en
Co-funded by the European Union
Co-funded by the European Union
Location
The Gambia
Topic
Business Regulation and Policy, Women's Economic Empowerment
Status
Ongoing
Year
2024
The Ministry of Trade, Industry, Regional Integration and Employment’s (MOTIE) role is to formulate, implement, and support policy measures that facilitate the creation of an efficient and effective environment for private sector-led development. Its responsibilities are to promote the development of domestic trade, enhance productive capacity development and ensure a sustained competitive business environment. MOTIE seeks to work on developing a national strategy for the development of a market for digital financial products and services specific for women engaged in the agricultural cross-border trade with the Gambia’s neighbouring country Senegal.
The ICR Facility’s technical assistance consists of supporting MOITE in carry out a research study on how The Gambia can adopt and leverage fintech to enhance women’s access to finance to enable them to grow and sustain their businesses. This study will focus on the agricultural sector, in particularly reflecting on the use of innovative digital financial services to expand women’s economic empowerment in the agricultural cross-border value chain and trade with Senegal. Furthermore, it will support MOITE drafting team in developing a national strategy to set up an enabling environment for the creation and development of products and services that can be delivered through fintech to expand women entrepreneurs’ options and choices in the agricultural value chains and cross-border trade. This document will also include a section on the key strategic capacity building opportunities related to the development of these products.
It is forseen that the research study and the new data collected will be used by the MOITE team to draft, via a participatory approach, a national strategy for the development of a market for digital financial products and services specific for women engaged in the agricultural cross-border trade with the Gambia’s neighbouring country Senegal.
