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Lionesses of Africa

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The Pride of Africa's Women Entrepreneurs

the pride of Africa's women entrepreneurs

Lionesses of Africa

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Want Impact? Back a Lioness, not a Unicorn!

May 5, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

“You don't want the institutions incentivized to go big and expensive when you could maybe have more impact, smaller and less expensive”, so said Margaret Kuhlow of the US Dept of Treasury at one of the side meetings at the recent World Bank Spring Conference (see here 1:30:05).

Anna Bjerde, the World Bank Managing Director of Operations confirmed the key message of the meetings (here): “A key component…is measuring outcomes rather than inputs and focusing on results that further our aim to improve people's lives and livelihoods.”

Read more
In Team Lioness
Comment

Life begins at 80! The World Bank with a new Spring in its step

April 26, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

As American Presidential hopefuls will tell you, life begins at 80 and so given the World Bank turned 80 this year, would there be a new lease of life, a new energy to tackle the world’s greatest problems?

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In Team Lioness
Comment

Cautionary Tales from the Front Line

April 21, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

There have been many times over the past few years when we have looked at a country’s foreign exchange rate, have watched in horror as it has collapsed, had sleepless nights over the inflation that is sure to come given the needs of the country for US$ based imports (or is already building due to the mismatch between the ‘official’ rate and the parallel black market rate), and wondered how our Lionesses in that country will survive the long nights ahead.

Read more
In Team Lioness
Comment

Think Bigger - your product or service possibly has a superpower

April 7, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

Three core things get investors up in the morning.

- The Problem.

- The Solution.

- The Team that is going to deliver.

The ‘Problem’ is the starting point that drags investors in. As Maxime Bayen, the Operating Partner, of the Catalyst Fund says "I am often sold on the problem. If I see the problem is big, if I see that it is well articulated, is data backed, then I am really eager to see the solution..." (here).

Read more
In Team Lioness Tags Entrepreneurial Mindset
Comment

What have you got to lose?

March 22, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

The UK’s BII recently released their Emerging Economies Climate Report 2023, and the results from the 2023 survey of senior executives working across their large and impressive portfolio of companies and funds, were not good, although did confirm what we are seeing across and hearing from our membership at the coal face (a decent metaphor, we think) of climate change.

Read more
In Team Lioness Tags Green Business
Comment

You get what you measure

March 17, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

Amina Mohammed, UN Deputy Secretary-General says (here): “Better data is the indispensable scaffolding that supports progress across all the SDGs,” and the UN and the Global Partnership for Sustainable Development Data have checked this and tell us (here) that there is “an average return of $32 for every $1 invested in strengthening data systems in low and middle income countries.”

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In Team Lioness Tags SDGs
Comment

The year 2024 must be pivotal…

March 3, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

As we reach the end of our four-parter look at the investing and funding world and how we can gain more of it, here, here, and here, so this weekend we dive into why collecting data on the jobs we have created, the wages we pay, the lives we have changed is so important, and why now is the best time to start.

Read more
In Team Lioness
Comment

Know your numbers to stay ahead of the game…

February 18, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

It is one thing to complain and be grumpy about the rounding error that is the amount of funding that goes into women’s businesses in Africa, but as we stated last week (here) we believe the answer may lie instead in highlighting the benefits to the investors, and their own investor base in having a more diverse team and with that a stronger portfolio made up of more female-founded companies.

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In Team Lioness
Comment

‘Deep-rooted gender imbalance’ leaving cash on the table…

February 11, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

The VC numbers for Africa in 2023 were released a few weeks ago and, as usual, the dial for women just doesn’t seem to be moving. As the brilliant data crunchers at ‘Africa: The Big Deal’ show (here), male and all male funding teams in 2023 as with other years, continued to raise around 85% of the entire funding, that’s not only equity but also debt and grants. Women and all women founding teams raised a rounding error, 2.3% to be exact, with only 13% going to gender diverse ones. Their article is headed: “2023 Deep-rooted gender imbalance” and deep-rooted it is. We just can’t seem to shake off these 2% levels.

