Gambia Launches Strategy to Help Women Traders Access Digital Finance.
The Gambian government held a workshop at Bakadaji Hotel to review a new plan for digital financial services. The event focused on women who trade across the Senegambia border.
The Ministry of Trade (MoTIE) created this plan with the Investment Climate Reform Facility. It aims to remove barriers that women face when seeking business loans and financial services through technology.
The strategy emerged from extensive talks with business leaders in November 2024. Ms. Arianne Martin, speaking for ICR's Bretero Leonardo, praised MOTIE's work on the draft and noted that the European Union and German Federal Ministry for Economic Cooperation fund the ICR program.
MoTIE Deputy Secretary Ismaila Danso stressed the broad impact of financial technology and called on banks, women traders, and other groups to support the initiative.
"Financial technology affects many sectors. Everyone must participate to advance our digital economy," Danso said.
The program targets specific challenges for women who conduct trade between the Gambia and Senegal. It seeks to use new financial technologies to facilitate these entrepreneurs' business operations.
The Gambian government held a workshop at Bakadaji Hotel to review a new plan for digital financial services. The event focused on women who trade across the Senegambia border.
The Ministry of Trade (MoTIE) created this plan with the Investment Climate Reform Facility. It aims to remove barriers that women face when seeking business loans and financial services through technology.
The strategy emerged from extensive talks with business leaders in November 2024. Ms. Arianne Martin, speaking for ICR's Bretero Leonardo, praised MOTIE's work on the draft and noted that the European Union and German Federal Ministry for Economic Cooperation fund the ICR program.
MoTIE Deputy Secretary Ismaila Danso stressed the broad impact of financial technology and called on banks, women traders, and other groups to support the initiative.
"Financial technology affects many sectors. Everyone must participate to advance our digital economy," Danso said.
The program targets specific challenges for women who conduct trade between the Gambia and Senegal. It seeks to use new financial technologies to facilitate these entrepreneurs' business operations.
