The third billion is a term used to describe the billion women, mostly from emerging markets, who will join the global economy as employees, employers and entrepreneurs over the next decade.
African women generally lack the necessary resources for starting and developing their own businesses and due to a multitude of obstacles. Some of the chief barriers to promoting women in business include cultural and societal problems, the psychological impact of cultural norms, employment legislation and policy, lack of information, training, finance, markets, technology and business infrastructure, absence of vehicles for skills development and capacity building, fragmented approaches to identifying issues and developing strategy to influence policy affecting business and government interventions5
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