The OECD-MENA Women s Business Forum

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The OECD-MENA Women s Business Forum Supporting Women s Entrepreneurship Development in the Middle East and North Africa since 2007

The OECD-MENA Women s Business Forum Women in the MENA region: an untapped potential About the OECD-MENA Women s Business Forum Origins and mission Focus Leadership and ownership Achievements Events Analysis

WOMEN IN THE MENA REGION: AN UNTAPPED POTENTIAL Women remain an untapped resource for driving growth and competitiveness in the Middle East and North Africa (MENA). They represent half of the region s employment potential, yet today only 27% of working age women in MENA enter the labour force, as compared to 65% in OECD countries. Women s entrepreneurship rates are also among the lowest in the world, with only about 9% of adult women starting businesses, less than half the rate of men (19%). 1 This despite studies showing that women-led firms in the formal MENA region are internationally competitive, well established, and contribute to job creation 3. While there have been improvements in many MENA countries in the operational environment for private enterprises, stronger and more targeted efforts are needed to support businesses, in particular women-led firms. KEY FACTS ABOUT WOMEN S ECONOMIC PARTICIPATION IN THE MENA REGION Over 90% female-to-male enrolment rate in almost all MENA countries in primary, secondary and tertiary schools, with women outnumbering men in tertiary education in over half the countries Women hold ownership positions in only 20% of businesses in MENA, compared to 32% in OECD countries and 39% in Latin America and the Caribbean 2 1 IDRC (2009), Global Entrepreneurship Monitor: GEM-MENA Regional Report 2 World Bank (2005-2009), Enterprise Surveys 3 World Bank (2008), The Environment for Women s Entrepreneurship in the Middle East and North Africa 2

THE OECD-MENA WOMEN S BUSINESS FORUM ORIGINS OF THE WBF: A MENA-OECD MINISTERIAL COMMITMENT At the 2007 MENA-OECD Ministerial Conference, MENA ministers adopted the Declaration on Fostering Women s Entrepreneurship in the MENA Region. In 2009, they endorsed the Action Plan on Fostering Women s Entrepreneurship and Employment in the MENA Region. Ministers agreed that implementation of this work would be driven by the newly-launched OECD-MENA Women s Business Forum (WBF). AN OPEN AND GROWING NETWORK The WBF has become an open and growing interregional network which leverages the expertise of over 200 women and men leaders from the private sector, government, international organisations and civil society to support the growth and development of women-led businesses in the Middle East and North Africa. Through regional conferences, capacitybuilding workshops and policy analysis, it helps governments and the private sector make concrete improvements to the business environment for women entrepreneurs. The MENA-OECD Women Business Leaders Forum, held at the 2007 MENA-OECD Ministerial Meeting which endorsed the Declaration on Fostering Women s Enterpreneurship in the MENA Region MAINSTREAMING WOMEN S ENTREPRENEURSHIP IN MENA AND OECD POLICY FORA The WBF s analysis and recommendations feed into the broader policy dialogue of the MENA-OECD Investment Programme through its Steering Group, Business Council and Working Group on SMEs, Entrepreneurship and Human Capital Development. Through participation in OECD events such as committee meetings or the annual OECD Ministerial Forum, the WBF aims at further mainstreaming women s issues into international policy fora and seeks to help identify areas where targeted intervention is needed to support women-led businesses. 3

FOCUS FOCUS AREAS OF THE WBF 1. Ensuring policy leadership and institutional co-operation 2. Improving women entrepreneurs access to credit and financial services 3. Strengthening the provision of tailored business support services 4. Building the advocacy capacity of the businesswoman s community 5. Supporting greater research efforts and data collection on women s entrepreneurship The 2009 WBF Ministerial Conference in Beirut focused on Enhancing the Business-Enabling Environment for Women in Arab Economies. Panelists included (right to left*): U.S. Ambassador to the OECD H.E. Karen Kornbluh, Moroccan Minister for Economic and General Affairs H.E. Nizar Baraka, Palestinian Minister of Justice H.E. Ali Khashan, Lebanese Minister of State H.E. Adnan Al Kassar, Lebanese Minister of Finance H.E. Raya Haffar El-Hassan and Director of the Groupement Professionel des Banques du Maroc El Hadi Chaibainou) *Positions held at time of the meeting 4

