Why women
in the economy?
African women leaders and entrepreneurs are not just shaping the economy.
They are transforming their communities
and rewriting the narrative of what’s possible.
With creativity, resilience, and unyielding determination,
these women are at the helm of a movement that fuels innovation and social change across the continent.
$300 billion
Women entrepreneurs in Africa could contribute an additional $300 billion to the continent’s GDP by 2025.
50%
Approximately 50% of women in Africa are engaged in entrepreneurial activities.
7%
Only 7% of women entrepreneurs in Africa secure the funding they seek.
Source:
McKinsey Global Institute, The Power of Parity: Advancing Women’s Equality in Africa, 2019.
African Development Bank, African Women in Business Initiative, 2020.
Global Entrepreneurship Monitor (GEM) Report, 2020.
The highest
impact
investment in Africa
When women thrive, everyone benefits—families, communities,
and entire nations.
Women entrepreneurs play a transformative role in driving inclusive and sustainable growth. Studies show that women are more likely to reinvest up to 90% of their income into their families and communities, compared to 30-40% for men. This reinvestment leads to improved education, healthcare, and overall well-being for entire households, creating a multiplier effect that boosts local economies. When women succeed in business, they don’t just lift themselves out of poverty; they bring their families, communities, and future generations along with them. By fostering more women-led businesses, we are laying the foundation for inclusive development that benefits everyone.
Bridging the Gender Gap
Women bring unique perspectives and solutions to the business world, especially in industries that have a direct impact on daily life, such as healthcare, education, and clean energy. Yet, despite their potential for groundbreaking innovation, only 2% of global venture capital goes to women-led businesses. This stark disparity limits the diversity of ideas and solutions available to address some of the world’s most pressing challenges. By empowering women entrepreneurs, we can tap into a well of creativity and innovation that is essential for solving problems on a global scale. Supporting women isn’t just about fairness; it’s about unlocking solutions that can benefit the world.