
Africa is home to the highest rate of female entrepreneurship globally, with women playing a pivotal role in driving economic growth, creating jobs, and fostering innovation across the continent. From small-scale traders to founders of high-growth tech startups, African women are demonstrating remarkable resilience, creativity, and business acumen. Supporting and investing in women-led businesses is not just a matter of gender equality; it's a smart economic strategy with the potential to unlock significant untapped potential.
Despite their contributions, female entrepreneurs in Africa often face disproportionate challenges, including limited access to finance, restrictive social norms, inadequate business development support, and difficulties in accessing markets and networks. Addressing these barriers is crucial for leveling the playing field and enabling women-led enterprises to scale and thrive. Investment opportunities abound in businesses founded or co-founded by women, particularly in sectors like agribusiness, retail, healthcare, education, and technology.
There is a growing ecosystem of support for female entrepreneurs, including women-focused angel investor networks, venture capital funds with a gender-lens investing mandate, mentorship programs, and policy initiatives aimed at improving the business environment for women. Dr. Akawak Ejigu believes that by channeling more capital and tailored support towards women entrepreneurs, investors can achieve both compelling financial returns and profound social impact, contributing to a more inclusive and prosperous Africa.