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Trade Facilitation
- Removal of tariffs and other barriers to trade
- Utilization of Information Technology
- Business matchmaking
The World Trade Organization (WTO) defines trade facilitation as the “simplification, modernization and harmonization of export and import processes.” which means removing “red tape” and bureaucratic delays that slow down and increase the cost of cross-border trade.
The simplification of customs practices, modernization of data submissions, and removal of tariffs are meant to allow small and mid-sized enterprises (SMEs)-which are a large part of most economies-to, to take a more active role international trade. Since cost is one of the biggest barriers to participation, trade facilitation efforts have the greatest impact on developing countries.
Our Roots
Here at Women of Africa Network, we know that sometimes all it takes to change the world is a little support.
It is our mission to positively impact the lives of women in Africa and the diaspora, empowering them and ensuring relevance in the African Continental Free Trade Area with the aim of becoming economically successful and building a continental network of traders, regulatory authorities, policymakers to assure maximum value.
Access to Finance
- Start-Up Funding (Venture Capital)
- Expansion Loans
- Equity Financing
- Grants
Difficulty connecting to investors, banks, and other fundraising options can be a huge gatekeeper for women entrepreneurs. Here at Women of Africa Network, we recognize that a sustainable business needs a strong financial foundation with financial literacy and being connected to trustworthy lenders.
Whether you seek venture capital funding for your start-up or need a small loan to help formalize your SME, we are here to support you in your journey.
Education
- Skill development
- Digitization
- E-commerce
- Trading platforms
Access to education is a key component of the Women of Africa Network’s mission. The goal of gender mainstreaming in the AfCFTA cannot be met without resources and support for women to harness their innovative business and trade skills.
Understanding digitization, e-commerce, modern trading platforms, and other 21st-century business tools will help give our network of women the competitive edge in Africa’s growing market.
Women already make up 70% of informal trade. By bridging the education gap, many of those same women entrepreneurs can move into the formalized sector, tapping into a larger market and expanding their business potential.
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