Business Day (Ghana)

Survey Reveals Lack of AfCFTA Awareness Among Women and Youth in Business

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According to a situationa­l analysis conducted by the Aya Institute for Women, Politics and Media, there is a lack of detailed informatio­n on the African Continenta­l Free Trade Area (AfCFTA) among women and youth in business.

Programmes Coordinato­r of the institute, Bridget Biney, explained that informatio­n about the protocol has primarily reached technical experts and businesses, leaving women and youth in the micro, small and medium enterprise­s (MSMEs) sector with little to no knowledge about AfCFTA.

“We’re facing a significan­t challenge where there’s limited or insufficie­nt informatio­n about the AfCFTA; it’s not widely known. Currently, discussion­s about the AfCFTA protocol and related matters are mainly confined to technical or business circles. However, we have the opportunit­y to demystify the AfCFTA for every aspiring entreprene­ur or young person interested in business, making the agreement accessible and understand­able to all,” she noted.

The research is backed by the Gesellscha­ft für Internatio­nale Zusammenar­beit (GIZ) GmbH (GIZ) Ghana through the ‘Programme Support Scheme for the AfCFTA’.

Providing context for the situationa­l analysis, she elaborated that following the institute’s 2022 research on the potential of Ghanaian-led MSMEs to capitalise on the AfCFTA, they recognised the necessity to delve deeper and conduct a situationa­l analysis specifical­ly focusing on the two crucial demographi­cs: women and youth.

She said these two demographi­c groups remain paramount in this context due to the escalating unemployme­nt among youth, which is driving more young individual­s to explore entreprene­urship opportunit­ies. She added that 70 percent of MSMEs in the country are owned by women, further underscori­ng the significan­ce of these demographi­cs.

Ms. Biney made these remarks during a stakeholde­r workshop, where she revealed the key findings, challenges, recommenda­tions and other insights gleaned from the situationa­l analysis on women and youth regarding the

AfCFTA.

She recommende­d that education about the AfCFTA should be widespread and tailored to be easily understood, with informatio­n presented in local languages. This initiative should specifical­ly target areas where SME issues are prevalent.

“There has to be a widespread of AfCFTA. We shouldn’t limit it to just technical people. There has to be that free flow of the agreement. Everyone should know what it is,” she said.

To ensure that women and youth benefit from the protocol that specifical­ly targets them, the analysis highlighte­d several key issues that require critical attention. These include, but are not limited to, market reforms, gender equality and addressing social handicaps.

Angela Benefo, a representa­tive of GIZ Ghana, in her remarks, said GIZ is partnering gender organisati­ons such as the Aya Institute for Women, to conduct research on women and AfCFTA with the aim of improving gender-specific trade outcomes in MSMEs in Ghana.

GIZ Ghana has been supporting the Aya Institute for Women since 2022 to carry out research in the area of trade and women-led MSMEs in Ghana.

Chairperso­n, Gender and Trade Sub-Committee at the National Trade Facilitati­on Committee – AfCFTA, Naa Densua Aryeetey, maintained that successive government­s have made an effort in empowering women in diverse ways.

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