IFC inks deal to close gender gap in private sector

CAIRO - 16 December 2020: The International Finance Corporation (IFC) and the American Chamber of Commerce in Cairo signed Tuesday a partnership agreement to help create more inclusive and flexible workplaces.

The deal is part of greater efforts aimed to help Egyptian private companies to deal with the negative impacts of the COVID-19 pandemic, giving attention to creating equal opportunities for women at work.
 

As per the agreement, the IFC will provide the funding necessary for launching a platform bringing together all Egyptian firms to share information on the best practices for creating a positive work environment that is more flexible and inclusive.


The deal will focus on a wide range of issues, such as mental health at work, as well as the importance of childcare services and flexible working policies.


Meanwhile, CEO of American Chamber of Commerce in Cairo Sylvia Menassa said that creating equal opportunities for women at work is a strategic priority for the chamber's businesswomen committee.


She added that the deal is expected to help in bridging the gender gap and ensuring a sustainable economic growth in Egypt.