Project helps women in developing nations gain economically

Northam arrives for a news conference in the Governors Mansion in Richmond Va. Feb. 2 2019

The White House described the plan, called the Women's Global Development and Prosperity Initiative, as "the first-ever whole-of-government approach focused on advancing women's full and free participation in the global economy".

"American women demonstrate every day that when women are free to thrive and prosper, they create jobs, strengthen our communities, and bring greater peace and prosperity to our nation and all over the world", President Donald Trump said on Thursday during his memorandum signing ceremony.

Trump during his State of the Union address on Tuesday night noted that he supports investing in the "industries of the future" - a phrase which was understood by media as recognition of White House efforts on AI, 5G deployment and other tech-based initiatives.

Trump said the initiative was not only envisioned as an opportunity to provide economic assistance to women in the developing world, but also has ties into national security.

Ivanka Trump - a senior White House adviser - discussed the process during an interview on ABC's "The View" Friday.

Trump announces campaign rally next week in El Paso, Texas
El Paso Mayor Dee Margo , a Republican, also tweeted that "El Paso was NEVER one of the MOST risky cities in the United States ". Border Patrol agents have reportedly already arrested some migrants who illegally crossed the border overnight.

Ivanka Trump, who will attend the Munich Security Conference next week to promote the project, stressed that she sees this as a national security priority.

Earlier in an op-ed in The Wall Street Journal, Ivanka said this new initiative will for the first time coordinate America's commitment to one of the most undervalued resources in the developing world-the talent, ambition and genius of women. But despite the initiative's ambitions, it is unclear how the White House-led fund would fit into the president's broader skepticism about foreign aid.

The Department of State's Office of Global Women's Issues will launch "WE RISE" to work with microfinance civil society organizations to reduce barriers faced by women entrepreneurs.

Zambakhidze was struggling until she turned to the USA government for help and received a $125,000 grant.

The $50 million fund, also known as W-GDP, will be distributed by USAID with the ambitious goal of empowering 50 million women in developing countries by 2025.

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