EIB-sponsored media award puts the spotlight on female entrepreneurship
18 June 2021
A report on how a group of women in Senegal are rescuing their villages from desertification and the effects of climate change has won the first ever EIB-supported Women Entrepreneurship Reporting Award.
“The Energy to Stay”, a multimedia article produced by journalist Carlotta Dotto and carried on the Al Jazeera channel, tells the inspiring story of how women in the community have transformed farming practices using solar power and sustainable irrigation techniques to combat poverty and the emigration of their menfolk from their villages on the edge of the Sahara to the cities .
The prestigious One World Media Awards were held this week in a virtual ceremony that brought together filmmakers and journalists from around the world. The EIB sponsored the Women Entrepreneurs Reporting Awards to encourage and showcase media coverage of female entrepreneurship in the Global South and emerging economies.
Head of the EIB’s Global Partners Directorate Maria Shaw-Barragan was part of the jury that shortlisted three reports for the award in Ecuador, Senegal and Nepal. Ecuador’s Hidden Treasure, The Energy to Stay, and I am Belmaya all depict women as agents of change and touch on wider challenges such as climate change, biodiversity loss and gender-based discrimination.
Speaking before the award ceremony Maria said “The Women Entrepreneurs Reporting Awards showcase stories of successful female entrepreneurs and the challenges they have faced, and overcome, in trying to grow their businesses. The European Investment Bank has supported this important award this year because we are committed to raising awareness on the effects of women’s economic empowerment. We firmly believe that supporting women entrepreneurs and women’s economic empowerment in general is key to helping countries develop and create sustainable and inclusive development”.
A cold storage to prevent post-harvest losses, a start-up for the design and production of the light electric tricycles and a 100% solar-powered food vending cart: these are the three innovative ideas that, today, won the Micro-Grid Academy Young Talent of the Year 2021 Award the initiative jointly promoted by RES4Africa Foundation, Enel Green Power and the European Investment Bank. The winners were announced during the event African youth-led Summit: Climate Change and Renewable Energy, organised in the framework of the PreCOP26.
How to help Africa and allow the economic recovery of a continent that in 2020 experienced its first recession in twenty-five years? This was the purpose of the summit on the financing of African economies held Tuesday afternoon in Paris with the presence of EIB president Werner Hoyer. At the initiative of France, the summit aimed to bring concrete answers and initiatives to the financial asphyxia that threatens African countries after the Covid-19 pandemic. Inaugurated by President Emmanuel Macron who called for a "new deal for financing Africa", it brought together some twenty African heads of state and European leaders as well as international institutions such as the IMF and the World Bank around two major topics of discussion. Financing and treatment of public debt in Africa which is rising sharply one the one hand, strengthen private sector and African SMEs on the second hand.