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In a bid to advance gender equality and women’s economic empowerment, Bill and Melinda Gates Foundation have announced an investment of $170 million towards it.
Primary focus
The Gates Foundation is targeting its investment on four major areas, which are digital financial inclusion, increased job opportunities, support for the agricultural sector and women’s support groups.
The investments will be primarily focussed in India, Kenya, Tanzania, and Uganda. It will build on the foundation’s previous financial commitments to advance progress on gender equality, including $80 million for gender data, advocacy and accountability, of which $20 million was dedicated to supporting women’s movements.
“One of the most profound ways a woman can make life better for herself and her family is to take control of her economic future,” said Melinda Gates, co-chair of the Bill and Melinda Gates Foundation.
The investments will be primarily focused in India, Kenya, Tanzania, and Uganda. It will build on the foundation’s previous financial commitments to advance progress on gender equality, including $80 million for gender data, advocacy and accountability, of which $20 million was dedicated to supporting women’s movements.
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