RESEARCH shows a positive correlation between the advancement of women and global progress. From a strategic standpoint, investing in women transcends corporate social responsibility, presenting a beneficial approach for government and business entities.

Through initiatives like the Guyana Academy of Learning (GOAL) scholarship, the government has made strides in providing access to education, with over 50 per cent of the beneficiaries being women. Additionally, First Lady Arya Ali’s support for women’s education and the Ministry of Human Services and Social Security’s Women’s Innovation and Investment Network (WIIN) programme underscore a national commitment to fostering women’s growth. The WIIN programme offers training in various skills that contribute to employment and entrepreneurial ventures for women.

ExxonMobil, recognising the intersection of corporate success with societal prosperity, has made significant investments in female entrepreneurship globally and within Guyana. These investments aim at socio-economic development, enhancing women’s capacities across different economic sectors. Partnerships with organisations like the Cherie Blair Women Foundation have facilitated impactful training programmes, such as ‘Road to Growth’ and ‘Road to Finance’, designed to improve financial literacy and entrepreneurial skills among women.

The ‘HerVenture’ app, supported by ExxonMobil Guyana, exemplifies the company’s commitment to providing accessible entrepreneurial resources. This app, targeting women in the start-up or growth phase, offers comprehensive learning on essential business topics, impacting over 12,000 Guyanese women. Similarly, the ‘Road to Finance’ training aims to bolster the financial acumen of women entrepreneurs, further indicating the company’s dedication to women’s economic empowerment.

ExxonMobil Guyana also extends its support by sponsoring events and health initiatives, such as the recent ‘WE LIFT’ exhibition and the Guyana Cancer Foundation’s medical outreach programmes. These efforts provide platforms for women entrepreneurs and contribute to their health and well-being.

Considering Guyana’s projected economic growth, with an estimated GDP increase of 33.9% in 2024, ExxonMobil Guyana’s initiatives to empower women are aligned with the broader goals of inclusive economic development. This strategic focus not only enhances the company’s corporate profile but also contributes significantly to the socio-economic fabric of Guyana.