MEMORANDUM OF UNDERSTANDING (MOU) SIGNING
Tanzanian Women Chamber of Commerce Forge Strong Partnership with Deutsche GIZ-E4D Program for Boosting Women Entrepreneur’s Business Growth and Market Access
In a significant stride towards empowering women entrepreneurs and fostering economic growth, the Tanzanian Women’s Chamber of Commerce (TWCC) has taken a monumental step by signing a Memorandum of Understanding (MOU) with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH’s Empowerment for Development (E4D) program. The formal partnership was solidified during the Women Entrepreneurs Investor Readiness Forum held at the prestigious Hyatt Regency on the 28th of July 2023, marking a crucial milestone for women-led businesses in Tanzania.
The strategic collaboration between TWCC and Deutsche GIZ-E4D reflects a shared vision to bolster the capabilities of women entrepreneurs, offering them enhanced opportunities to expand their businesses and access broader markets. The MOU cements the commitment of both entities to work hand in hand, channeling resources and expertise to drive sustainable development within the Tanzanian entrepreneurial landscape.
The Women Entrepreneurs Investor Readiness Forum, where the partnership was announced, served as an ideal forum for women to become investor ready and choosing the right investor.Attended by a diverse array of women entrepreneurs, business leaders, investors, and policymakers, the event resonated with a palpable sense of optimism and determination.
TWCC’s dedication to elevating women entrepreneurs has been unwavering, and the partnership with Deutsche GIZ-E4D is poised to amplify their impact. Through capacity-building initiatives, skill enhancement programs, mentorship, and access to capital, the collaboration will empower women-led businesses to navigate challenges, enhance their competitiveness, and seize growth opportunities. Furthermore, the partnership will facilitate avenues for women entrepreneurs to break into larger markets, scaling their operations and contributing to the overall economic prosperity of the nation.
This partnership arrives at a time when women’s participation in the business landscape is garnering global attention for its potential to drive inclusive economic growth. By fostering an environment conducive to women’s entrepreneurship. TWCC stands to empower women economically and increased job creation for women and youth in Tanzania.