Empowering African Women And Boosting their Livelihoods through Agricultural Trade - FMM/GLO/169/MUL
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The African Continental Free Trade Area presents a ground-breaking opportunity to create a unified continental market, boost Africa’s share of global trade and achieve the goals of Agenda 2063, including the promotion of gender equality and women’s empowerment. The AfCFTA is expected to change Africa’s trade practices, accelerating economic growth, including that of the agriculture sector where smallholder farmers, processors and informal cross-border traders, especially women, stand to benefit from expanded market access. The AfCFTA thus has the potential to contribute significantly to eliminating poverty, creating jobs, improving food security and promoting gender equality. Many women in agribusiness in Africa are faced by challenges, including those related to working in the informal sector, poor access to market information, finance and training, and weak compliance with trade standards, which limit their opportunities to access markets, particularly for export. Supporting women to overcome these obstacles is a prerequisite for leveraging the opportunities created by the AfCFTA and achieving economic growth. To this end, the subprogramme aimed to enhance the potential competitiveness of women traders and entrepreneurs in the agrifood sector (agripreneurs), through policy advocacy, knowledge generation, capacity development and access to finance.