‘Women-led business power U.S. economy with $3 trillion output’

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Ambassador Sidique Abou-Bakarr Wai News

ECOWAS,U.S. Economy

Sierra Leone’s Ambassador to the United States and Secretary General of the Economic Community of West African States (ECOWAS) Ambassadors group, Ambassador Sidique Abou-Bakarr Wai, yesterday, highlighted the significant economic impact of women-led businesses in the U.S, which generated $3 trillion in output.

Sierra Leone’s Ambassador to the United States and Secretary General of the Economic Community of West African States Ambassadors group, Ambassador Sidique Abou-Bakarr Wai, yesterday, highlighted the significant economic impact of women-led businesses in the U.S, which generated $3 trillion in output.

He referenced the World Bank’s acknowledgment that female entrepreneurs contribute significantly to global economic growth and poverty reduction, adding that, “Women-led businesses in the U.S. alone contribute nearly $3 trillion to the economy and create 23 million jobs. Their effective trade participation drives economic prosperity globally.

“By breaking down barriers and providing access to vital resources, we are paving the way for a more inclusive and prosperous global economy. This initiative will empower women to participate in international trade and thrive as leaders in the industry.” The former Ghanaian President, John Mahama, emphasised the priorities of women in trade and the importance of the CWT initiative.

Mr Saleh Maikudi, a 35-year-old farmer from Bula community in Akko Local Government Area of Gombe State, says he earns over N7 million annually from growing tomato and pepper.

 

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