Women entrepreneurs root for intra-African trade

KAMPALA-Women entrepreneurs have asked African governments to formulate policies that will facilitate intra-African trade as opposed to allowing the continent to be a dumping place for finished products from other regions.

Speaking at the first annual Women Business Leaders Conference in Kampala yesterday, Dr Amany Asfour, the Comesa business council president, said Africa is the richest in resource endowment but its citizens are the poorest.

This, she said, is because governments have accepted to be a dumping place rather than turning the continent’s resources to help their owners.

“As Africans, we must encourage intra-trade.encourage business linkages and turn our resources into quality products and not a dumping place for Chinese products,” Dr Asfour said.

Access to finance
She added that governments should offer women entrepreneurs technical assistance, facilitate access to technology, encourage quality hands-on education, entrepreneurial culture and access to affordable finances as key to transforming the business environment on the continent.

“We should have access to finance but giving money without training will not help. We encourage the culture of Pan-Africanism where African products are bought,” she said.

The two day conference, which started yesterday (November 27) and ends tomorrow (November 29), is organised by the Uganda Women Entrepreneurs Association Limited and received a Shs5 million sponsorship package from Standard Chartered Bank early in the week.

editorial@ug.nationmedia.com

SOURCE: Daily Monitor

Leave a Reply

Releated

UN Urges World Community to Prevent Child Hunger During Coronavirus Pandemic

Two United Nations agencies called on the global community Wednesday to prevent hunger and malnutrition among the 370 million children who are not receiving school meals due to the closure of schools worldwide in the wake of the coronavirus pandemic. The U.N. said school meals are particularly vital for girls, especially those in poor countries, […]

IGAD and Partners are Keeping an Eye on La Nina Effects on the Region

The Intergovernmental Authority on Development (IGAD) Climate Prediction & Applications Centre (ICPAC) this morning kick started the 44th Greater Horn of African Climate Outlook Forum (GHACOF) during an opening ceremony presided over by the Minister of Environment of Uganda, Hon. Dr. Mary Goretti Kitutu, in Kampala.   The opening ceremony was also attended by the […]