Read more
In Team Lioness Tags Women's Empowerment, Venture Funds
Comment

“Nothing in life is to be feared; it is only to be understood.”

February 4, 2024 Melanie Hawken

by Lionesses of Africa Operations Department

Marie Curie, the winner of the Nobel Prize in Physics in 1903 and then Chemistry in 1911, (see here for information on this incredible Scientist) is said to have once remarked: “Nothing in life is to be feared; it is only to be understood…”, and we have to admit that try as we might, we cannot understand the reasons for, let alone fathom the pain and suffering that 2023 brought to many millions across the globe. If Diplomacy really is the art of restraining power, as Henry Kissinger, the 56th U.S. Secretary of State, U.S. National Security Advisor and winner of the 1973 Nobel Peace Prize said, then we have to suggest that in 2023, ‘diplomacy’ failed.

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In Team Lioness
Comment

Shhhh….The secret to building online marketplaces

December 17, 2023 Melanie Hawken

by Lionesses of Africa Operations Department 

One of the many joys of working at Lionesses of Africa is that we have membership in so many different industries, from Fashion and Beauty, to Security, to Health, to Agro-processing, to Construction, to Road Building, to PR and Marketing, to Tech in its many forms, to…, no day is the same. There are also a number of Lionesses who have built and are building marketplaces. Not so simple as we might think. There are so many issues to think about - and assumptions that will be hopeless and overnight just wipeout their dream. Here’s a hint - ‘If I build it, they will come’, never works. Welcome to the world of the Chicken and the Egg.

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In Team Lioness Tags E-commerce
Comment

Your Network starts with the formation of the first link on one memorable day

November 26, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

We often work with Lionesses who have come up against the usual funding brick walls (no need to repeat, regular readers will know what we are talking about. New readers? Do we have a treat for you - see here one of our many articles highlighting the iniquities of finance!), and who need a helping hand.

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In Team Lioness Tags Networking
Comment

Understanding the journey to Series A

November 11, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

Regular readers of this column will recognise that it is highly unusual for us to review books here. We quote to illustrate points we wish to make and then draw people to where they can buy such books to support the authors, but review? Never. That is until now, so pour yourself a Coffee or cup of Tea, and enjoy!

Read more
In Team Lioness Tags Raising Capital
Comment

Service Industry - it’s an Experience best done together!

November 4, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

Working as we do across all industries we often fall into the trap of generalising, assuming that what works well in one industry automatically delivers in another. If we group these further and say, split our membership neatly between the Manufacturers (the agricultural, manufacturing and mining worlds) and those in the Service Industry (take a bow, those who have built Consulting, Marketing, PR, Accounting and Law firms), there is so much advice within the great management books that has been written with Manufacturing in mind that cannot jump across the divide into the Service space, but why is this? Milton Friedman said: “The business of a business is business”, so just how different can these industries be?

Read more
In Team Lioness Tags Customer Experience
Comment

Leadership during ‘interesting times’

October 28, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

The last few weekends we have returned to a common undercurrent in many of our articles written almost weekly since early 2020, namely the tremors hitting the world and rushing towards our beautiful businesses (our most recent here and here). From Covid warnings in early articles, or the Ever Given container ship blocking the Suez Canal (here) it’s been almost a continuous fear of the next thing to hit us, up to the present day, where supply chains are still stretched; inflation and interest rates are high (and very ‘sticky'); US$ debt of many African countries still too large and with higher interest rates now impacting our daily lives, all US$ being sucked out of the economies to pay the growing interest bills; global warming is of course omni-present and looms over us…it seems to go on and on. With all of this we could certainly be forgiven for looking at these storms and simply shutting up shop and finding a shady spot under a Baobab tree from which to rest out our days.

