The AfDB says economic growth has to be gender inclusive
The Board of the African Development Bank Group, AfDB, on Thursday approved a new Gender Strategy from 2014 to 2018 to achieve improvement in Africa’s transformation.
The bank disclosed this in a statement posted on its Website.
The President of the bank, Donald Kaberuka, said that economic growth has to be gender inclusive.
Mr. Kaberuka said economic growth was not sufficient to create gender equality, but required political and practical will to drive the gender agenda forward.
He said that it was stark fact that half of Africa’s people bore considerably more than half of the problems in the continent.
“Real growth has to be for women as much as for men, for younger people as for older, for rural communities as much as urban.
“We know that economic growth alone does not suffice to create gender equality; it requires political and practical will to drive the gender agenda forward,” the AfDB President said.
AfDB’s Special Envoy on Gender, Geraldine Fraser-Moleketi, said that the strategy was a quest to establish equal opportunity for men and women to benefit from Africa’s economic transformation.
She said that the core objective of the strategy was to promote inclusive growth which would broaden the opportunities for women and men at the centre of Africa’s transformation.
Ms. Fraser-Moleketi said that promoting gender equality was in line with two other areas of special emphasis in the bank’s strategy.
According to her, this includes supporting fragile states and supporting agriculture as well as food security.
“We must make gender the business of all staff in the bank. We want to create a bank that lives and breathes gender equality and this strategy gives us the vision, the nuts and bolts of how we will do it.
“That work must and will be measurable in line with bank-wide processes of monitoring and evaluation,” she said.
Ms. Fraser-Moleketi said that the strategy was that development would not happen unless women were fully included in the process. She said that the gender strategy was closely aligned with the bank’s `over-arching 2013-2022 Strategy’.
About 78 per cent of the bank’s newly- launched projects in 2012 had at least one gender indicator above its target of 70 per cent.
Two thirds of its new projects were highly rated for their gender components with agriculture, water and sanitation sectors scoring best.