Women and Trade

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Women and Trade

Women are critical to Africa in exploiting its trade potential as they are one of the key drivers of SMEs (Small and Medium Scale Enterprises). Women-dominated informal trade accounts for 20% to 75% of total employment in most African countries. Women are mostly involved in agriculture, cross-border trade and sales of goods & services. World Bank suggests that encouraging women in business will "ensure better food security, faster job creation, more poverty reduction, and less gender discrimination." It will also increase regional trade: Africa trading with Africa will reduce dependence on intercontinental importation. Policy makers, governments, development partners & WE (Women Empowerment) advocates should look into strategies for helping women overcome business challenges like access to capital.

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