CWT Launches Initiative in Nigeria To Empower Women Entrepreneurs

Kayode Tokede

The Connecting One Million Women Who Trade (CWT) recently launched an initiative in Nigeria with the aim to empower one million women who trade, fostering economic growth and shattering gender barriers in trade.

As the Former Vice President of Liberia, Chief Jewel Taylor aptly stated, “When women are empowered through trade, a synergy is created that boosts economies and strengthens communities.”

CWT embodies a powerful vision; to harness the potential of women in trade to promote sustainable economic development. This is accomplished by unifying associations, organizations, and individuals who are dedicated to supporting the success of women in business across Africa, the Americas, and the Caribbean.

CWT recognizes the immense potential of women in trade. By fostering collaboration, providing access to resources, and dismantling the silos that often hinder women’s advancement, this will create a robust ecosystem for female entrepreneurs to thrive. The initiative will connect women with expertise and training, increase access to capital, and drive economic growth by empowering women entrepreneurs.

CWT’s strategy hinges on building a network of strong partnerships by collaborating with at least 10,000 business associations and cooperatives that support women in trade and will reach a vast network of female entrepreneurs. The pre-launch phase began in October 2023 and has already engaged with many stakeholders, including the World Bank, George Washington University, Ronald Reagan Trade Center, United Nations Headquarters, National Black Chambers of Commerce, Prosper Africa, and Amazon.