logo
Mano River Union Delegation Studies Successful Border Post Model to Enhance Women's Cross-Border Trade

Mano River Union Delegation Studies Successful Border Post Model to Enhance Women's Cross-Border Trade

Zawya25-02-2025

A Mano River Union (MRU) delegation recently concluded a successful study tour of the 'Busia One Stop Border Post' (OSBP) between Kenya and Uganda, gaining valuable insights into efficient cross-border trade systems that benefit women traders. The tour brought together women traders and border officials from Liberia and Sierra Leone, alongside representatives from the African Development Bank (www.AfDB.org).
The Busia OSBPs, one of East Africa's busiest border crossings, handling over 3,000 people and 900 vehicles crossing daily, has transformed cross-border trade since its establishment in 2018. The facility serves as a model for streamlined border procedures between Kenya and Uganda, demonstrating significant improvements in trade efficiency and women's economic empowerment.
Nelly Maina, Principal Gender Officer at the African Development Bank, who led the Bank delegation, said the Busia OSBP exemplified how structured trade facilitation and targeted support can drive economic empowerment for women in cross-border trade. 'It brings out the importance of collaboration with government agencies and the provision of essential resources such as training, capacity building and infrastructure, and the development of inclusive policies that address women's specific needs.'
The tour was part of the African Development Bank-funded Building Inclusive Business Ecosystems for Stabilization and Transformation (BI-BEST) project, which aims to empower 1,500 women traders in Liberia and Sierra Leone. The project focuses on enhancing participation in cross-border value chains for resilient economic growth and social cohesion.
The delegation held discussions with Kenya's Ministry of Investments, Trade and Industry, the National AfCFTA Committee, TradeMark Africa, Busia Border management authorities, and local women cross-border traders, who shared their experiences of the OSBP's transformative impact.
Women traders from Kenya and Uganda detailed how the OSBP, operational since 2018, has enhanced their ability to conduct business seamlessly across borders. "I buy Irish potatoes in Kenya and bring them to Uganda, then purchase maize in Uganda and return it to Kenya. I am now a fully-fledged cross-border trader, enlightened and sensitized,' said Mercy Mugo, a trader in Busia town.
Another trader, Florence Atieno, emphasized the broader social benefits of an inclusive trade environment: "We believe that by addressing the critical needs of women in trade, we can positively impact the community and promote the overall economic well-being.'
Delegates from Sierra Leone and Liberia found the experience particularly inspiring. Betty R. Kamara from Sierra Leone noted: " I am impressed by how Kenyan women collaborate with security officials and manage their businesses alongside childcare responsibilities. Similarly, Esther Tamba from Liberia stated: 'I will meet with my women's association, Good Seeds, in Liberia to share the lessons learned from Kenyan women traders.
The tour highlighted the critical role of infrastructure and policy in creating a safer, more inclusive trade environment for women. For example, at the Busia OSBP, a daycare center has been established to support women traders and local business owners, many of whom previously had to carry their infants to markets – exposing them to risks such as child trafficking, accidents, and abuse. This center now provides accessible, affordable childcare, enabling women to focus on trade, entrepreneurship, and employment.
According to the joint border management committee, the Busia OSPB has transformed cross-border trade. Before its establishment, traders endured long clearance queues and complex bureaucratic procedures, with women particularly vulnerable to security risks and lacking storage facilities for unsold goods. Many relied on intermediaries to facilitate their passage. Today, simplified trade Regimes (STRs), certificates of origin, and other accessible documentation have replaced lengthy procedures, allowing women to manage their transactions independently. A dedicated reporting desk now enables women to voice their concerns, while new facilities—including lactation rooms and secure storage spaces—enhance their trading experience.
Through continuous sensitization efforts by the Kenyan and Ugandan governments and the private sector, women traders are now more informed about their rights and available resources. Training sessions provide guidance on trade procedures, documentation requirements, and trader rights, fostering a more inclusive trading environment.
'By applying these insights within the MRU, we look forward to contributing to an inclusive business ecosystem in the West Africa region,' said Sierra Leone's Betty Kamara.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Future of business in Africa will be shaped by partnerships
Future of business in Africa will be shaped by partnerships

