation in Africa. “In some…