EU Provides €10 Million Grant for Women's Employment in MENA
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Only one in five women in MENA is employed, one of the lowest rates globally. EU funding and policy support could improve labor supply and the business environment in the region, offering talent and financing considerations for companies operating or expanding there.
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- European Commission Press CornerEU Provides €10 Million Grant for Women's Employment in MENA
At a high-level roundtable held during the UN General Assembly, the European Commission announced a €10 million grant to create 500,000 jobs for women in the Middle East and North Africa, focusing on sectors including clean energy, climate adaptation, science and technology, and the care economy. The EU also supports micro-businesses and households through the SANAD fund, which has supported 500,000 jobs, over a third held by women. The EU said it will work with governments and regulators across the Mediterranean to improve access to finance for women and women-led businesses.