This important initiative, developed by the Ministry of Trade, Industry, Regional Integration, and Employment (MoTIE) in collaboration with the Investment Climate Reform (ICR) Facility, aims to empower women traders in The Gambia and help them grow their businesses.
The strategy addresses the key barriers women face when accessing financing and financial products by harnessing innovative FinTech solutions. After a comprehensive sector review with stakeholders on November 20, 2024, the document has been refined and is now ready for valuable inputs.
Speaking on behalf of Bretero Leonardo of the ICR, Ms Arianne Martin thanked MOTIE for the work carried out on the draft and the participants for coming together to discuss how to best create an enabling environment for FinTech to grow in the country, particularly for women entrepreneurs in the cross-border trading.
She informed the participants that ICR is a facility co-financed by the European Union alongside the German Federal Ministry for Economic Cooperation and Development (BMZ).
The Deputy Permanent Secretary of MoTIE, Mr Ismaila Danso, said that FinTech is cross-cutting thus it requires all stakeholders to play their role and participate fully if they want to move the Gambia’s digital economy forward.
He called on stakeholders, including financial institutions, women traders among others, to join them in shaping the future of women cross-border traders.
