From right: Ms Monica Hangi, TMA's Regional Director for East and Central Africa, and Ms Mwajuma Hamza, Executive Director of TWCC, sign the $1 million (TZS 2.59 billion) grant from TradeMark Africa (TMA) to enhance regional market access for women traders in Tanzania TWCC secures $ 1 Million (Tzs 2.59billion) from TradeMark Africa to propel Tanzania women traders into regional and international markets. Dar Es Salaam, Tanzania, 06 June 2024: The Tanzania Women Chamber of Commerce (TWCC) has secured a $1 million (TZS 2.59 billion) grant from TradeMark Africa (TMA) to enhance regional market access for women traders in Tanzania. This support will focus on product certification, raising awareness of trading opportunities and regulations, and promoting the adoption of digital technologies for trading, which are essential for catalysing their economic growth. This initiative is funded by UK International Development, Norway, and Ireland The initiative stems from a recent “Women in Trade in Tanzania" study, conducted by TMA, revealed that women and youth in Tanzania face significant barriers to accessing and participating in trade, particularly international trade. These challenges include gender-based constraints, limited awareness of market requirements for exports, lack of market information and linkages, limited awareness of available trading opportunities like the Simplified Trade Regimes (STRs), constraints in value addition, challenge in accessing financial capital and inadequate business management skills. The grant agreement marks a significant milestone in efforts to economically empower women traders in Tanzania, providing them with the necessary tools, resources, and support to thrive in both...
Tanzania Women Chamber of Commerce and TradeMark Africa Join Forces to Catalyse Economic Growth for Women Traders in Tanzania
Posted on: June 7, 2024
Posted on: June 7, 2024