In Sub-Saharan Africa, evidence shows that investing in women’s and girls’ education, health and economic opportunities is fundamental to realizing the continent’s human capital potential and spurring sustainable economic growth. Over the past few decades, countries in the region have made considerable progress addressing a range of outcomes that are critical for women’s and girls’ empowerment, including legal reforms on the age of marriage and gender-based violence. However, women and girls remain particularly vulnerable by the effects of the COVID-19 pandemic, which has exacerbated existing gender gaps and inequalities. The COVID-19 response must therefore be centered on protecting, preserving and sustaining financial and social investments in women and girls. As part of the Human Capital Project Global Forum, which brings together government focal points from around the world, this event will highlight testimonies from voices with first-hand experience and expertise on why protecting and advancing women’s and girls’ social and economic empowerment in the immediate and ...
Young people are the drivers of Africa’s economy and future. With eleven million youth expected to enter Africa’s labor market every year for the next decade, now is the time for urgent action to build and nurture the region’s human capital. The event focused on the future of Africa’s youth through the lens of inspirational youth leaders, policy makers, and civil society to collectively highlight the challenges, aspirations, and actions taken to help build the human capital of the next generation. It kicked off with a presentation of the “The Future is Me” video showcasing Africa’s youth and the future of the continent, followed by World Bank Vice President for Africa Hafez Ghanem’s announcement of the launch of the ambitious Human Capital Plan for Africa. His Majesty King Letsie III of Lesotho in the keynote address stressed why investments in human capital are essential for long term, sustainable economic growth, and urged everyone to ...