WADHI unveils Kowgo App for women, SMEs in Abuja

WADHI unveils Kowgo App for women, SMEs in Abuja

An initiative to ensure financial inclusion, and access to savings and loans has been launched for women-owned businesses and other vulnerable persons involved in Small and Medium Scale Enterprises (SMEs) in Abuja.

The innovation known as Kowgo application, was powered by the Women Arise Development and Humanitarian Initiative (WADHI) and version 2.0 sponsored by the HHH Alumni Impact Award Grant.

It was gathered that the application  which is accessible on google play store is designed to enable women business owners and SMEs access loans and keep business records.

Speaking during its official launching at the ACCI arena, along Abuja Airport Road, at the weekend, the ACCI President, Dr. Al-Mujtaba Abubakar, said the Kowgo application would help women via digital applications at their market and revolutionalise how women do business.

DAl-Mujataba, who noted that the initiative is a partner in progress with the ACCI, explained the application would facilitate wider content to the outside world.

Also, Chief Executive Officer, Nigerian Export Promotions Council,  Segun Awolowo, who was represented at the event, noted that the council is ready to work towards successful deployment of the application into the market space.

Similarly, the Commonwealth Women Business Network team that joined virtually also lauded the innovation, acknowledging it is a testament to increasing roles played by women in the society.

The commonwealth team added that women are fast rising around the world, showing resilience, saying that Kowgo app is an audacious action and a big development in the society.

On her part, WADHI Convener, Esther Eghobamien Meshelia, promised to work constantly round the clock to ensure more incorporation for women and women businesses, as the application encourages financial inclusion and ensures market access.

According to her, “WADHI is aimed at accelerating socio-economic growth through empowerment of women, girls and vulnerable groups.

“The initiative was established to help provide appropriate platforms and management systems that support, harness and expand development opportunities that enable beneficiaries to progressively grow their entrepreneurial capacities.”

Other speakers at the event ranging from foreign embassies, traditional leaders, corporate sector leaders, to government agencies, among others lauded the initiative while promising support for  efficient utilisation of the innovation.

The training on Financial & Business Management for NSF Beneficiaries & Other WMSMEs via Upgraded KOWGO

The training on Financial & Business Management for NSF Beneficiaries & Other WMSMEs via Upgraded KOWGO

The training on Financial & Business Management for NSF Beneficiaries & Other WMSMEs via Upgraded KOWGO App was organized by Women Arise Development and Humanitarian Initiative WADHI with support from Hubert H Humphrey Alumni Impact Award on Friday 9th April 2021 at DBM Plaza, Wuse zone 1, FCT-Abuja.

Available data shows that women in Nigeria contend with stiff barriers and are often locked out of economic opportunities as they own less capital and productive resources than men. As such, it became imperative to promote and actively support women’s formal financial inclusion and thus bridge the gap in the digital market economy. To this end, WADHI’s committed to women’s inclusion in the financial and digital market economy developed KOWGO, the mobile application designed to bridge the digital divide, providing information on financial literacy and online business support for women

To this end, the one-day training aimed to bridge the digital divide and get women to engage with the KOWGO App and become visible in online marketing, covered such topics as, Value & Purchasing Power of Money, Unpacking Challenges to Effective Business Management, Using Financial & Business Support Institutions for Savings & Credit, Digital Trading/E-commerce and Practical on Navigating & Using the KOWGO App as well as Action plans & priorities for applying new digital knowledge & skills.

The training became imperative a year after the intervention of the Survival Fund Scheme by the Federal Government of Nigeria, occasioned by the need to reduce the effect of Covid-19 pandemic on especially women vulnerable MSMEs, as lessons learnt show that a good number of women who accessed this loan lack technological skills and a knowledge of the digital market economy which the post Covid-19 world demands.

The training was attended by over 60 participants ranging from hairdressers fashion designers and caterers.

HIGHLIGHTS OF THE ARAHAH FARMERS MARKET, MARCH SPECIAL IWD EDITION

HIGHLIGHTS OF THE ARAHAH FARMERS MARKET, MARCH SPECIAL IWD EDITION

The second edition of the Arahah Farmers Market in 2021, held on Saturday 27th March 2021 at the Abuja Chamber of Commerce and Industry complex. This month’s edition was unique as it was one event marking the end of the one month celebrations of the International Women’s Day in Nigeria. It was also unique in the sense that it was the first Arahah Farmer’s Market graced by the Honouable Minister of Women Affairs, Dame Pauline Tallen OFR KSG.

