The World Bank Annual Report 2017

The World Bank Annual report is available. The topic for this 2017 annual report is ''End extreme poverty, boost prosperity''.

To download the full report,please clic here

OPENING OF PADES OFFICE FOR KATANGA, KASAI AND ZAMBIA

ABIDJAN-LUBUMBASHI, 21 July 2017.

The African Programme for the Economic and Social Development(PADES) has opened few months ago in Lubumbashi its office for the Katanga, Kasai and Zambia.

The establishment of the PADES office in Lubumbashi is strategic as it will not be only used to support recipients from Katanga, Kasai and Zambia but the office will also work to prepare the opening of the Regional Office for Southern Africa to be located in Lusaka.

The Lubumbashi office will first contribute to the achivement of the Sustainable Development Goals (SDGs) 2 (Zero hunger) and 6 (Clean Water and Sanitation)

To contact PADES in Lubumbashi: Please visit us at:

2934, LAC LUPOPO Avenue, Gambela II, Lubumbashi, Democratic Republic of Congo

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: +243990152023

www.pades.org

 

WELCOME TO THE FRANCOPHONIE GAMES

COTE D'IVOIRE, ABIDJAN from 21 to 30 July, will be held the Francophonie games that will gather all athletes from French Speaking countries.

For more information on the game, please visit the Francophonie website(in French only) https://www.jeux.francophonie.org/cote-divoire-2017/decouvrez-cote-divoire

TRAINING ON PADES' PROJECT MANAGEMENT CYCLE

LUBUMBASHI, DRC, 29-30 JULY 2017.

PADES will held a training on Project Management Cycle for his staff from the Regional Office covering Katanga-Kasai and Zambia, from 29-30 July 2017. The training will be held at the PADES' Lubumbashi Office.

The training aims to provide to PADES staff usefull procédures and Tools on project management cycle.

Promoting women’s entrepreneurship

HAMBURG, Germany; Launch of Women Entrepreneurs Finance Initiative (We-Fi):

PADES is pleased to noticed that on the occasion of the G20 leaders’ summit, the World Bank Group has announced the creation of an innovative new facility that aims to enable more than $1 billion to advance women’s entrepreneurship and help women in developing countries gain increased access to the finance, markets, and networks necessary to start and grow a business.

The Women Entrepreneurs Finance Initiative (We-Fi), the first World Bank-led facility to advance women’s entrepreneurship at this scale, will work to enable more than $1 billion of financing to improve access to capital, provide technical assistance, and invest in other projects and programs that support women and women-led SMEs in World Bank Group client countries. The goal of the facility is to leverage donor grant funding – currently over US$325 million – to unlock more than $1 billion in IFI and commercial financing by working with financial intermediaries, funds, and other market actors.

Women Entrepreneurs Face Many Challenges

  • It is estimated that women-owned entities represent just over 30 percent of formal, registered businesses worldwide.
  • Yet, seventy percent of women-owned SMEs in developing countries are either shut out by financial institutions or are unable to receive financial services on adequate terms to meet their needs. This results in a nearly $300 billion annual credit deficit to formal women-owned SMEs.
  • Lack of networks, knowledge, and links to high value markets further constrain female entrepreneurship.
  • Moreover, unfavorable business and regulatory environments are among the barriers that still impede women entrepreneurs from accessing finance.
  • The fact that many emerging markets financial institutions have yet to develop a sustainable strategy to address this significant market gap represents a missed opportunity and constrains private sector development