LEADERSHIP STRUCTURE AND AND MEMBERSHIP OWNERSHIP CO-CHAIRS attend annual meetings and validate overall direction MEMBERS AT LARGE enable the WBF to act as a hub for the myriad organisations working to promote women s economic empowerment H.E. Ms. Dina Kawar, Jordanian Ambassador to France (left) and H.E. Ms. Karen Kornbluh, U.S. Ambassador to the OECD (right). Private sector & NGOs: Businesswomen's associations, business leaders, entrepreneurs PARTNER INSTITUTIONS enrich the work of the WBF with their expertise and networks. Current partners include the Council of Arab Businesswomen, the Centre of Arab Women for Training and Research (CAWTAR), Union of Arab Banks, World Association of Women Entrepreneurs and various national women s business associations. International organisations & experts: ILO, OECD, World Bank, UN, academia Government: Policy makers, women s councils, small business support agencies LOCAL TASK FORCES composed of representatives from government, private sector and academia from over 12 MENA economies provide regional input and guidance and strengthen impact on the ground. The WBF is working to establish task forces for all 19 MENA economies which participate in the MENA-OECD Investment Programme 1. 1 Algeria, Bahrain, Djibouti, Arab Rep. of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestinian Authority, Qatar, Saudi Arabia, Syrian Arab Republic, Tunisia, United Arab Emirates, Republic of Yemen 5

ACHIEVEMENTS Facilitating exchanges Sharing good practices Improving support Mainstreaming in business and policy fora Building capacity 2010: Launch of an online platform to allow women entrepreneurs to network and acquire information when travel to meetings is not possible. 2010: A Ministerial Conference in Beirut focused on sharing good practices for providing tailored financial and business development services to women entrepreneurs. 2011: Inclusion of good practices in the issues papers on Women s Access to Finance in MENA and Business Incubators in MENA. 2010: Launch of local task forces and development of guidelines to complete countryspecific Inventories of Policies, Institutions and Programmes Supporting Women's Enterprise in the Middle East and North Africa. 2011: Production of 12 draft inventories, in collaboration with local task forces. 2010: Strong participation of Union of Arab Banks members at the Fall WBF Conference. 2011: Inclusion of MENA-related information in the OECD project on Gender Equality in Education, Employment and Entrepreneurship. 2010: Interactive coaching session on Pitching a Business Plan provided to four women finalists in the MENA 100 Business Plan Competition. Attribution of the 2010 OECD Gender Mainstreaming Champion Award On the occasion of the OECD Forum and 50 th anniversary (May 2011), the MENA-OECD Initiative on Governance and Investment for Development received the 2010 OECD Gender Mainstreaming Champion Award from Ms. Cherie Blair, founder of the Cherie Blair Foundation for Women, in the presence of H.E. Ms. Karen Kornbluh, Ambassador of the United States to the OECD and Cochair of the WBF. The award recognised the Initiative s work in supporting the analysis on the role of women in economic growth; fostering the development of policy recommendations that enhance attention to gender variables; and its significant contributions to leveraging OECD work on gender in the international arena. 6

EVENTS The WBF has held or contributed to nine events since the 2009 MENA-OECD Ministerial Conference: MENA-OECD Business Forum and Women Business Leaders Summit (22 November 2009, Marrakech, Morocco) Briefing on the OECD-MENA Women s Business Forum: A Platform for Empowering Women Entrepreneurs (28 April 2010, Washington D.C.) Meeting on Supporting the Integration of Women in MENA Economies (29 March 2010, Tunis, Tunisia) Conference on Gender Equality in Government and Business (4 May 2010, Paris, France) Ministerial Conference on Enhancing the Business Enabling Environment for Women in Arab Economies (24 November 2010, Beirut, Lebanon) Growing Micro and Small Enterprises: Tackling Financing Obstacles in the MENA Region - meeting by MENA-OECD Working Group 2 on SME development (22-23 February 2011, Casablanca, Morocco) Joint meeting with OECD Working Party on SMEs and Entrepreneurship on Policies for SME and Entrepreneurship Finance (20 April, Paris, France) Seminar on Women in Private Equity: New Frontiers for the MENA Region (23 May, Paris, France) Meeting on Policies and Services to Support Women s Entrepreneurship Development in the MENA Region: Government and Private Sector Responses in Times of Change (27-28 September 2011, Paris, France) Delegates attending the MENA-OECD Conference on Gender Equality in Government and Business, held at OECD headquarters in Paris on 4 May 2010 7

ANALYSIS PUBLICATIOS 2009-2011 Inventory of Policies, Institutions and Programmes Supporting Women s Enterprise in the Middle East and North Africa. The inventory is the first systematic mapping of policies, institutions and programmes which provide targeted support to women entrepreneurs in the MENA region. Its ultimate aim is to provide the basis for assessing countrylevel gaps in supporting and formulating targeted recommendations based on international and regional good practice. The 12 inventories in progress apply to Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Oman, Palestinian Authority, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. The MENA-OECD Investment Programme : Women s Access to Finance in the MENA Region (2010) Business Incubators in the MENA Region (2010) Stocktaking Report on Implementation of the 2007 Declaration on Fostering Women s Entrepreneurship (2009) Members and friends of the WBF: Role of Women s Entrepreneurship in the Middle East and North Africa Labour Market, Lois Stevenson (2010) Access to Finance in the MENA Region: A Multi-Pronged Approach, Estelle Brack (2011) Women as Partners for Sustainable Development and Iraq s Transition to a Market Economy, Wafaa Al-Mahdawi (2011): 8

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