The International Trade Centre (ITC), has inaugurated SheTrades Commonwealth in Nigeria to strengthen capacities of 3, 000 women-owned businesses toward boosting their sales to 28 million pounds (about N11, 480 trillion) by 2020.
Nicholas Schlaepfer, the Senior Advisor, Women and Trade Programme, ITC said this at the inauguration of the programme on Thursday in Lagos.
According to him, the project aims to boost trade, productivity and competitiveness for women entrepreneurs through intensive training and mentoring toward ensuring they played active role in international trade.
He said that the project funded by the UK Department for International Development (DFID), would be implemented by ITC from 2018 to March 2020.
Schlaepfer noted that the project would increase economic growth and job creation in Commonwealth countries by ensuring increased participation of women-owned businesses in international trade.
He said the project would address challenges faced by women entrepreneurs, including access to and control over land, cumbersome business and financial institutional processes.
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