Goldman Sachs Group, the international investment banking company, has launched a new program to provide ten thousand poor women with business education. The program, called 10,000 Women, will support partnerships between American and European universities and business schools in mostly developing countries. Partners will work together to establish or expand education programs lasting from five weeks to six months. Several partnerships may also offer full college degrees in business.
The 10,000 Women program hopes to expand into the Middle East, Asia, Latin America and throughout Africa. Sixteen schools have agreed to take part in the program so far. They include Columbia, Harvard and Stanford Universities in the United States. Other schools are in India, Rwanda, Kenya, South Africa and Tanzania.
The Pan-African University in Lagos, Nigeria is also a partner. Peter Bamkoleh heads that university's Enterprise Development Services. He says about fifty women will receive training at the school every year. The women will take classes several times a week, then use what they have learned.
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