ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home Business

South Africa: UN Women Helping Buyers Find Women Suppliers Online

United Nations Women is leveraging technology to connect buyers of good and services with women suppliers

in Business, News
Reading Time: 3 mins read
0 0
0
South Africa: UN Women Helping Buyers Find Women Suppliers Online
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

This year’s theme for International Women’s Day calls for the inclusion of women in technology and innovation and to ensure that technological progress promotes gender equality. In South Africa, UN Women is leveraging technology to connect buyers of good and services with women suppliers.

Read More: World Bank Approves $300 Million to Improve Access Economic Opportunities in Mozambique

Buy From Women is also the name of the online platform that in its current phase has reached over 6,000 women entrepreneurs in several industries across the nine South African provinces.

The platform is not just database of women suppliers but also provides a learning portal that is constantly developing, covering topics including branding, marketing, preparing for a tender bid, creating a business continuity plan, creating a business plan, understanding, and handling finances, legal aspects, and audit.

Globally, the World Bank reports that of the $11 trillion spent annually on public procurement, only 1 per cent is awarded to women-owned businesses. In South Africa, where  government spends close to $94 billion a year on goods, services, and construction. Only up to 6 per cent of this amount goes to women-owned businesses. Women in the country own up to a third of businesses.

More

Somalia: the female revolution building cities

Niger to grow over 6% in 2025, driven by oil boom

New AfDB index reveals reform potential in the delivery of basic services in Africa

The African Union Agenda 2063 calls for this allocation to be at least 25 per cent. Through the Generation Equality Forum, South Africa not only advocated for preferential procurement for women but went on to commit to implementing a 40per cent public procurement policy for women-owned businesses. In his February 2023 State of the Nation Address, President Ramaphosa reiterated this commitment.

Read More: Lusaka Welcomes US Vice President Kamala Harris

With the ongoing advocacy and the policy now in place, Buy From Women answers the question procurement often ask: where are the women-owned businesses? How do we find them? The theme for International Women’s Day 2023 and the 67th session of the Commission on the Status of Women calls for innovation and technology to promote gender equality. Buy from Women puts that in action to ensure that women-owned businesses have a place where potential buyers can find them and where they can empower themselves with the necessary education and information to ensure they are well-prepared for those opportunities when they come,” adds Mvimbi.

UN Women’s South Africa Multi-Country Office has big plans for the platform. “Firstly, we are working on expanding the selection of online courses offered on the website so that our entrepreneurs are empowered with adequate skills to expand their businesses. Secondly, we’d like to maximise on the opportunity presented by the African Continental Free Trade Area (AfCFTA) to promote intra-trade access to women owned enterprises. ACFTA is the largest free trade area with a potential of creating a market of about 1,3 billion people with a combined GDP of USD 3,4 trillion.

Read More: Oil Tanker Sailors Taken Hostage by Pirates in Gulf of Guinea

UN Women seeks to leverage on this opportunity by creating a user-friendly e-commerce functionality where women owned enterprises and other businesses from across the continent can exchange critical information about essential business services to aide market access by promoting goods and services that are offered by our women entrepreneurs.

Thirdly, we’d like to expand the database beyond the borders of South Africa into the rest of SADC and add functionality to the platform that would promote inter-continental trade and enable peer-to-peer learning and knowledge exchange among women entrepreneurs,” concludes Mvimbi.

Africanian

Africanian

  • Trending
  • Comments
  • Latest
Weather in Morocco: Climate, Seasons and Average Temperature

Weather in Morocco: Climate, Seasons and Average Temperature

August 25, 2020
Equatorial Guinea: Dreams Hub Among the Selected by OIF to Drive Green Innovation in the Congo Basin

Equatorial Guinea: Dreams Hub Among the Selected by OIF to Drive Green Innovation in the Congo Basin

June 9, 2025
Weather in Kenya: Climate, Seasons, and Average Temperature

Weather in Kenya: Climate, Seasons and Average Temperature

August 26, 2020
Somalia: the female revolution building cities

Somalia: the female revolution building cities

June 14, 2025
India leads a technical response following the Boeing 787 crash

India leads a technical response following the Boeing 787 crash

June 13, 2025
Niger to grow over 6% in 2025, driven by oil boom

Niger to grow over 6% in 2025, driven by oil boom

June 13, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to [email protected]

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to [email protected]. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.