Africa's Growth Prospects Good for Women Entrepreneurs

The World Economic Forum has just published its much anticipated Global Economic Prospects report on the world’s fastest growing economies in 2017 and Africa features prominently, with Ethiopia topping the list overall. Ethiopia’s GDP is forecast to grow by 8.3% in 2017. By contrast, global growth is projected to be 2.7%. The East African country’s accelerating growth comes on the back of government spending on infrastructure. Tanzania and Djibouti also make the top 10 list of fastest growing economies. Overall, emerging-market and developing economies are anticipated to grow 4.1%, far faster than advanced economies.This rapid growth brings opportunities for women entrepreneurs in those countries and across the African continent to tap into, providing access to exciting new markets for their products and services. The trick is to gear these women-owned businesses up for growth too so they can fully maximize the opportunities that are opening up to them, and to help them to fulfill their potential.