Other dignitaries at the market were the representative of the Permanent Secretary, Federal Ministry of Women Affairs Dr Anthonia Akpabio, the newly inaugurated President of the Abuja Chambers of Commerce and Industry (ACCI), Dr Al-Mujtaba, the Director General, ACCI Ms. Vicky Akai, the Vice President Agriculture ACCI and the Vice President Women Development of the ACCI. Others are members of the Ministerial Technical Committee on Private Sector, the Chair of the Committee and Convener of WADHI, Ms Esther Eghobamien-Mshelia, as well as the Chair, Economic Empowerment Sub-Committee, representatives of the Federal Ministry of Industry, Trade and Investment, department of Commodity and Export under the GICED Initiative of the Ministry as well as the Director, Business Development, NEXIM Bank, Ms. Stella Uko-Ettete.

MATTERS ARISING FROM THE SPECIAL EDITION OF ARAHAH MARKET.

Speaking the President of the Abuja Chambers of Commerce and Industry said, the Education of the woman is key to eliminating the Almajare system in Nigeria. He pledged the support of himself and his Executive Committee to the Market.

The Vice President Agriculture, Abuja Chambers of Commerce and Industry, said the Farmers Market Initiative is in line with the focus of the ACCI under it’s Agricultural plan. He stressed that the Chamber will provide Transport Facility that will bring women farmers & entrepreneurs from their farms to the market and thus improve their income. He also maintained that the Chambers will give all the facilities required to move the market forward and also help with pricing. That the Market will cover the surrounding regions, so that what they are farming or producing can be brought to the market.

The Convener WADHI and Chair of the Ministerial Technical Committee, Ms Esther Mshelia, said the Arahah Market is anchored by the Economic Empowerment Committee and aimed to enable us know better the challenges women face in the Market place and the need to connect women to the global market. That Nigerian women we’re not visible at the Commonwealth market which hosted over a thousand buyers and sellers last year. Therefore the Arahah Market will serve as a grooming and capacity building ground for MSMEs especially women.

 

Rev Tina Bawa, who stood in for the chair, Sub-Committee Economic Empowerment, highlighted the need to connect women to the virtual market, so as to break the monopoly of middlemen and exploitative off-takers

The representative of the Ministry of Industry, Trade and Investment and head, GI CEDI, said the Ministry has signed an MOU with the Women Arise Development Initiative (WADHI) who are serving as consultant on this project. She commended the Consultant for building the capacity of women and for carrying women along.

The Head, Business Development, Nexim Bank. Said that, women participate in all processes of export but are not found at the aggregation or direct export stage. That the bank has developed a women and youth export Facility to encourage more women aggregators and exporters. She said the facility is at a single digit currently until February 2022 when it will go back to 9% interest rate. To address some of the issues with collateral, the facility is opened to cooperatives and women owed associations involved in export.

To strengthen their collective pull, women can create an alternative financial security by registering their moveable assets like jewelries with the collateral registry and get the certificate to access financial capital from the bank. She said there is also the warehousing arrangement, especially for commodity traders, where the bank lay hold on stock and pay discounts upon export payment. With all these structures, she said women have little or no excuse to give in the area of accessing finance. She reiterated that the present administration has empowered women in the financial sector.

She noted that the Minister of Finance is a woman and we have over five women who are chairmen and Members of Boards of Commercial Banks. We also have women on board every financial development institution in Nigeria. Hence, the need for a dialogue session with all-female Managers, Chairmen or Directors of Commercial and Development Banks to have structures that will encourage women to have direct and cheap access to finance. She reiterated the support and need to stop Police roadblocks on Market days as this practice affects prices of commodities due to financial demand on them by the Police. Thus, the Police should provide security for our market women at no cost as they are also agents of the government.

