Kigali, Rwanda, 20 November - A transformative African Continental Free Trade Area (AfCFTA) requires the full inclusion and participation of the continent’s women, says Economic Commission for Africa (ECA) Deputy Executive Secretary, Giovanie Biha. Speaking Tuesday night at a high-level roundtable dinner on “Harnessing the AfCFTA for Gender Equality” that was co-organized by ECA and TradeMark Africa (TMA), Ms. Biha said continental integration was pivotal to Africa’s economic transformation, but it could only be done with the full inclusion of women, both in the formal and informal sectors. She said the signing of the AfCFTA in March 2018 set the stage for the integration of the African continent into a single market. “It is crucial to ensure that all its citizens, especially women, are involved in the continental free trade area implementation,” said Ms. Biha, adding the AfCFTA will open new opportunities for women, and help them integrate more fully into productive, high-paid sectors of the economy. She said economies with better opportunities for women were more competitive and would benefit more from openness than economies that were less friendly to female participation. “Enhanced opportunities for women lead to improvements in human development outcomes, poverty reduction and accelerated rates of economic growth,” she added. TMA Chief Executive Officer, Frank Matsaert, for his part, said, “Research has shown that if women’s paid employment were raised to the same level as men’s, the pa capita income of 15 major economies would rise by 14% by 2020. Our work across East Africa is...
Let Women Trade: AfCFTA Policy Makers Urged
Posted on: November 21, 2018
Posted on: November 21, 2018