• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance

ECOWAS Caravan 2025 highlights barriers, builds support for women in cross-border trade

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
July 12, 2025
in Business & Finance
0 0
0
empowering women cross-border trade

L-R: The National President of the Federation of Business Women Entrepreneurs (FEBWE), Princess Omotola Omole; Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona; Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, and Social Affairs and Gender is Professor Fatou Sow Sarr at the closing of ECOWAS Caravan 2025 held in Lagos, Nigeria recently.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The challenges facing women engaged in cross-border trade across West Africa took centre stage at the ECOWAS Caravan 2025, held at the Federal Palace Hotel, Victoria Island, Lagos, on July 11, 2025.

Also read: ECOWAS Court rules against Sierra Leone over female genital mutilation

Launched this year by the Economic Community of West African States (ECOWAS), the Caravan is a transformative empowerment initiative designed to support small-scale women traders in West Africa’s informal trade sector.

The two-week journey followed the Abidjan–Lagos trade corridor, running from June 30 to July 14, with major stops in Abidjan, Lomé, Cotonou, and Lagos, culminating at the ECOWAS Gender Development Centre.

Speaking during the official launch of the Lagos leg and the caravan’s closing ceremony, the ECOWAS Commissioner for Social Affairs and Gender, Professor Fatou Sow Sarr, emphasised the pivotal role women play in the region’s informal economy.

“Women are the lifeblood of informal trade in West Africa… this caravan is about visibility, voice, and value — it’s about shifting narratives and shaping policies that support women where it matters most: on the ground,” she said.

Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, officially launched the Lagos stage of the sensitisation and awareness campaign for small-scale women traders. She described the initiative as a timely and necessary intervention.

“This initiative is a direct response to equip and empower our women, who form the majority of traders along the corridor and represent the backbone of informal cross-border trade across the region.

“These women play a critical role in ensuring food security, creating jobs, and sustaining livelihoods in both border communities and their homes.”

According to Ambrose-Medebem, these women are more than traders; they are economic builders who continue to operate under conditions marked by uncertainty and frequent harassment.

She stressed that the campaign represents a significant step forward, aiming to expand awareness of trade regulations, legal frameworks, and ECOWAS community protocols that govern cross-border commerce.

Speaking to the press, the commissioner noted that the Lagos State Government remains committed to supporting informal sector traders, particularly women entrepreneurs.

“I want to say that Mr Governor, Babajide Sanwo-Olu, approved ₦5 billion for MSMEs under the Lagos State Access to Finance initiative for small businesses through cooperatives at 0% interest,” she disclosed.

The fund, matched by the Bank of Industry with another ₦5 billion, is non-collateralised, features a six-month moratorium, and offers a competitive 9% interest rate.

Dr Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry (LCCI), applauded ECOWAS for its commitment to gender equality and regional integration, calling this year’s campaign “symbolic and necessary.”

“For women working in agriculture, fisheries, artisanal value chains, and cross-border trade, their daily grind is not just a livelihood; it’s an act of resilience and enterprise.

“Women traders form the uncelebrated backbone of West Africa’s informal trade economy, representing over 70% of informal cross-border traders and playing an indispensable role in food supply.”

Almona urged governments and stakeholders to invest in institutionalised, continuous capacity building through community-based training hubs in local languages, digitalisation of border procedures, and the creation of mobile-friendly platforms to expedite trade clearance and improve efficiency.

“Women in the informal trade are producing the formal results that is adding to the GDP and creating major employments.”

In her remarks, Princess Omotola Omole, National President of the Federation of Business Women Entrepreneurs (FEBWE), commended ECOWAS for its steadfast support of women.

“ECOWAS has consistently stood with women, ready to support, connect, and empower every woman who dares to dream big and trade to uplift her community,” she said.

Others who presented papers included the Lagos State Commissioner for Agriculture, Ms. Ruth Abisola Olusanya, who sent a representative.

The closing ceremony, which hosted over 300 participants from across ECOWAS member states, featured an interactive town hall meeting where panellists addressed key topics such as capacity building, awareness strategies, and toolkit presentations, while also responding to audience questions.

Also read: ECOWAS Court laments poor enforcement as only 22 percent of judgments implemented

Building on the successes of previous editions, the Tema–Paga corridor in 2023 and the Dakar–Banjul–Bissau route in 2024, the 2025 ECOWAS Caravan not only boosted the economic potential of women traders but also strengthened trade facilitation, enhanced market access, and fostered robust institutional partnerships across participating nations.

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.

Related Posts

TONY ELUMELU PS
Business

‘Poverty eradication’ Tony Elumelu reveals 158 Oyo indigenes benefit from TEF

by Freelanews
October 29, 2021
Obasanjo supports Bauchi investment
Sustainability

Obasanjo supports Bauchi investment drive with bold pledge

by Quadri Olaitan
October 9, 2025
eNAIRA PS L scaled
Business

‘Effective’ 114,900 consumers and businesses activate eNaira wallets

by Freelanews
December 30, 2021
900x506 cmsv2 71a4a3cf e475 59b7 8236 2b4770ffa21f 5191644
Business

‘200 percent!’ FG records increase in Warri-Itakpe railway passenger traffic

by Freelanews
April 17, 2021
Truecaller
Business

‘Strengthening security’ Truecaller launches anti-fraud enterprise solutions for businesses

by Freelanews
April 15, 2021

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Jamara Home

Jamara Home launches ‘Stay Dry, Shop Fly’ rainy season campaign with discounts on home appliances

August 6, 2026
Tinubu

JUST IN: Tinubu orders EFCC to lift Osun account freeze ahead of governorship election

August 6, 2026
Osimhen

Osimhen reveals reason for turning down Galatasaray’s no. 9 jersey

August 6, 2026
Kemi Adeosun

Former finance minister Kemi Adeosun loses husband at 62

August 6, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Jamara Home

Jamara Home launches ‘Stay Dry, Shop Fly’ rainy season campaign with discounts on home appliances

August 6, 2026
Tinubu

JUST IN: Tinubu orders EFCC to lift Osun account freeze ahead of governorship election

August 6, 2026
Osimhen

Osimhen reveals reason for turning down Galatasaray’s no. 9 jersey

August 6, 2026
Kemi Adeosun

Former finance minister Kemi Adeosun loses husband at 62

August 6, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Temitope Osoba

    Nollywood actress Temitope Osoba dies at 40

    0 shares
    Share 0 Tweet 0
  • Photos: Folake Adeyemi installed as Asiwaju Yeye Oge of Orile Tafin

    0 shares
    Share 0 Tweet 0
  • US Embassy Nigeria announces dates services will be unavailable in 2026

    0 shares
    Share 0 Tweet 0
  • Nigeria vs Egypt: What to know before decisive WAFCON 2026 clash

    0 shares
    Share 0 Tweet 0

Just Published!

Jamara Home

Jamara Home launches ‘Stay Dry, Shop Fly’ rainy season campaign with discounts on home appliances

August 6, 2026
Tinubu

JUST IN: Tinubu orders EFCC to lift Osun account freeze ahead of governorship election

August 6, 2026
Osimhen

Osimhen reveals reason for turning down Galatasaray’s no. 9 jersey

August 6, 2026
Kemi Adeosun

Former finance minister Kemi Adeosun loses husband at 62

August 6, 2026
BBNaija

BBNaija 11: Flora emotional as Big Brother reveals gambit role

August 6, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.