Zawya

time3 days ago

  • Zawya

Future of business in Africa will be shaped by partnerships

Across Sub-Saharan Africa, businesses are navigating an economic environment shaped by evolving global and regional forces. Currency movements, changing capital flows, and shifts in trade dynamics continue to influence strategic decisions across industries. While these conditions introduce complexity, they also present opportunities for businesses and institutions to adapt, reposition, and grow. Recent years have seen notable adjustments in capital flows, particularly as global financial conditions tighten. According to data from the African Development Bank (AFDB), net financial flows to developing countries declined significantly in 2022, a trend reflected across multiple emerging markets. In 2023, many African currencies, including those in East Africa, came under pressure. Policymakers and financial institutions responded with targeted interventions aimed at preserving economic stability and curbing inflation. While each country's response has been tailored to its context, a common thread is the increasingly proactive role of monetary authorities in managing volatility. This coordination has been vital in restoring investor confidence and facilitating a more predictable operating environment for businesses that rely on cross-border trade, capital access, and foreign currency exposure management. These efforts are beginning to lay a foundation for more sustainable and balanced growth. Amid these developments, corporate and institutional clients are reassessing their operating models. There is a clear shift toward greater financial agility, with firms placing increased focus on liquidity management and more adaptive funding strategies. Shorter-tenor financing, particularly in trade and working capital, has gained traction as businesses seek flexibility in managing both cost and timing of capital. At the same time, currency risk mitigation, through hedging and structured treasury solutions has become a more central component of financial planning. We are also observing a shift in boardroom conversations away from purely cost-of-capital considerations toward more strategic thinking about capital structure, portfolio diversification, and risk-adjusted returns. Many clients are re-evaluating capital expenditure pipelines, not as a retreat from investment, but as a recalibration aligned to macro cycles and evolving market demand. This is particularly evident in infrastructure, manufacturing, and services sectors, where financing decisions are increasingly tied to operational agility and scenario-based planning. These trends are also redefining the role of financial institutions. The traditional transaction-driven model of banking is no longer sufficient in today's operating environment. Clients expect more: timely insights, sectoral understanding, and a partnership approach that goes beyond credit. In response, we have sharpened our focus on integrated client engagement, embedding ourselves in the realities of each business and designing financial solutions that align with both immediate needs and long-term strategy. As part of this effort, we recently hosted a regional economic forum convening clients, investors, and policymakers. The dialogue centred on practical strategies for navigating uncertainty, enhancing yield in a moderating interest rate cycle, and optimising financing structures in capital-constrained markets. The conversations underscored the importance of data-driven decision-making, and of building institutional resilience through a better understanding of both macro trends and operational risks. This form of engagement reflects a broader principle: our role must extend beyond capital provision. It includes strategic advisory, cross-market insight, and the ability to structure solutions that enable growth across varied and often complex environments. With a pan-African presence, Absa is well positioned to support clients operating across jurisdictions — whether through access to capital markets, foreign exchange and risk management capabilities, or bespoke structuring for regional and cross-border transactions. As businesses scale across the continent, there is growing demand for solutions that are both locally relevant and regionally harmonised. The emergence of initiatives such as the African Continental Free Trade Area (AfCFTA) underscores the need for financial partners who can navigate regulatory diversity while supporting seamless cross-border execution. Looking ahead, the future of business in Sub-Saharan Africa will be shaped by the partnerships we forge today. Long-term value creation will depend on how well we understand our clients' objectives, their constraints, and the environment in which they operate. Resilience, in this context, is not simply the ability to withstand disruption. It is the capacity to recognise opportunity in changing conditions and to respond with clarity, foresight, and the right support. That is the kind of partnership we should commit to, one grounded in trust, informed by insight, and designed to endure. The writer is the Corporate and Investment Banking Managing Principal at Absa Bank Kenya Plc. © Copyright 2022 Nation Media Group. All Rights Reserved. Provided by SyndiGate Media Inc. (

Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings
Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings

