Deputy CEO of Exim Bank urges women to embrace technology to compete in new frontiers
Ghana Exim Bank (GEXIM) Deputy Managing Director, Head of Banking and Business Rosemary Beryl Archer has urged women to embrace technology and leverage it to advance and compete in new frontiers that were previously unreachable .
Ms Archer launched the call to mark this year’s observance of International Women’s Day, which falls on Tuesday 8 March 2022 with the theme “Gender equality today for a sustainable future”. She further sent her best wishes to all the women around the world who are making great strides in their fields and making an impact in their communities.
“I extend my warmest congratulations to all women on this day which aims to honor female actors in the industry and those in socio-political spheres around the world. The contribution of women to the various facets of our economy has been paramount. , although insufficiently recognized. Even in the face of the growing challenges posed by the COVID-19 pandemic, women have held the fort and provided stability and progress in many spheres of our economy. Despite this, women also seem to have been the most affected by the ravages of recent global challenges,” she said.
According to a study by the International Labor Organization, about 4.2% of women’s jobs were lost due to the pandemic from 2019 to 2021, compared to 3% of men. He further revealed that the number of men in employment is expected to return to pre-pandemic levels by the end of 2021, while the number of women is expected to be 13 million lower around the same time.
While there may be many ways to remedy the situation, Ms Archer highlighted trade as one of the most powerful sources of hope in this situation and pleaded for us to pursue trade as a viable alternative to economic growth and rejuvenation.
“A World Bank publication in 2020 indicated that trade can radically improve women’s lives, create new jobs, improve consumer choice and increase women’s bargaining power in society. in the report, World Bank Managing Director Mari Pangestu revealed that trade can expand women’s role in the economy and reduce disparities with men by providing women with more and better job opportunities, and seizing these opportunities will be even more important in a post-COVID -19 world,” she stressed.
Ms Archer further called on men in the relevant spheres of influence to deliberately walk hand-in-hand with their female counterparts as they strive to move forward on the path of growth and progress. She added that such a step is necessary to carry out the campaign for gender equity.
In line with this year’s theme “Gender Equality Today for a Sustainable Future”, GEXIM is committed to advancing the journey of women participating in local production, agribusiness and exports of manufactured goods. in Ghana to drive the government’s industrialization agenda.
GEXIM has, over the past two years, offered support to women involved in agro-industry, manufacturing, food processing and has supported the construction of four (4) shea processing centers (through the Shea Empowerment Initiative) and the establishment of the GEXIM SME Tuesday Market platform to primarily showcase products made in Ghana, mostly led by women.
Several other initiatives will soon be launched by the bank with the aim of fostering the journey of Ghanaian women in local production and international trade. These initiatives should provide the necessary impetus for the sustainable development of trade and the economy of the country as a whole.