Gulf Today, Aug 11, 2022 | Muharram 13, 1444
NAMA facilitates around 16,000 women-owned setups in S.Africa
Staff Reporter, Gulf Today
During a recent field visit to South Africa, NAMA Women Advancement (NAMA)
reviewed both the achievements and challenges of its “Stimulating Equal
Opportunities for Women Entrepreneurs” flagship programme, launched in the
country in partnership with UN Women in 2018 to remove structural barriers to
gender equality and foster women’s economic empowerment.
Since its commencement in South Africa, projects initiated under FPI have
enhanced the capacities of around 16,000 women-owned enterprises to participate
in various value chains.
Participating in a series of roundtable discussions, briefing meetings, and
field visits with Mahash Saeed Al Hameli, UAE Ambassador to South Africa, Fatima
Yousuf Al Suwaidi, First Secretary at the UAE Embassy in South Africa,
stakeholders, national partners, and beneficiaries of the programme during the
five-day visit, NAMA also identified areas for improvement and new
opportunities to expand its footprints in empowering women entrepreneurs
worldwide.
With a focus on South Africa and the UAE, the Flagship Programme Initiative (FPI)
is designed to build and maximise the capacity of women-owned businesses to
benefit from public and private sector procurement contracts, especially in
non-traditional sectors. By leveraging the commitment of the government and
corporate sectors, the programme aims to foster the creation of an SME support
ecosystem and facilitate access to new procurement markets and finance, while
also addressing the demand and supply constraints of buyers and entrepreneurs.
Leading the NAMA delegation, Reem BinKaram, Director of NAMA, outlined the
transformational potential of creating an enabling ecosystem for women
entrepreneurs by leveraging gender-responsive procurement as a force for
strengthening the capacities of women business owners to access finance and
enterprise development.
A broad range of stakeholders including representatives of UN Women, officials
from the South African government, private sector entities – namely signatories
of Women’s Empowerment Principles (WEPs), representatives of women associations,
local NGOs, and training institutions were part of the visit that highlighted
the progress of NAMA’s flagship programme activities in South Africa to identify
best practices and lessons learned.
Implemented in partnership with UN Women, governments, the private sector,
investors, civil society, women entrepreneurs, and women’s enterprise
associations, the ongoing Flagship Programme Initiative offers capacity building
to women-owned enterprises.