AWAN Africa says womenled businesses key to rebuilding economiescrisis

21Jul 2020
Correspondent
The Guardian
AWAN Africa says womenled businesses key to rebuilding economiescrisis

​​​​​​​POST COVID-19 recovery measures should put into consideration women led Micro, Small, Medium and Large Enterprises (MSMLEs) businesses and allow them equal chance of rising from the economic crisis caused by lockdowns and restriction of movement measures put in place to contain the-

Executive Director of the African Agribusiness Network (AWAN Afrika) Beatrice Gakuba.

-spread of the coronavirus, the Executive Director of the African Agribusiness Network (AWAN Afrika) Beatrice Gakuba told a United Nations summit on women in industry and innovation on Wednesday.

Gakuba said the relief measures should cut across all sectors of the economy including the informal sector where majority of women work, without formal licences and hence no access to finances.

“The COVID-19 pandemic and its economic and financial impact will drive a section of the population to poverty, this section is women and especially those in rural areas and the informal sector,” she said.

Speaking at the online United Nations Industrial Development Organization (UNIDO) Summit for women in industry and innovation, Ms. Gakuba said majority of women in rural Africa, work in agriculture, as well as Small and Medium Enterprises and the informal economy, sectors that are worst hit by the economic fall out of the coronavirus.

She gave an example of the AWAN Afrika membership where in a survey conducted between May and June this year, 91% of respondents said they had lost income as a result of disruptions caused by lockdowns and restrictions of movement put in place to contain the spread of COVID-19.

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