Buenos Aires Declaration: Pathway to Inclusive African Continental Free Trade Area Implementation in Nigeria

Buenos Aires Declaration: Pathway to Inclusive African Continental Free Trade Area Implementation in Nigeria

Trade policy for women took an international leap with the Buenos Aires Declaration on Trade and Women’s Economic Empowerment endorsed by over 120 countries at the 11th WTO Ministerial Conference of December 2017. The Declaration firmly acknowledged the importance of incorporating a gender perspective into the promotion of inclusive economic growth.

With the launch of trading under the African Continental Free Trade Area (AfCFTA) in January 2021, expectations are high with regards to expanded business prospects for women-led businesses. With the AfCFTA, informal, micro and small enterprises can be integrated into continental markets and thus break barriers that have so far mitigated growth as they strive to penetrate foreign markets.

In light of this, a Townhall meeting with the theme ” Buenos Aires Declaration: Pathway to Inclusive African Continental Free Trade Area Implementation in Nigeria ” was held at the National Center for Women Development in Abuja on the 14th of December 2021.

At that meeting, Nigerian women demanded that governments in Nigeria and across Africa, collaborate and ensure that WMSMEs participate equitably and inclusively in the African continental free trade agreement (AfCFTA) currently being implemented.

The Town Hall Meeting, organized by the Federal Ministry of Industry, Trade and Investment and Women Arise Development and Humanitarian Initiative (WADHI) with support from the Nigerian Export Promotion Council’s (NEPC) Export Expansion Facility Programme (EEFP) was convened to create awareness and start a discourse on how best Nigerian women can benefit from the newly implemented AfCFTA.

The Minister of State for Industry Trade and Investment, Amb. Mariam Katagum who was represented at the event by the Director of Commodities, Kaura Irimiya, stated that AfCFTA offers unparalleled opportunities for capacity building and access to markets and that businesses (WMSMEs included) will benefit from easier processes and opportunities in the overseas market. That as Nigeria strives to expand economic growth and move from recovery to prosperity, investing in women’s economic empowerment sets the compass in the right direction.

The Convener of Women Arise Development and Humanitarian Initiative (WADHI) Mme Esther Eghobamien-Mshelia, said the Townhall meeting was important, as women do more cross border trading, but have less access to credit, land and skills. Thus, they need to be given equal opportunity to maximize their full potential in trade and other economic activities, arguing that women had the capacity to provide the required solutions for nation building. She further added that, as an outcome of the Townhall, women groups will work to ensure that all identified trade gaps were effectively addressed

Covid-19 palliatives: Women Traders Benefit

Covid-19 palliatives: Women Traders Benefit

The Women groups beneficiaries operating under the platform of the Women Arise Development and Humanitarian Initiative (WADHI) who collected the consignment include: Home Excellence Family Worship Centre; New Era; Wuye Market and Abiding Ladies Fellowship.

Responding on behalf of the groups, WADHI Convener, Mrs. Mrs Esther Eghobamien-Mshelia appreciated the gesture and reiterated the commitment of the association towards upliftment of the women folk.

The association has a cluster of women and facilitated the distribution of the items through the women leaders in all the area councils to reach many homes.

WTO A4T GTR Side Event in Geneva: Nigeria – KOWGO: Indigenous Digital Solution for Achieving SDGs, Trade and Women’s Empowerment

WTO A4T GTR Side Event in Geneva: Nigeria – KOWGO: Indigenous Digital Solution for Achieving SDGs, Trade and Women’s Empowerment

Nigeria Trade Office to the WTO, Geneva, in collaboration with Women Arise Development and Humanitarian Initiative (WADHI) side event on the margins of Aid for Trade Global Review.

The program and result showcase took place at room X3E/F WTO headquarters in Geneva.

Download Report Here: https://wadhi.org.ng/project-reports/

Financial Literacy Training and BOI loan awards

Financial Literacy Training and BOI loan awards

Financial Literacy Training and BOI loan awards

On the 21st of June, at the Art and Culture hall, Area10 – Abuja. The financial literacy training was conducted for the month of June and in attendance was hundreds of women from different women groups and cooperatives across the FCT.

Also in attendance was the Bank of Industry Representative, Journalists, Civil Societies and Representatives from the ministry of women affairs.