The Director-General of the Abuja Chambers of Commerce and Industry, Vicky Akia, said that at the ACCI, women have very strong support from Men. That the Management of the Centre has three women and two men. Highlighting the four centres of ACCI, as Business Entrepreneurship Skills and Technology, Abuja Trade Centre, Policy Advocacy Centre and the Dispute Resolution Centre. She enjoined all women to come on board ACCI as we need women to talk to us and give us feedback that will help us support them. That ACCI carries out business Match-Making and as a policy encourages 50% women participation. We are also working with the women to tune down the price in the market.

The Honourable Minister of Women Affairs, Dame Pauline Tallen, commended the President ACCI and his Executive Committee for the support it has given to the MTC-PS, the Arahah Farmers Market and Women in general. That he is indeed a great Champion for women. She promised to come back to decorate him as a true HeforShe under the global project to recognize male champions of women’s advancement. She appreciated all partners and women present at the market. Indeed she said women need encouragement, finance and soft loans to boost their businesses.

Giving the vote of thanks, the Permanent Secretary ably Represented by the Director Women Affairs, Mrs Funke Oladipo, commended all partners and women present at the market. She reassured everyone of the Ministry’s support of the Market Initiative.

The event ended with a tour of the Market stall by the Honourable Minister and her entourage accompanied by the President ACCI, guests and organizing team. On a charitable note and to the delight of all, the HM bought all the produce of the lady farmer whose basket of tomatoes had been almost totally destroyed when it fell of the Keke transport used to bring her goods to the market.

FG pledges commitment to gender responsiveness for commodities, export as WADHI becomes Technical Partner to Federal Ministry of Industry Trade and Investment (FMITI)

FG pledges commitment to gender responsiveness for commodities, export as WADHI becomes Technical Partner to Federal Ministry of Industry Trade and Investment (FMITI)

The Federal Government has pledged commitment to the advancement of gender inclusivity and responsiveness in commodities value chain and export.

Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, made this known on Thursday in Abuja, at the official launch of the Gender Initiative of the Commodities and Export Department (GICED).

GICED is designed by the Commodities and Export Department (CED), of the ministry to harness available resources to empower and strengthen women’s capacity to unleash their potentials in the commodities and export trade sub-sector.

Highlighting the importance of the initiative, Katagum stated that a lot still needed to be done in the area of women empowerment in Nigeria.

She said that in order to promote women’s participation in business, the Federal Government directed that a 45 percent slot should be given to women in the ongoing Micro, Small and Medium Enterprises (MSMEs) survival fund application.

She advised women to carry out ongoing Corporate Affairs Commission’s business registration for business formalization to access finance, market and other government initiatives.

“The female gender should be equipped and ready to break the glass ceiling and ascend to new positions of power in all spheres of our society, both in the Public and Private Sector.

“However, women especially, need to change old mindsets, take advantage of opportunities, develop their capacities and embrace the notion that they are capable of doing what men can do,” she said.

Katagum urged women to work harder for self-development, building capacities, embrace punctuality and actively engage in meaningful programmes and activities, without making typical excuses.

In an address, Dr Nasir Sani-Gwarzo, Permanent Secretary in the Ministry, said the programme was expected to develop the confidence and capacity of women, as well as provide avenues for equal opportunities to be harnessed.

Sani-Gwarzo thanked the ministry’s technical partner, Women Arise Development and Humanitarian Initiatives (WADHI), for its commitment, especially in designing a detailed work plan and Memorandum of Understanding, which would soon be finalized.

He expressed hope in engaging consultants and technical advisers to strengthen the initiative.

Mr. Suleiman Audu, the director of the department, said with the ministry’s huge mandate of creating enabling environment for businesses to thrive, the main recipients of policies designed for MSMEs were women.

According to Audu, he initiated the GICED in July, after recognizing the underutilization of women in CED, and the need to close the huge gap created by the lack of female gender participation in relevant activities.

He expressed a commitment to work with relevant stakeholders to remove significant barriers to women’s economic empowerment and increase women’s participation in trade.

KOWGO TRAINING@ BWARI ARE COUNCIL

KOWGO TRAINING@ BWARI ARE COUNCIL

WADHi conducted the first of the KOWGO financial and digital connectivity training for 120 women and men under the New Era of Progressive Development People’s Initiative (NEPDPI) in Bwari Area Council Abuja with a view to helping them use innovative technology to upscale their small scale businesses. The audience included farmers, tailors, petty traders and artisans.