{"id":11194,"date":"2021-08-31T05:26:06","date_gmt":"2021-08-31T05:26:06","guid":{"rendered":"https:\/\/gracamacheltrust.org\/?p=4735"},"modified":"2021-08-31T05:26:06","modified_gmt":"2021-08-31T05:26:06","slug":"expert-leaders-group-and-country-chapter-networks-introductory-and-joint-agenda-setting-meeting","status":"publish","type":"post","link":"https:\/\/test.gbstudio.co.za\/gmt\/featured\/expert-leaders-group-and-country-chapter-networks-introductory-and-joint-agenda-setting-meeting\/","title":{"rendered":"Expert Leaders Group and Country Chapter Networks Introductory and Joint Agenda Setting Meeting"},"content":{"rendered":"<p>Opportunities exist to deepen and accelerate financial inclusion through digital finance as a lever for contributing to economic recovery and growth. On 25th August 2021, the GMT Expert Leaders Group (ELG) and the Network leads held a joint meeting to highlight the 3-year work plan and regional analysis of COVID-19 Women&#8217;s Financial Inclusion in the Digital Economy. This high-level Expert Group of African Women Leaders in the finance sector is a GMT-led group of strong actors to drive systemic action to advance women&#8217;s active participation in the digital economy.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_4752\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-4752\" class=\"lazyload wp-image-4752 size-fusion-600\" src=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-600x342.png\" data-orig-src=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-600x342.png\" alt=\"\" width=\"600\" height=\"342\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27600%27%20height%3D%27342%27%20viewBox%3D%270%200%20600%20342%27%3E%3Crect%20width%3D%27600%27%20height%3D%27342%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-200x114.png 200w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-300x171.png 300w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-400x228.png 400w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-500x285.png 500w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-600x342.png 600w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-700x399.png 700w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-768x438.png 768w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-800x457.png 800w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-1024x584.png 1024w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-1200x685.png 1200w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1-1536x877.png 1536w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el1.png 1642w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-4752\" class=\"wp-caption-text\"><em>Expert Leaders Group Convening.<\/em><\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span data-preserver-spaces=\"true\">The convening began with opening remarks from ELG leader Dr Tukiya Kankasa-Mabula. She explained that having all stakeholders present was a way to move global interventions to local. The session was more about peer learning than peer learning rubberstamping the ELG plan. Dr Tukiya&#8217;s introductory message was followed by the Expert Leaders Group on Women&#8217;s Financial Inclusion 3-year work plan presented by GMT&#8217;s Director of Programmes, Dr Shungu Gwarinda.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0&#8220;The goal of the ELG is to influence transformative policy actions that promote opportunities to advance the growth of women&#8217;s businesses as a pillar of economic recovery and reconstruction from the impact of the COVID-19 pandemic in Africa, &#8221; echoed Dr. Shungu Gwarinda.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The agenda of the ELG is to push for bold actions to advance:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Women&#8217;s financial inclusion;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Leveraging of the digital economy to promote women&#8217;s entrepreneurship;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Unlocking of resources for increased investment in women&#8217;s businesses for growth.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_4736\" style=\"width: 724px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-4736\" class=\"lazyload wp-image-4736 \" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27714%27%20height%3D%27393%27%20viewBox%3D%270%200%20714%20393%27%3E%3Crect%20width%3D%27714%27%20height%3D%27393%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/Action-pillars-of-the-ELG-600x330.png\" alt=\"\" width=\"714\" height=\"393\" \/><p id=\"caption-attachment-4736\" class=\"wp-caption-text\"><em>Action pillars of the ELG<\/em><\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span data-preserver-spaces=\"true\">Participants also weighed in on ELG&#8217;s three-year plan. Among the suggestions shared were the need to have and use Gender-disaggregated data to assess the situation and develop appropriate, evidence-based responses and policies. In addition, the need to explore an insurance perspective as most times focus on access to finance and insurance isn&#8217;t part of the conversation, and the deterrent is unawareness and education. There was also the subject of using mobile money for building a credit\/transactional history that can be used with collateral to get financing.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_4753\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-4753\" class=\"lazyload wp-image-4753 size-fusion-600\" src=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-600x349.png\" data-orig-src=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-600x349.png\" alt=\"\" width=\"600\" height=\"349\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27600%27%20height%3D%27349%27%20viewBox%3D%270%200%20600%20349%27%3E%3Crect%20width%3D%27600%27%20height%3D%27349%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-200x116.png 200w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-300x175.png 300w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-400x233.png 400w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-500x291.png 500w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-600x349.png 600w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-700x407.png 700w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-768x447.png 768w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-800x465.png 800w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-1024x596.png 1024w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-1200x698.png 1200w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2-1536x894.png 1536w, https:\/\/test.gbstudio.co.za\/gmt\/wp-content\/uploads\/2021\/08\/el2.png 1633w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-4753\" class=\"wp-caption-text\"><em>Some of the participants during the Expert Leaders Group Convening.<\/em><\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span data-preserver-spaces=\"true\">The meeting ended with a presentation of the Women&#8217;s Financial Inclusion in the Digital Economy: Regional Analysis of COVID-19 Economic Responses Study. It had several key insights including:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">In developing economies where the vast majority of women&#8217;s employment \u2013 70 % \u2013 is in the informal economy, COVID-19 regulations mainly affected them. Some of them had to Downsize and lay off staff.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">There was an increase in child marriages, teenage pregnancies and gender-based violence.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Control measures such as transport restrictions, quarantine, social distancing, and bans on weekly markets also affected businesses.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Virtual marketplaces have become the norm for both businesses and consumers.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The study revealed that about half of the participants had digitalised their products and services before COVID-19.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Opportunities exist to deepen and accelerate financial inclusion through digital  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":4753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_rtcl_gb_attr":"","footnotes":""},"categories":[292,4,95],"tags":[281,549,105,142,550,551],"class_list":["post-11194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-featured","category-womens-economic-and-social-advancement-highlight","tag-expert-leaders-group","tag-network-of-african-businesswomen","tag-new-faces-new-voices","tag-wesa","tag-women-in-finance","tag-womens-financial-inclusion"],"acf":[],"_links":{"self":[{"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/posts\/11194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/comments?post=11194"}],"version-history":[{"count":0,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/posts\/11194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/media\/4753"}],"wp:attachment":[{"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/media?parent=11194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/categories?post=11194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.gbstudio.co.za\/gmt\/wp-json\/wp\/v2\/tags?post=11194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}