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Story perspectives

Empowering African Women Could Boost Economy by $2.4 Trillion

3/8/2025

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Story summary
  • Investing in girls' empowerment in Africa could generate $2.4 trillion by 2040, according to a World Bank report.
  • Women make up 58% of Africa's self-employed workforce and control 70% of consumer spending, facing major obstacles.
  • Access to capital and mentorship is vital for women entrepreneurs in the tourism sector.
  • Successful women in tourism stress the need for visibility and representation to motivate future leaders.
  • Empowering women in tourism drives economic growth and social change for entire communities.