Read more
In Team Lioness Tags Leadership
Comment

“Euphoria and terror” - as if running a business was not difficult enough!

October 21, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

Marc Andreessen of the massively successful Tech investment fund ‘a16z’ likes to joke that the best thing about startups is that they “only ever experience two emotions: euphoria and terror. And I find that lack of sleep enhances them both.” (See here).

Read more
In Team Lioness
Comment

Butterflies as they flutter across Washington, impact us all

October 13, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

It was mathematician and meteorologist Edward Norton Lorenz who noted when studying and modelling the creation of Tornados that minute changes in initial conditions created significantly different outcomes in storms many miles if not countries and continents away. He likened these minute changes to a seagull flapping its wings and this vibration change in the surrounding air being the tiny difference that set either the Tornado off, or changed its direction. Luckily for our poetic sensibilities, he was persuaded to ditch the Seagull and write about a Butterfly fluttering its wings instead, and so in a lecture he gave in December 1972 he used the expression: “a butterfly flapping its wings in Brazil can produce a tornado in Texas.”, and the rest (as they say) became history.

Read more
In Team Lioness
Comment

Just good business and great communities

October 8, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

It was without doubt one of our finest moments, persuading Melanie to give us the time off, and on behalf of the greater Lioness community we headed off into southern Italy for a road trip. Stopping off in many restaurants (all in the name of research, of course) we drove around the beautiful countryside allowing us a deep look into a part of Italy often missed by the tourist books. Covered as it is in breathtaking views, steeped in culture and of course, amazing produce from the land, it is an area of the world well worth a visit. What we also noticed sadly was the slow death of hilltop towns as the youth vote with their feet,  and head to the big cities in the North to search for the roads ‘paved with gold’ and of course meaningful jobs.

Read more
In Team Lioness
Comment

A new long-term strategic research partnership launched to address the gender data gap on Africa's high-growth women entrepreneurs

October 4, 2023 Melanie Hawken

Partnership agreement signing between Melanie Hawken, founder & CEO of Lionesses of Africa and Farshida Zafar, Director of Erasmus Centre for Entrepreneurship

Impact Partnership Launch

On a mission to address the data gap that exists on better understanding high-growth women's entrepreneurship in Africa, particularly on access to funding, Lionesses of Africa BV (a 1.7 million strong network of women entrepreneurs in Africa) and Erasmus Centre for Entrepreneurship BV (ECE) have launched a new long-term strategic partnership. At an official signing ceremony on 28 September 2023 at the Rotterdam headquarters of ECE, the two partners announced the new partnership. It will kick off with a collaborative research project in the form of a quantitative and qualitative dashboard and report, highlighting the characteristics and drivers of Africa's high-growth women entrepreneurs and providing actionable insights to help bridge the gender gap, especially in the financial landscape. 

Read more
In Lioness Launch, Lioness Data, Team Lioness Tags Lioness Data
Comment

No matter how much you love your new product, it’s often better to live to fight another day

October 1, 2023 Melanie Hawken

by Lionesses of Africa Operations Department

“Market matters most; neither a stellar team nor fantastic product will redeem a bad market. Markets that don’t exist don’t care how smart you are.” - Marc Andreesen, founder of ‘a16z’ fund.

It is incredible just how many entrepreneurs forget this basic lesson.  Invent a product that is the greatest, the most beautiful, most perfect, it solves every issue, so much so that it seems to have been touched by the gods, has been dipped into the river of eternal life, shines and sparkles like nothing seen before (think you get the idea)…yet has no market - it will simply remain a product with no market. That’s it. Dull as ditch water. The thing that will move? Your bank balance, and believe us when we say, not in the right direction!

Read more
In Team Lioness
Comment
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CELEBRATING 10 YEARS


LATEST PODCAST

LIONESSES OF AFRICA · AI Series - Navigating Artificial Intelligence In The Workplace

Lioness Radio Show Special Episode: Navigating AI in the Workplace - Tune in for an engaging conversation designed to equip you with the knowledge to embrace AI and unlock its possibilities for your business.


