Prosperity And Economic Freedom of Women
Prosperity And Economic Freedom of Women: The Challenges Of Female Entrepreneurship In Cameroon
Date: 26th May 2021 – Time: 09:00 – 13:00
Venue: Head Quarters of the Denis and Lenora Foretia Foundation, Yaoundé-Cameroon (Register Here)
Women in Africa make up 58% of the self-employed population and are more likely than men to choose entrepreneurship not because they have a burning passion or the right skills, but because of a lack of better opportunities. It is a well-known fact that if women participated in the global economy to the same degree as men, the world economy would gain an additional $11 trillion in annual GDP. Studies show that women’s participation in the workforce contribute to the growth of a country’s economy
The Cameroon woman has for long been the economic backbone of the nation, yet she remains largely marginalized in the society generally and in the economic sector in particular. The 2019 statistics from the UN Office of Coordination of Human Affairs (OCHA) in Cameroon shows that 39% of the national population lives below the poverty line and this rate rises to 51.5% for women with 79.2% of them are underemployed.
Women are involved in so many income generating activities and various projects that helps to increase the country’s national wealth while creating jobs that enhances the advancement of women and the family (Nkafu DBI report, 2020). Despite this recognized potential, female entrepreneurs in Cameroon still faces enormous challenges (family constraints, lack of education and training, gender inequality, difficulty to access finance, fear of failure, and timidity) that hinders them from achieving prosperity and economic freedom. The vast majority of Cameroon women, regardless of educational level, find themselves in a disadvantaged position in the economic sphere. Despite the clear economic and social gains, numerous structural and cultural barriers impede women from entering, remaining, or advancing the business world.
It therefore against this framework that the Small Business Entrepreneurship Center (SBEC) of the Denis and Lenora Foretia Foundation seeks to promote the economic freedom and prosperity of female entrepreneurs in Cameroon by addressing the challenges they face.
Objective of the panel discussion
The main objective of this panel discussion is to promote the economic freedom and prosperity of female entrepreneurs in Cameroon by address their challenges.
- To examine the contribution of women in entrepreneurship to wealth creation To provide in-depth analysis of the female entrepreneurial ecosystem in Cameroon.
- Examine the current challenges of female entrepreneurship in Cameroon.
- Critically assess government measures put in place to promote female entrepreneurship in Cameroon.
- Identify and propose possible measures to ameliorate the conditions of women in entrepreneurship in Cameroon.
- Experts in Public Policy and Policymakers
- Economists and Researchers
- Civil Society Organisations and other interested stakeholders
- Members of SBEC Network
- General public
Expected outputs and outcomes
At the end of the panel discussion, they participants will understand;
- The contribution of women in entrepreneurs in wealth creation
- The female entrepreneurial ecosystem in Cameroon
- Current challenges faced by female entrepreneurs and government measures put in place to promote female entrepreneurship in Cameroon
- The possible measures needed to ameliorate the conditions of women in entrepreneurship in Cameroon.
This panel discussion is organised by the Small Business Entrepreneurship Center (SBEC) of the Denis and Lenora Foretia Foundation
Venue and Date
The panel discussion is scheduled for the 26th May 2021 at the Denis and Lenora Foretia Foundation Headquarters in Simbock, Yaoundé-Cameroon from 9:00am to 13:00pm
Denis and Lenora Foretia Foundation
Tel: (+237) 22 31 15 84 / 654 86 72 54/ 698 64 55 24