Events
ECOWAS Supports Women Traders by Expanding Access to Border Financing
Published
1 year agoon

ECOWAS supports women traders through a regional caravan initiative boosting informal trade, improving market access, and empowering female entrepreneurs
The ECOWAS supports women traders campaign reached a major milestone as the ECOWAS Caravan 2025 concluded in Lagos, spotlighting the critical role of women in informal cross-border trade across West Africa.
Also read: Nigerian activist embarks on West African tour to celebrate ECOWAS’ 50th anniversary
The two-week empowerment journey, launched by the Economic Community of West African States (ECOWAS), followed the Abidjan–Lagos trade corridor, with stops in Abidjan, Lomé, Cotonou, and Lagos.
The initiative culminated at the ECOWAS Gender Development Centre on July 14, after a series of strategic engagements to boost the visibility and economic potential of small-scale women traders.
“Women are the lifeblood of informal trade in West Africa. This caravan is about visibility, voice, and value—it’s about shaping policies that support women where it matters most,” said ECOWAS Commissioner for Social Affairs and Gender, Professor Fatou Sow Sarr, during the Lagos closing ceremony at the Federal Palace Hotel.
At the Lagos leg, Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, officially launched the local campaign.
She described the initiative as a bold intervention to empower the women who drive regional commerce.
“These women are not just traders; they are economic builders. They continue to sustain households and communities under harsh conditions,” she said, urging deeper institutional support and legal protection.
She further revealed that Lagos State Governor Babajide Sanwo-Olu approved ₦500 billion for MSMEs through the Access to Finance initiative.
This funding, matched by the Bank of Industry, provides interest-free loans with favourable terms for women-led cooperatives and informal businesses.
Dr Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry (LCCI), applauded the campaign, calling it “symbolic and necessary.”
“For women in agriculture, fisheries, and border trade, their daily grind is not just a livelihood; it’s an act of resilience. ECOWAS supports women traders who fuel our informal economy,” Almona said.
She recommended continuous community-based training in local languages, digital trade platforms, and simplified customs processes to further empower grassroots entrepreneurs.
Princess Omotola Omole, President of the Federation of Business Women Entrepreneurs (FEBWE), echoed those sentiments, praising ECOWAS for standing by female traders in their quest to uplift families and communities.
“ECOWAS has been there for women who dare to dream big. Their commitment is unwavering,” she said.
The ECOWAS Small Business Coalition, represented by Dr Abdulrashid Yerima, described the caravan as a model for regional trade development.
“The bridges we build today become the trade routes of tomorrow’s prosperity,” he noted.
Over 300 participants attended the closing event, including local and regional leaders, female entrepreneurs, and development partners.
An interactive town hall meeting featured discussions on trade facilitation, toolkit presentations, and community feedback sessions.
The ECOWAS supports women traders initiative builds on earlier editions—the Tema–Paga corridor in 2023 and Dakar–Banjul–Bissau in 2024.
This year’s caravan not only advanced the economic inclusion of women but also deepened institutional collaboration and market access across member states.
Also read: ECOWAS Energy Information System workshop to strengthen regional energy data integration
As the 2025 caravan ends, ECOWAS reaffirmed its commitment to transforming regional trade by giving women the visibility and voice to shape West Africa’s future.




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Culture
Crowds Gather for Rare Sunrise at Egypt’s Abu Simbel Temple
Published
2 weeks agoon
October 23, 2026
Hundreds of tourists gathered at Egypt’s Abu Simbel temple to witness the twice-yearly sunrise ceremony illuminating Pharaoh Ramses II’s statue
Hundreds of tourists gathered at Egypt’s Abu Simbel temple on Thursday to witness a spectacular sunrise phenomenon in which sunlight illuminated the face of the statue of Pharaoh Ramses II, an event that occurs only twice a year.
Also read: 16 Famous Cultural Festivals That Define India
The ancient astronomical ceremony drew visitors from different parts of the world to the archaeological site in southern Egypt on October 22, one of two dates associated with the phenomenon.
The second occurrence takes place on February 22, when the rising sun illuminates the temple’s interior.
Egyptian tour guide Yasser Fouad described the occasion as extraordinary, saying some visitors had stayed overnight to secure the opportunity to witness the event.
“Today is an extraordinary day, everyone is keen, there are people who stayed over the night, foreigners who actually spent the night in Abu Simbel to see this phenomenon,” Fouad said.
The Great Temple of Ramses II at Abu Simbel dates back to the 13th century BC and is among Egypt’s most prominent archaeological attractions.
Built during the reign of Ramses II, one of ancient Egypt’s most powerful pharaohs, the temple is renowned for its monumental statues and sophisticated architectural design.
The twice-yearly sunrise phenomenon is a major attraction, drawing visitors eager to witness the interaction between sunlight and the temple’s ancient structure.
The dates have traditionally been associated with significant moments in Ramses II’s life.
October 22 is commonly linked to his birthday, while February 22 is associated with his accession to the throne.
However, the precise historical reasons behind the dates remain debated.
Some archaeologists have proposed alternative explanations, including that they may have marked the pharaoh’s coronation and birthday.
Abu Simbel underwent a major international rescue operation in the 1960s, when archaeologists and engineers relocated the temples to protect them from flooding caused by the construction of the Aswan High Dam.
The monumental structures were cut into large blocks and reassembled at a higher location, preserving the site for future generations.
The relocation was one of the most significant archaeological preservation projects of the 20th century.
Despite the move, the temple continues to attract visitors for its ancient Egyptian art, monumental architecture and remarkable alignment with the rising sun.
Also read: 16 Famous Cultural Festivals That Define India
The annual gatherings highlight the enduring appeal of Egypt’s archaeological heritage and the continuing fascination with the astronomical knowledge and engineering achievements of its ancient civilisation.
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Gbenga Adeyinka Brings Laffmattazz 2026 Finale to Lagos
Published
4 weeks agoon
October 13, 2026
Laffmattazz 2026 Lagos finale will hold on November 15, as Gbenga Adeyinka brings comedy, music, culture and fashion to Victoria Island
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The Headies Announces New Date for 18th Awards Edition
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4 weeks agoon
October 12, 2026
The Headies has rescheduled its 18th awards edition to April 10 and 11, 2027, in Toronto, Canada, with industry events continuing
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