LIONESS WEEKENDER COVER STORIES

LIONESS WEEKENDER COVER STORY
Teboho Seretlo, a passion-driven entrepreneur helping SMEs to grow
Teboho Seretlo, a passion-driven entrepreneur helping SMEs to grow
Zanele Njapha, a transformational business leadership coach
Zanele Njapha, a transformational business leadership coach
Mekdes Mesfin, a proudly Ethiopian fashion designer and manufacturer
Mekdes Mesfin, a proudly Ethiopian fashion designer and manufacturer
Emilia Chisango, a multi-faceted business empire builder
Emilia Chisango, a multi-faceted business empire builder
Morongwe Mokone, a passionate champion of artisanal homeware
Morongwe Mokone, a passionate champion of artisanal homeware

IMAGE OF THE DAY. CELEBRATING WOMAN MADE IN AFRICA.

Image of the Day / Adèle Dejak

Big bold accessories…We are big fans of luxury jewellery and accessories made with love and passion on the African continent, and Adèle Dejak in Kenya is the epitome of handmade luxury. The brand c
Image of the Day / ReelFruit
 
Healthy snack treats…We love showcasing Africa’s women agribusiness builders, and ReelFruit, founded by Affiong Williams, is inspirational - it’s the largest fruit processing, packaging and distributi
Image of the Day / Dokmai Rwanda

Made in Rwanda Handbag…A passion for handcrafted accessories, combined with a sense of pride for ‘Made in Rwanda’ products, inspired Dokmai Rwanda founder, Bernadette Umunyana, to create a company
Image of the Day / Eki Silk

Silk Serenity…Nothing is quite as luxurious as silk, that’s why we love the ‘Africa on Silk’ collections from Eki, founded by Hazel Eki Osunde. Her latest Deep Dive Collection is inspired by the p
Image of the Day / The Nanjala Company

Pot plants delivered… Give gifts that will last, such as these stunning plants in individual pots from The Nanjala Company in Kenya, founded by Teresa Nanjala Lubano. This online store creates customized
Image of the Day / Sari for Change

Sustainable Sari Glamour - If you want to wear a robe that makes you feel and look glamorous, then Rayana Edwards, founder of Harem in South Africa, has a range of fabulous robes all made from sari fabrics. She has
Image of the Day / MonChoco

Pure chocolate heaven…If you are a chocolate lover, then you need to experience raw chocolate at its finest, and Dana Mroueh, founder of MonChoco an artisan chocolatier in Côte d’Ivoire, has just what y
Image of the Day / Mulandi Brindes

Say it with flowers…If you want to make someone feel special, then there is no better way than with the gift of fresh flowers, and Mulandi Brindes in Mozambique, founded by Vanessa Guilherme Nhabete, creates
Image of the Day / Mariée Eventos

The Wedding Planner…Every big celebration day needs great organization, and that’s where Iris Lezi Munguambe, founder of Mariée Eventos in Mozambique, is your go-to person. She launched he
Image of the Day / Dounia Home

Statement lighting… from Dounia Home, the home of innovative, handcrafted and ethically made Moroccan lighting and home decor founded by Dounia Tamri-Loeper. Her company designs, produces and brings to market hi
Image of the Day / Adèle Dejak

Big bold accessories…We are big fans of luxury jewellery and accessories made with love and passion on the African continent, and Adèle Dejak in Kenya is the epitome of handmade luxury. The brand c Image of the Day / ReelFruit
 
Healthy snack treats…We love showcasing Africa’s women agribusiness builders, and ReelFruit, founded by Affiong Williams, is inspirational - it’s the largest fruit processing, packaging and distributi Image of the Day / Dokmai Rwanda

