How Opportunity Impacts Economic Success in Africa
Meet Asterie Mukangango. A couple of years ago, she was one of the many women farming small plots of coffee trees in Rwanda. Even though she was part of the global coffee market, she wasn’t aware of the complex web of relationships and elements that make up the value chain for a commodity as universal as coffee.
Today, Asterie is an experienced farmer who deeply understands the process, challenges and barriers of exporting coffee. She’s the president of the Nyampinga women’s coffee cooperative in Southern Rwanda and a trainee of Bloomberg Philanthropies partner, the Relationship Coffee Institute — Sustainable Harvest Rwanda. Not only does Asterie understand the ins and outs of the coffee value chain but she also empowers other women in her community to become independent businesswomen who can provide for their families. Women like her are helping lead Africa towards a stronger economy.
What set Asterie apart? Opportunity. Without the opportunities afforded by programs such as Sustainable Harvest Rwanda, women smallholder farmers like Asterie would be unlikely to cultivate the entrepreneurial and business skills needed to grow their operations in the marketplace.
Opportunity can take many forms, from new partnerships and access to markets to vocational training programs and support for wealth-building. These elements are all important to ensuring that women are at the center of broader economic success in Africa.
That’s why at Bloomberg Philanthropies, we’re constantly working to unlock opportunities that help facilitate growth and progress in Africa, from our Women’s Economic Development program to our Maternal and Reproductive Health initiative.
And that’s why we’re deepening our investment with the Relationship Coffee Institute with a renewed $10 million gift. The Relationship Coffee Institute connects women farmers to resources and global markets so they can meet the international demand for specialty coffee. This new round of funding will allow the institute to reach an additional 20,000 women.