Gabon Takes Major Step Forward in Financial Crime Awareness and Education

Promoting Women’s Rights and Reducing Gender Inequalities

In a significant move to reduce violence against women and promote gender equality, Gabon has adopted new laws aimed at prohibiting discrimination in the economy. This development is part of the country’s 2020 strategy to promote women’s rights, led by the First Lady and key women leaders, which has resulted in substantial reforms.

Key Reforms Under the Revised Civil Code

• Married women are no longer legally bound to wifely obedience.
• Women can be the official head of household, choose where they live, own and manage property independently, open a bank account without their husband’s consent, and apply for a broader range of jobs.

Protecting Women from Discrimination in Accessing Credit

The amendments to the Criminal Code protect women from discrimination based on gender when accessing credit. This reform is crucial in addressing existing gender-based inequalities, where only 30% of women have access to a bank account compared to 38% for men.

Improving Women’s Labor Rights and Opportunities

• The new Labor Code guarantees equal remuneration for work of equal value.
• Women can access employment in all jobs and sectors.
• Women’s labor rights and opportunities are improved through these reforms.

Collaboration with World Bank Group Technical Assistance Teams

The implementation of these reforms is the result of close collaboration between the government and World Bank Group technical assistance teams, which provided support using IFC and IBRD resources. The Business Regulations for Gender Equity program aims to help governments level the gender playing field by supporting reforms for women’s economic inclusion.

Monitoring Impact and Effectiveness

The impact of these significant legislative reforms will be closely monitored to ensure their effectiveness in addressing gender-based inequalities in the country.