Zawya

time4 days ago

  • Zawya

Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings

ABIDJAN, Ivory Coast/ -- On the sidelines of the African Development Bank Annual Meetings ( founding partners of the Africa Investment Forum signed a Partnership Framework Agreement, reinforcing their collective commitment to mobilize transformative investments across the African continent. The new framework creates a clearer partnership model that sets out the roles and benefits for the founding partners. It also opens the door for expansion to new partners, ensuring everyone benefits while increasing the Forum's overall impact. Launched in 2018, the Africa Investment Forum platform has solidified its standing as Africa's premier investment marketplace for global investors and has garnered nearly $225 billion in investment interest to date. Principals of the African Development Bank Group, Africa50, Africa Finance Corporation, Development Bank of Southern Africa (DBSA) and Arab Bank for Economic Development in Africa (BADEA) signed the agreement. The other partners are Trade and Development Bank, European Investment Bank, Islamic Development Bank and Afreximbank. Speaking at the signing ceremony, President of the African Development Bank Group and chairperson of the Africa Investment Forum, Dr. Akinwumi A. Adesina said: "This agreement is a testament to our shared vision: that Africa will not be developed by aid, but by investment. The AIF has changed perceptions and proven that Africa is indeed a bankable destination." Dr Fahad Abdullah Aldossari, Chairman of BADEA's Board of Directors said: 'The signing of the AIF Framework Agreement marks a remarkable milestone to ascertain both effectiveness and efficiency as well as financial sustainability for AIF 2.0 in a bid to advance more projects to bankability and crowd-in transformative investments to the continent.' Alain Ebobissé, CEO of Africa 50 said: 'This signature marks our renewed commitment to support the objectives of the Africa Investment Forum, launched under the visionary leadership of President Adesina. It is a much-needed deal-making platform that helps strengthen collaborations and leverage innovative models to unlock private capital to accelerate the delivery of bankable projects on the continent. It is critical for African Institutions to support it'. 'As a Founding Partner, we are proud to see this initiative formally take shape. Through AIF, we've proven what Africa can achieve when we collaborate — building the continent's first investment platform that truly mobilizes capital for bankable, high-impact projects,' said Samaila Zubairu, President and CEO of Africa Finance Corporation. "We have to continue leveraging the AIF as a platform for capital mobilisation in Africa, to bridge the infrastructure funding gap in the continent," said DBSA's CEO Boitumelo Mosako. The signing of the Partnership Framework Agreement takes place ahead of what is expected to be an expanded and impactful Market Days 2025, to be held from 26 to 28 November 2025 in Rabat, Morocco. Market Days, the centerpiece of the Africa Investment Forum platform, brings together investors, deal sponsors and heads of government to advance transformational African projects toward financial close. Distributed by APO Group on behalf of African Development Bank Group (AfDB). Media Contact: Hafsa Dia-Enoh Communication and External Relations Email: media@ SOURCE African Development Bank Group (AfDB)

Africa Investment Forum Partners Sign Partnership Framework Agreement at African Bank Development Bank Group's 2025 Annual Meetings
Africa Investment Forum Partners Sign Partnership Framework Agreement at African Bank Development Bank Group's 2025 Annual Meetings

Zawya

time4 days ago

  • Zawya

Africa Investment Forum Partners Sign Partnership Framework Agreement at African Bank Development Bank Group's 2025 Annual Meetings

On the sidelines of the African Development Bank Annual Meetings ( founding partners of the Africa Investment Forum signed a Partnership Framework Agreement, reinforcing their collective commitment to mobilize transformative investments across the African continent. The new framework creates a clearer partnership model that sets out the roles and benefits for the founding partners. It also opens the door for expansion to new partners, ensuring everyone benefits while increasing the Forum's overall impact. Launched in 2018, the Africa Investment Forum platform has solidified its standing as Africa's premier investment marketplace for global investors and has garnered nearly $225 billion in investment interest to date. Principals of the African Development Bank Group, Africa50, Africa Finance Corporation, Development Bank of Southern Africa (DBSA) and Arab Bank for Economic Development in Africa (BADEA) signed the agreement. The other partners are Trade and Development Bank, European Investment Bank, Islamic Development Bank and Afreximbank. Speaking at the signing ceremony, President of the African Development Bank Group and chairperson of the Africa Investment Forum, Dr. Akinwumi A. Adesina said: "This agreement is a testament to our shared vision: that Africa will not be developed by aid, but by investment. The AIF has changed perceptions and proven that Africa is indeed a bankable destination." Dr Fahad Abdullah Aldossari, Chairman of BADEA's Board of Directors said: 'The signing of the AIF Framework Agreement marks a remarkable milestone to ascertain both effectiveness and efficiency as well as financial sustainability for AIF 2.0 in a bid to advance more projects to bankability and crowd-in transformative investments to the continent.' Alain Ebobissé, CEO of Africa 50 said: 'This signature marks our renewed commitment to support the objectives of the Africa Investment Forum, launched under the visionary leadership of President Adesina. It is a much-needed deal-making platform that helps strengthen collaborations and leverage innovative models to unlock private capital to accelerate the delivery of bankable projects on the continent. It is critical for African Institutions to support it'. 'As a Founding Partner, we are proud to see this initiative formally take shape. Through AIF, we've proven what Africa can achieve when we collaborate — building the continent's first investment platform that truly mobilizes capital for bankable, high-impact projects,' said Samaila Zubairu, President and CEO of Africa Finance Corporation. "We have to continue leveraging the AIF as a platform for capital mobilisation in Africa, to bridge the infrastructure funding gap in the continent," said DBSA's CEO Boitumelo Mosako. The signing of the Partnership Framework Agreement takes place ahead of what is expected to be an expanded and impactful Market Days 2025, to be held from 26 to 28 November 2025 in Rabat, Morocco. Market Days, the centerpiece of the Africa Investment Forum platform, brings together investors, deal sponsors and heads of government to advance transformational African projects toward financial close. Distributed by APO Group on behalf of African Development Bank Group (AfDB).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store