Business

Dr. Awosika: Economic Empowerment Key To Women’s Advancement In Africa

Story Highlights
  • Awosika argues economic challenges
  • This will require men's understanding
  • This forum provides a platform for African women

Nigerian business leader Dr. Ibukun Awosika argues that economic challenges, not just gender bias, are the main roadblocks to empowering African women.

Leadership and Opportunity, Not Gender

Dr. Awosika, a former chairperson of First Bank of Nigeria, spoke at the African Women Leadership Forum. She highlighted that African women have a long history of leadership, but lack of economic opportunities hinders their full potential.

Focus on Economic Solutions

She proposes shifting the focus from fighting for leadership positions to creating a level economic playing field. This will require men’s understanding and support, as they hold many leadership roles. Highlighting the economic benefits of women’s empowerment can be a powerful tool.

Financial Inclusion and Education

Dr. Awosika emphasized the need for financial products and services tailored to women’s needs. She pointed out that women often lack the knowledge and tools for wealth creation. Educational programs can address this gap.

Breaking the Cycle of Poverty

Economic empowerment is crucial for breaking the cycle of poverty and enabling women to lead fulfilling lives. When both genders contribute fully, societies prosper, Dr. Awosika stressed.

Moving Beyond Stereotypes

She urged moving beyond stereotypes and focusing on systemic solutions. Women are Africa’s “underutilized assets,” and unlocking their potential requires supportive policies and structures.

Emotional Resilience for Women Leaders

Dr. Awosika also addressed the issue of emotional response in women leaders. She encouraged women to be persistent and fight for what’s right, rather than giving up in the face of challenges.

The Importance of the African Women Leadership Forum

This forum provides a platform for African women leaders to discuss challenges and strategies for advancement. It highlights the crucial role women play in shaping Africa’s future.

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