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Nigeria's GESI Roadmap: Unlocking $6.75 Billion Investment

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Nigeria's GESI Roadmap: Unlocking $6.75 Billion Investment

Nigeria faces a $6.75 billion financing gap in gender-lens capital, as highlighted in the GESI baseline report. The report indicates that only 41% of Nigerian investment institutions have formal GESI policies, with a concerning 22% of investment decisions made by women.

The report reveals a 50 percentage point gap between intent and actual institutional compliance with GESI principles. To address this, a comprehensive policy framework is required, moving beyond corporate social responsibility to integrate gender equality into core investment practices.

The GESI roadmap proposes three distinct pillars to advance gender-lens investing, emphasizing the need for collaboration among financial institutions, fund managers, and government agencies. The report stresses the importance of dismantling structural barriers and fostering an enabling environment for marginalized groups, particularly women, to access capital.

Without significant changes, Nigeria risks economic penalties and social unrest, necessitating immediate action to implement the GESI roadmap effectively.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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