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Regional Perspectives | Africa

January kicked off the African Union’s Year of the Arts, Culture and Heritage, in recognition of the crucial role of the cultural and creative industries in achieving the development objectives of Agenda 2063. Africa is endowed with a rich and diverse heritage and a dynamic arts scene. However, the growth potential of the culture sector is hampered by industry fragmentation, irregularity, and a lack of access to resources, technology and global markets. During the Year of the Arts, Culture and Heritage, the rich diversity of African culture will take centre stage in a range of activities spanning cultural heritage, the arts, languages, the restitution of cultural property, and the establishment of the Great Museum of Africa. The Year will also be an occasion to scale up initiatives and projects for peace and sustainable development throughout the continent to promote pan-African unity, self-determination, freedom, progress and collective prosperity. UNESCO is committed to supporting Africa in the pursuit of these goals as it has done over the past 20 years by conferring “Global Priority” status to Africa across the Organization’s programmes.
When women are supported, they deliver. When you empower women, everything changes. When women win, Africa wins.
Akinwumi A. Adesina, President, African Development Bank

The African Development Bank Board approved a new Gender Strategy for 2021-2025 "Investing in Africa's women to accelerate inclusive growth”. The strategy aims to overcome obstacles to women’s inclusive economic and social development in Africa through enlarging their access to finance and markets, jobs and skills development, and social services. The Africa region has the highest percentage of women entrepreneurs in the world, yet gender inequality in sub-Saharan Africa alone costs the labour market US$95 million each year. The current COVID-19 pandemic has forced 80% of women-owned small and medium enterprises to temporarily or permanently shut down, as reported in a recent study by the African Development Bank, UN Women and Impact Her. The new strategy injects fresh promise for equitable development in the region, and will draw on the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative as a means of unlocking some US$5 billion over the next five years to support women’s small and medium enterprises.