ADDIS ABABA (Reuters) – Ivanka Trump began a four-day tour of Africa on Sunday to promote a $50 million United States initiative aimed at encouraging women’s employment in developing countries.
“Fundamentally we believe that investing in women is a smart development policy and it is a smart business,” White House adviser Trump said after drinking coffee and inhaling incense at a traditional Ethiopian ceremony in Addis Ababa.
The Women’s Global Development and Prosperity (W-GDP) initiative aims to economically empower 50 million women by 2025. President Donald Trump, Ivanka’s father, has directed USAID to allocate an initial $50 million to the fund.
Ivanka Trump is due to take part in a World Bank policy summit and then visit Ivory Coast to promote female entrepreneurs in the country’s cocoa industry.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.