Women entrepreneurship highlighted at the global entrepreneurship summit in Morocco

The global entrepreneurship summit kicked off in Morocco last week using the slogan of "Harnessing the Power of Technology for Innovation and Entrepreneurship".  The event recorded the participation of numerous decision makers and business people who met with 3000 young entrepreneurs and students from over 50 countries to exchange experiences on how to develop and support small and medium enterprises.  The issue of women business entrepreneurship was very much discussed during the first day of the summit with emphasis on Morocco, Africa and the rest of the world.  In fact, women representation at the summit was quite visible and encouraged by the organizers who ensured that business women and other stakeholders were present to exchange ideas about best practices as well as highlight success stories at the international level.  The summit also produced recommendations for tangible actions to strengthen women’s position in the world of business.
Within the same vein, the US vice-president Joseph Biden noted in his opening speech during the event that the US will allocate USD 1 billion to support project in the private sectors in many countries and that is throughout the coming three years with emphasis on women and youth.  Biden also launched a new initiative for virtual exchanges between US youth and their counterparts in the MENA region.  This initiative seeks to strengthen youth capacities to address local and international challenges through raising their competitiveness.
Source: Al-Nahar 24 November 2014