African Women’s Entrepreneurship Program (AWEP) is an outreach, education, and engagement initiative that targets African women entrepreneurs to promote business growth, increase trade both regionally and to U.S. markets through the African Growth and Opportunity Act (AGOA), create better business environments, and empower African women entrepreneurs to become voices of change in their communities.
Globally, women make up 50 percent of the global population, 40 percent of the global workforce, yet only own about 1 percent of the world’s wealth. Given the opportunity, women invest the majority of their income into their families and communities, but unfortunately most women experience unnecessary barriers that limit their ability to fully participate in the economy.
In Africa, women are the backbone of communities and the continent’s greatest potential to unlocking economic growth as they provide the majority of labor with the least amount of resources. Reductions in the gender gap in education, health, political participation, and economic inclusion will result in an increase in the continent’s economic competitiveness.
Through the African Women’s Entrepreneurship Program (AWEP), the U.S. Department of State seeks to dismantle the obstacles to business opportunities and economic participation that African women face. Launched in July 2010, the initiative identifies and builds networks of women entrepreneurs across sub-Saharan Africa poised to transform their societies by owning, running, and operating small and medium businesses, and by becoming voices for social advocacy in their communities.
Supporting economic growth in sub-Saharan Africa is a policy priority for the United States. The AWEP initiative further advances the Secretary’s Policy Guidance on Promoting Gender Equality through economic and civic participation in sub-Saharan Africa. Finally, AWEP directly supports two of the four pillars in the Presidential Policy Directive on U.S. strategy toward sub-Saharan Africa by (1) spurring economic growth and trade through incorporating women into the economic sector and (2) promoting opportunity and development throughout the continent for women and youth.
For more information, including information for investors interested in the AWEP program, please contact: AWEP@state.gov.
Finally, AWEP alumnae can build on professional exchange experiences, expand their networks, and access additional resources through the International Exchange Alumni website.