Ethiopia: 5o Mln. African Women Speak Platform Kicks Off

ADDIS ABABA- A digital platform, ‘Ethiopia’s 50 Million African Women Speak’ (50MAWSP) which is designed to contribute to the economic empowerment of women across Africa, was kiced off here yesterday The platform is said to enable women entrepreneurs to access loan and market information they need to start or grow their businesses.

Launching the project, President Sahle-Work Zewde noted that the platform is significant in empowering women entrepreneurs to run their enterprises in a digital environment.

She further stated that due to the inaccessibility of information coupled with absence of financial services, many women are employed in the informal works. However, the availability and accessibility of this platform enable them to have sufficient information and access the required services to join the formal sector.

Filsan Abdullahi, Minister of Women, Children and Youth mentioned that the platform which is a first-of-its kind continental network will create access to several facilities such as tools for business training, mentorship in addition to financial products, and market information.

As to her, women globally engaged in “informal sector,” with insufficient payments and benefits. They are also more likely to work in industries which are hardest hit by the pandemic, such as hospitality and childcare.

Thus, the launching of the platform is also expected to assist in the realization of the targets set for women entrepreneurs’ in nation’s ten year development plan, she stressed.