Canada Funds Initiative to Boost Cross-Border Trade for Women in West Africa
What happened
Global Affairs Canada funded the Making Trade Work for Women (MTWW) initiative, which was launched in Nigeria. TradeMark Africa and the Centre for International Studies and Cooperation are implementing the project, which covers cross-border trade among Nigeria, Benin, Burkina Faso, Côte d’Ivoire, Ghana, and Togo. The initiative aims to address barriers such as limited access to finance, unclear trade procedures, and inadequate border facilities for women traders.
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Why it matters
The initiative targets challenges facing women, who account for over 70 per cent of informal cross-border traders in Nigeria and represent a substantial share of small and medium-sized enterprises. The project supports efforts to make trade more inclusive by improving the regulatory environment and reducing bureaucratic bottlenecks.
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Who's involved
- Global Affairs CanadaFunder of the MTWW initiative through Global Affairs Canada.
- TradeMark AfricaImplementing partner of the MTWW initiative, TradeMark Africa.
- Federal Ministry of Industry, Trade and InvestmentNigerian government agency representing the Federal Ministry of Industry, Trade and Investment.
- NigeriaPrimary host country for the MTWW initiative launch.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NigeriaSpeculative
The initiative could improve the economic environment for women traders by addressing trade barriers and improving access to finance.
- Ivory CoastSpeculative
The MTWW initiative might improve trade procedures and facilities for cross-border trade involving Côte d’Ivoire.