Overview

The Women Enterprise Alliance (WenA) convened a 2-day conference focused on scaling SMEs through intra-regional trade under the African Continental Free Trade Area (AfCFTA). The event brought together over 400 participants both physically and virtually and featured contributions from key government agencies and industry stakeholders.

Objectives

• Explore emerging trends and opportunities in the export market.
• Address challenges and barriers to profitable export businesses.
• Foster networking and learning among entrepreneurs, investors, and regulators.
• Discuss the impact and mechanisms of AfCFTA for SMEs.

Panel Highlights

• New Voices, New Trade: Explored the practical barriers exporters face, including certification overlaps and standard disparities.
• Export Value Chain System: Mapped the export journey and emphasized strategies for increasing export earnings.
• Role of Investment: Focused on investment as a tool for economic growth and trade expansion.
• Trade Policy & Export Promotion: Analyzed AfCFTA’s implications and the role of trade policies in shaping competitive markets.

Key Takeaways

• Virtual trade is reshaping cross-border commerce and reducing physical trade barriers.
• Women-focused export support programs are on the rise.
• Government agencies are improving registration processes and cost structures.
• Entrepreneurs are encouraged to explore certified co-manufacturing to reduce startup costs.
• Direct engagement with regulatory agencies is preferred over third-party consultants.

Recommendations

• Harmonize regulatory frameworks and standards across the continent.
• Operationalize one-stop-shop export support centers.
• Accelerate tech-driven export platforms and Pan-African payment systems.
• Develop efficient dispute resolution channels in line with AfCFTA.
• Promote joint processing facilities and gender-inclusive trade ecosystems.

WenA’s Commitment

WenA pledges to continue advocating for SME-friendly trade reforms, support female entrepreneurs, and enhance digital integration to strengthen intra-regional commerce.

Appreciation

Special thanks to Otunba Adeniyi Adebayo, Mr. Segun Awolowo, representatives of NAFDAC, SON, Nigeria Customs Service, and all partner stakeholders for their support in advancing the intra-regional trade agenda.