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Date: 20 Jun 2007
Title: Discrimination impacts on success of African business women
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Addis Ababa - The rampant gender-based discrimination hampering African women's success in business must be tackled through policy and programmes, the United Nations Economic Commission for Africa (ECA) study said.
Entitled "Lessons from Success Stories of African Women Entrepreneurs," the study has called for initiatives beyond micro credit schemes.
It pointed out that women continued to manage businesses which generate employment and tax revenue despite limited government support, negative social environments, institutional discrimination and lasting gender inequalities.
"If African nations are to reach the Millennium Development Goals (MDGs), a series of targets aimed at slashing social ills such as poverty by 2015, governments need to address these issues," said the report.
The study is based on the experiences of nine randomly selected women entrepreneurs in South Africa, Botswana, Burundi, Ethiopia, Malawi, Nigeria and Uganda.
It further noted that these women shared the ability to take risk, creativity, extraversion, optimism and social skills.
"None of the women said economic gain is the top indicator of success, but rather, success is comprised of honestly, reliability, hard work and the ability to spend more time with their families," it said.
The findings of the report will be discussed at a two-day workshop which kicked off Tuesday in Addis Ababa, Ethiopia. - BuaNews