Regulus Investments & Financial Services Ghana Limited’s Post

Around 100 women showed up this morning for the AmCham South Africa USAID breakfast talking about women in business driving development. What stood out for me most was the conversation about #selfmastery, which is key for any person in order to succeed. Men and women face different challenges and times always change, eventually. But the need for self-mastery remains. Honeygirl Mokoena particularly mentioned working on the #povertymindset to nurture a #wealthcreationmindset. Some #povertymindset issues I can relate to: ⬅️⬆️⬇️↖️↙️Not prioritising mercilessly, leading to lack of focus 🔜exhaustion without progress ☑️Seeking perfection in all areas, all the time = a waste of time. 🫣Being afraid to ask and appear ignorant. This is especially true when it comes to managing #finances and #investment for women who are not in the industry. Ask! Learn, and make sure you understand what you need to in order to feel comfortable with your finances. You’ll thank yourself forever. Kick the fear and learn about #tax, #pensionplanning, #offshoreinvestments and #wealthplanning. Reach out to me! Thanks to Michelle Constant (M.Phil Corp Strat) and all the speakers for putting on these types of events. Amohelang Potloane Leslie Marbury Finance Isle of Man Paul Blake FCMI Dina Hill Claudia Manning Sindi Mabaso-Koyana Moneyweb Jimmy Moyaha RSG Geldsake - Ryk van Niekerk Michael Crowe South African Chamber of Commerce UK Kevin Hinton Jacobus G (Cobus) Kruger Val Chigodora

CGAP is committed to contributing to the The World Bank’s efforts to close the gender gap in access to finance, including empowering 80 million more women with access to capital to support entrepreneurship. Yesterday at a Knowledge Cafe, we discussed with Jean Pesme and Karina Villanueva Aritzmendi (Secretaría de Hacienda y Crédito Público, Mexico) how the World Bank, the IFC - International Finance Corporation, and CGAP joined forces to enhance women financial inclusion in Mexico. As part of this work, we produced a guide to catalyze financial services providers’ efforts to serve women. Read more at: https://lnkd.in/e43iR7i5

Gender Issues in Financial Inclusion Series 7: The “Three Legged Stool” –– ACCESS’s recommended policy approach for promoting women’s financial inclusion This blog series began its discussion of policy approaches by noting that one of the key challenges regulators face in promoting women's financial inclusion is a lack of buy-in from financial institutions. In the previous post, we noted three approaches for increasing FSP buy-in: financial support in Papua New Guinea, regulatory mandates in Pakistan, a combination of regulation, recognition, awards, and incentives in the Philippines. The approach taken by the State Bank of Pakistan may be the most comprehensive, but many regulators may find it too heavy-handed, especially when there is limited buy-in from the industry. Absent significant funding as was provided in Papua New Guinea, regulators may consider the lighter-touch approach used in the Philippines, combining carrots (incentives) and sticks (mandates) to reward and encourage financial institutions to invest in increasing outreach to women.   Specifically, this approach would have three components: 1) Find and promote a champion that already serves women well 2) Provide incentives for other financial institutions to improve their outreach and service quality to women 3) Require sex-disaggregated data reporting   Read more at: https://lnkd.in/gBEPezqq

🇱🇺 Just 28% of senior managerial roles--board, executive committee/C-suite or senior management level--within Luxembourg Women in Finance Charter signatories are held by women, found the charter’s baseline report, published on 8 March. The aim is to get that number up to 36% within the next few years. #womeninfinance #finance #InternationalWomensDay #finance #genderequality Luxembourg Stock Exchange, Luxembourg Sustainable Finance Initiative. https://lnkd.in/eaMtR88T

AFI member, the Banque Centrale du Congo (BCC)'s dedication to financial inclusion is driving progress for women and #SMEs. With innovative financial solutions and financial education programs, BCC is paving the way for Congolese women to thrive economically. Through these initiatives, women are gaining access to #microfinance, entrepreneurial support, and formal #FinancialServices. ➡ Download this case study and learn more about how BCC is taking steps towards advancing the financial inclusion of women. 🔗 https://bit.ly/3ybo1hC #FinancialInclusion #Fintech #DFS #DigitalFinance #FinancialServices

🌟 Today is International Women's Day! 🌟 On this important day, let's take a moment to reflect on the financial challenges faced by women in the UK. According to recent research by TotallyMoney and PwC: ❌ 10.7 million women are denied access to mainstream financial products, perpetuating the financial inclusion gap. 📉 Women have on average, a 10 point lower credit score than men. 💳 Women are 16% less likely to receive pre-approved credit card offers, and they often face 22% fewer cards with higher APRs. This translates to 31% lower credit limits, further hindering their financial freedom. The implications of these disparities are profound, impacting women's ability to access competitive loan rates, mortgages, and other financial products. Interrupted work patterns and unaffordable childcare contribute to the widening gender pay gap, exacerbating financial challenges for women. To support efforts towards closing this divide, the UK Department for International Development has provided a toolkit designed to aid financial organisations in implementing strategies that promote inclusivity and address disparities in financial access, which you can access here. 👇 https://lnkd.in/edbGxm5J Source:  https://lnkd.in/e5kAubfi

Recently, I spoke to Forbes about the most recent updates from the Invest in Women Taskforce. We discussed: -> What it means to have the UK’s first female Chancellor Rt Hon Rachel Reeves endorsing backing female founders. With the correct investment, female-led businesses could boost the economy by £250 billion. A historic female leader like Reeves backing our mission is a significant reminder of the urgent need to back female founders. -> The impact of combining the power of political momentum with capital from private sector sources. The government’s backing of the Taskforce has created momentum to successfully rally retail banks and pension funds to commit capital to female entrepreneurs as LPs. -> How the goals of the Taskforce, government policies, and business interests of private stakeholders are firmly aligned. Putting us in the best position possible to surpass our goal and make the UK the best place in the world to be a female founder. Everyone at the IWT remains committed to ensuring the UK’s word-class female talent get the funding they deserve.

On International Women's Day, it's vital to dive into the real-world challenges women encounter. Let's have genuine conversations and arm ourselves with toolkits to understand and tackle these issues head-on. Together, we can pave the way for a more equitable future. #InternationalWomensDay #EmpowerWomen

We did it!!! The government has REVERSED its decision to change the law which would have meant that only 0.0048% of women in the UK would have met the thresholds to invest, wiping out 70-90% of existing female investors. To everyone who rallied support, thank you. It’s a huge win which today I’m going to celebrate, but we won’t stop, because this decision would have made things a lot worse, not actually improve the pretty dire current stats and opportunity. A reminder… 1. Female founders recieve just 2% of VC funding in the UK across all industries (UK treasury, 2021) 2. £250Bn could be added to the UK economy if women started and scaled businesses at the same rate as men (Rose Review, 2019) 3. When female-led start-ups get funded, they’re more likely to be successful, delivering more than 2x as much per $ invested (BCG, 2019) HAPPY INTERNATIONAL WOMENS DAY!!! #internationalwomensday

"For every £1 of equity investment in the UK, just 2p goes to fully female-founded businesses, representing no improvement over the past decade". Anne Boden, founder of the award-winning Starling Bank, pulls no punches as she highlights the inequality that still exists when it comes to entrepreneurship and fund-raising between women and men. This article is a testament to everything that Women In Payments Africa stands for. In Anne's words: "Stop trying to fix women founders – fix the system". Read the full article: https://lnkd.in/d-QtvAMW #womeninpaymentsafrica