‘Women need to take charge’

2011-02-09 10:45

Woman have to take control of Africa’s economies over the next 15 years, president of the Foundation for Community Development of SA, Graca Machel said today.

“One of the fundamental changes which has to take place in our continent, it’s precisely women controlling wealth, leading business and having their voice and aspirations heard alongside big businesses,” Machel told a gathering of businesswomen in Pretoria.

Encouraging 10 women who made it to the final phase of a training and mentoring project for businesswomen, funded by the Spanish government, Machel said they must use their network to change policies in their respective countries.

The women were all from post-conflict countries, such as South Africa, Liberia, Rwanda and Mozambique.

Machel, the wife of former President Nelson Mandela, said these women were reaping the dividends of peace.

On the financial sector, Machel said the world’s financial system had no future without women.

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