Sharp Daily
No Result
View All Result
Sunday, July 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

The role of gender bonds in African economies

Effie Zuma by Effie Zuma
March 20, 2024
in News
Reading Time: 1 min read

FSD Africa, British International Investment, and the United Nations Entity for Gender Equality and the Empowerment for Women have introduced a gender bonds framework, aimed at integrating gender considerations into capital markets issuances across Africa.

This framework targets the streamlining of the gender bonds issuance process, previously hindered by uncertainties. Mary Njuguna, a senior principal specialist in capital markets at FSD Africa, disclosed that approximately USD 735 million worth of gender bonds have been issued in Africa over the past three years, in contrast to a global issuance totaling USD 14.5 billion.

Gender bonds are specifically crafted financial instruments directed towards financing initiatives promoting gender equality and empowerment.

These endeavors encompass supporting women’s empowerment, facilitating access to education and healthcare for women and girls, combating gender-based violence, and fostering women’s economic inclusion.

RELATEDPOSTS

No Content Available

Despite constituting a mere fraction of the global sustainable investment market, estimated at over USD 40.0 trillion, gender-labelled financial products amount to approximately USD 17.0 billion worldwide, as per the International Institute for Sustainable Development. In Africa, where economic vitality hinges on Micro, Small, and Medium Enterprises (MSMEs), regardless of gender, gender bonds could serve as a crucial instrument. Njuguna highlighted that a staggering 90.0% of businesses in Africa are MSMEs, contributing 80.0% to the workforce and 50.0% to the GDP. However, only 18.0% of MSME lending in the region reaches female-led MSMEs, despite women displaying superior non-performing loan rates.

Overall, gender bonds possess the potential to mobilize substantial resources and attention toward bridging the financing gap for women and advancing gender equality. However, their effectiveness hinges on factors such as investor demand, issuer transparency, and the efficacy of funded initiatives in effecting tangible social and economic changes for women and girls.

Previous Post

Government announces crackdown on road unworthy vehicles amid surging accidents

Next Post

Proposal to remove age restriction for HELB loans under review

Effie Zuma

Effie Zuma

Related Posts

commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025

LATEST STORIES

Shri Krishana Overseas lists on NSE

July 25, 2025

Why young professionals should care about pensions

July 23, 2025

How Kenya can reinforce fiscal rules to prevent recurrent budget overruns

July 23, 2025
commercial illustrator

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025

Transferring Your Retirement Benefits Between Pension Schemes in Kenya

July 23, 2025

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025

The Importance of Asset Diversification on Kenyan Pension Funds

July 18, 2025

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024