Made in Rwanda Handbag…A passion for handcrafted accessories, combined with a sense of pride for ‘Made in Rwanda’ products, inspired Dokmai Rwanda founder, Bernadette Umunyana, to create a company Image of the Day / Eki Silk

Silk Serenity…Nothing is quite as luxurious as silk, that’s why we love the ‘Africa on Silk’ collections from Eki, founded by Hazel Eki Osunde. Her latest Deep Dive Collection is inspired by the p Image of the Day / The Nanjala Company

Pot plants delivered… Give gifts that will last, such as these stunning plants in individual pots from The Nanjala Company in Kenya, founded by Teresa Nanjala Lubano. This online store creates customized Image of the Day / Sari for Change

Sustainable Sari Glamour - If you want to wear a robe that makes you feel and look glamorous, then Rayana Edwards, founder of Harem in South Africa, has a range of fabulous robes all made from sari fabrics. She has Image of the Day / MonChoco

Pure chocolate heaven…If you are a chocolate lover, then you need to experience raw chocolate at its finest, and Dana Mroueh, founder of MonChoco an artisan chocolatier in Côte d’Ivoire, has just what y Image of the Day / Mulandi Brindes

Say it with flowers…If you want to make someone feel special, then there is no better way than with the gift of fresh flowers, and Mulandi Brindes in Mozambique, founded by Vanessa Guilherme Nhabete, creates Image of the Day / Mariée Eventos

The Wedding Planner…Every big celebration day needs great organization, and that’s where Iris Lezi Munguambe, founder of Mariée Eventos in Mozambique, is your go-to person. She launched he Image of the Day / Dounia Home

Statement lighting… from Dounia Home, the home of innovative, handcrafted and ethically made Moroccan lighting and home decor founded by Dounia Tamri-Loeper. Her company designs, produces and brings to market hi

STARTUP STORIES. MEET THE WOMEN WHO’VE LAUNCHED.

Featured
Jacqueléne Coetzer, a pan-African business consulting and specialist trade firm builder empowering other women entrepreneurs
Jacqueléne Coetzer, a pan-African business consulting and specialist trade firm builder empowering other women entrepreneurs
Schneidine Phidelmond, an entrepreneur building a holistic digital agency supporting WSMEs and SMEs in Mozambique
Schneidine Phidelmond, an entrepreneur building a holistic digital agency supporting WSMEs and SMEs in Mozambique
Suné Theisinger and Dr Juanri Jonck, two dynamic players in the aesthetic industry in South Africa
Suné Theisinger and Dr Juanri Jonck, two dynamic players in the aesthetic industry in South Africa
Tania Kabeya, a passionate chef and entrepreneur building a uniquely African culinary brand
Tania Kabeya, a passionate chef and entrepreneur building a uniquely African culinary brand
Aasiyah Adams, a visionary South African tech founder helping individuals and organisations to thrive in the digital economy
Aasiyah Adams, a visionary South African tech founder helping individuals and organisations to thrive in the digital economy

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LIONESS BOOK REVIEWS

Featured
Authentic Selling: Be Real to Seal the Deal by Kendrick Shope
Authentic Selling: Be Real to Seal the Deal by Kendrick Shope
Babette’s Bread by Babette Kourelos
Babette’s Bread by Babette Kourelos
SOS – A Navigation Guide for Women at Work by Lidewij Wiersma, Chantal Korteweg, Tessel van Willigen and Marijn Wiersma
SOS – A Navigation Guide for Women at Work by Lidewij Wiersma, Chantal Korteweg, Tessel van Willigen and Marijn Wiersma
Unstoppable Entrepreneurs: 7 Paths for Unleashing Successful Startups and Creating Value through Innovation by Lori Rosenkopf
Unstoppable Entrepreneurs: 7 Paths for Unleashing Successful Startups and Creating Value through Innovation by Lori Rosenkopf
Afro-Optimism Unleashed by Adeolu Adewumi-Zer
Afro-Optimism Unleashed by Adeolu Adewumi-Zer

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