Focus on Women's Wealth Gap and Career Support

On International Women's Day, significant focus is on addressing the wealth gap for women entrepreneurs, who face structural barriers in achieving high-revenue businesses despite owning 40% of businesses. Access to capital remains a critical issue, as women receive less than 3% of venture capital funding and are approved less often for loans. More women in India are engaging in investment opportunities, promoting financial security through gold and Public Provident Funds. Employer-supported childcare can mitigate the child penalty, encouraging women to maintain career trajectories. Initiatives like the Rollins College Women in Finance Program encourage women to pursue finance careers, breaking into historically male-dominated fields. In Africa, the AWIEF partnership aims to bridge a $49 billion financing gap for female entrepreneurs by increasing access to finance and providing technical assistance.