Empowering Women for Inclusive Trade and Economic Growth
| In a report titled “Trade and Gender in Africa: Realizing the Potential,” the World Bank sheds light on the significant role women play in trade across the African continent. The report not only highlights the valuable contributions of women in trade activities but also addresses the challenges they face, emphasizing the need for policy changes to support their participation and unlock Africa’s trade potential. Women in Africa actively engage in various trade-related activities, such as cross-border transportation of goods, production of exportable products (with a focus on food), and ownership and management of trade-oriented enterprises. However, despite their remarkable contributions, women traders often encounter specific constraints that hinder their economic activities. One of the key challenges highlighted in the report is the prevalence of harassment and extortion faced by women working in the informal sector at border crossings. Such incidents not only disrupt their trade but also create a hostile and discouraging environment. Additionally, women find it more difficult to access essential trader networks compared to their male counterparts, limiting their opportunities for growth and collaboration in the trade sector. Trade procedures and documentary requirements disproportionately affect women, who must balance their trade activities with household duties and responsibilities. The time-consuming nature of these procedures further exacerbates the burden on women traders. Moreover, women involved in producing goods and services for export often struggle to access the necessary inputs and materials that would enhance their productivity and competitiveness in overseas markets. To address these challenges, the report offers key recommendations for policymakers. It emphasizes the importance of recognizing and appreciating the vital role played by women in trade and calls for clear and predictable trade rules and regulations. Simplifying trade documents and regulatory requirements is also crucial, considering the time and mobility constraints arising from women’s household responsibilities. The report further advocates for targeted interventions that empower women, ensuring that they benefit from trade development programs. Additionally, it emphasizes the need to address the unique risks faced by women in their trade-related activities, considering their differing risk profiles and responses. Marcelo M. Giugale, Director of the Department of Economic Policy and Poverty Reduction Programs Africa at the World Bank, highlights the significance of facilitating women’s participation in trade for both affected families and businesses. Unlocking Africa’s trade potential requires the implementation of these recommendations, fostering inclusive trade practices that contribute to better food security, job creation, and poverty reduction across the continent. The World Bank’s Africa region, through its Gender and Trade Practices initiative, aims to deepen the understanding of the barriers faced by women in trade and promote effective strategies for their removal. The report encourages further research and analysis, urging researchers in Africa to explore the specific challenges encountered by women in trade. By initiating positive interventions and driving behavioral changes at all levels of society, inclusive trade in Africa can become a reality. As Africa strives to expand trade within its borders and globally, it is imperative to prioritize and support the role of women in trade. Empowering women traders will play a vital role in realizing Africa’s vast trade potential and achieving sustainable and inclusive economic growth. To download the report click here |
