Togo launches AfDB’s platform for women entrepreneurs

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Monday, 22 March 2021 13:51
Togo launches AfDB’s platform for women entrepreneurs

(Togo First) - On March 18, Togo launched the 50 Million African Women Speaking Program (50 MAWSP). This is a professional social network for women entrepreneurs. 

According to the AfDB which is behind the project, it aims to contribute to the economic empowerment of women by providing a networking platform that will allow them to access information on financial and non-financial services. More specifically, the project aims to build a platform to improve the capacities of women entrepreneurs to work in a network, share information, and have better access to financial services. The Togolese ministry for social action, women empowerment, and alphabetization is also invested in the project.  

The network concerned should regroup millions of women from three regional economic communities, knowingly the Common Market for Eastern and Southern Africa (COMESA), the Economic Community of West African States (ECOWAS), and the East African Community (EAC). The latter -EAC – is in charge of coordinating the project's implementation.  

Overall, nearly $14 million was disbursed by the African Development Fund to build the platform.  

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