the pride of Africa's women entrepreneurs
by Lionesses of Africa Operations Department
“Investing in women’s entrepreneurship is good for business, and essential for economic growth.” These are the opening lines of a paper by the World Bank’s IFC entitled “Women owned SMEs: A business opportunity for Financial Institutions” (here) from 2014.
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by Lori Milner
If you want to make sure you come out on your monthly salary, you plan and budget accordingly. Why not apply the same thinking to your time and create a time budget? Creating a budget for your spending is not a punishment but a way to give you peace of mind. Managing your day should be the same. Your calendar is your budgeting tool - plan your week before you are in it to allocate sufficient funds to the relevant tasks. The last thing you want is to run out of time and then eat into next week's allocation.
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by Margaret Hirsch
Being brought up in a strict Baptist home, we had very strong principles to live by. However, we were taught to look down on anyone who remotely thought they were good enough! As a child I was told that children should be seen and not heard, that I should only speak when spoken to, and if I did something that went against the grain, I was told to be ashamed of myself - AND I WAS! If I said anything out of place, I had a harsh - WHO DO YOU THINK YOU ARE? thrown my way.
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by Eldari Visser
We’re all familiar with the Big 5 in nature. Majestic, strong, fierce, but yet so vulnerable because man has figured out a way to make money from each species that makes up the Big 5. Which makes it so sad is because in their world they reign, kings of the animal world, matriarchs of big clans, and tenacious mothers - seemingly unstoppable. Such is life.
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by Catia Mondlane
First impressions are essential in sales as they can make or break a potential deal. Customers often make judgments about a salesperson within the first few seconds of meeting them, based on their appearance, body language, and communication skills. To make a good first impression, it is important to do your research, have all the necessary materials, practice your pitch beforehand, dress professionally, arrive early, and learn how to read people. Additionally, it is important to be confident and personable, as first impressions are crucial in sales.
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Karina Jamal, founder, Koko Boxes Lda (Mozambique)
Startup Story
Karina Jamal, fundadora da Koko Boxes Lda, Mozambique, empresa dedicada ao ramo de embalagens biodegradáveis.
Karina Jamal is a writer and founder of Koko Boxes Lda, Mozambique, a company dedicated to the field of biodegradable packaging and production of paper bags. Koko Boxes has been present in the Mozambican market for 4 years, supplying packaging to hotels, shops, catering companies and restaurants. The company started in 2023 operating as a manufacturer of paper bags as a disposable solution in the reduction of the use of plastic.
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Blessed Agyemang, founder Herrada (Ghana)
Startup Story
Blessed Agyemang is an award-winning entrepreneur, key note speaker and management consultant, and founder of Herrada in Ghana. Blessed has her areas of expertise in supply chain management, business and operation strategy, operational and business development after she had already made an exemplary professional career climbing up the corporate ladder in what is one of the top multinational oil and gas firms within the Europe, Eurasia and Sub- Saharan (EESSA) and Africa Other (AO) regions.
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Dupe Killa-Kafidipe
Lioness Weekender Cover Story
Platinum Fisheries, an ethical and sustainable B2B seafood production company in Nigeria
Dupe Killa-Kafidipe is the founder/ceo of Platinum Fisheries in Nigeria, which has a mission to produce healthy seafood using efficient, ethical and sustainable methods. Dupe is an award-winning business leader with prior C-Suite experience in process re-engineering, change management and business consulting. She is also an alumna of the Harvard Business School, IESE New York, the China-Europe International Business School (CEIBS) and INSEAD. Dupe once volunteered as Head of Strategy with a humanitarian intervention for children affected by conflicts in the North-East of Nigeria. Dupe’s life pursuit is to continue to be a force for good in all spheres of human interaction – business, social and environmental.
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Marcia Barnes
Book Review
According to Marcia Barnes, author of Here We Grow, she believes the secret to growing your business is simple - invest in marketing that works. She encourages you to step away from viewing marketing as a cost center that drains money from annual budgets and delivers unreliable results. Instead, she believes it’s really a burgeoning profit generator that can power growth and abundance in every aspect of your business. But only if you do it right.
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Mapholo Ratau
Lioness Launch
Popular South African lifestyle brand, Ledikana, founded by entrepreneur Mapholo Ratau and based in Johannesburg, has built a great reputation for offering relevant, quality and unique contemporary ready-to-wear African clothing and gifting. This month sees the launch of the exciting new Ledikana golf wear range. It consists of cute African inspired dresses, skorts and pants for ladies and gents that could be worn on and off the course. The range also includes some great new gifting accessories. This collection of unique timeless golf and lifestyle outfits empower women and gents to play confidently by looking and feeling their best. As with all Ledikana products, the new range is handcrafted and culturally inspired.
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by Lionesses of Africa Operations Department
We saw the other day a fabulous post on LinkedIn highlighting a recent Lioness Lean In event (here), by one of our extraordinary Lionesses. A total inspiration to us all, Sarah Collins of Wonderbag, has built a global company now on every investors’ wish list, yet the bottom of her post we saw the hashtag, #bootstrap.
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by Lori Milner
My daughter came out of her dance class in tears. I assumed one of the girls said something nasty to her, but she assured me it wasn't the case. Eventually, she admitted that she was upset because the class was challenging, and she struggled with the new moves. My children are constantly my greatest teachers; this situation reminded me of how difficult it is to experience challenge and discomfort for the first time.
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by Anja van Beek Consulting: contributed by Jeff Ryan, MD of AWCape, a leading Sage business partner for HR, payroll and financial solutions
The payroll team is one of those invisible functions that runs quietly in the background of a business, not attracting much attention unless something goes horribly wrong. When it does, the impact on the business can be severe, ranging from angry employees who didn’t receive their correct salaries on time through to penalties for late or incorrect tax submissions or heavy losses to fraud.
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by Ntsoaki Sibiya
All of us want to accelerate our growth across landscapes of whatever our chosen craft is. When you are building yourself up, whether it be in business, sports, entertainment, or whatever your chosen craft may be, if you really want to accelerate your growth and development, and to take yourself to the next level of your capabilities, there are 3 kinds of people you need in your life. You need a Coach, a Mentor, and a Sponsor!
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by Kathryn Main
When I started my first business, I considered the financial side of things as “boring accounting stuff” – something I was not keen on initially. My feelings on the matter soon changed. Financial structures in your business are much more than mere accounting practices. As important as it is to manage your income and expenses, there is a lot more to setting up your financial structures than you may expect.
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Neema Gerald, founder and ceo, Penuel's Investment Ltd (Tanzania)
Startup Story
Neema Gerald is the founder and ceo of Penuel's Investment Ltd in Tanzania, a seven-year-old investment firm that provides a variety of services such as event and project management, as well as office equipment supplies. She is the co-founder of LN Extreme Beauty Ltd which has deep experience in the beauty and personal care industry, partnering with companies across the entire value chain to help their clients achieve their strategic goals. Her passion is to empower young ladies to know their identity and to unlock their potential, so as to be proud of themselves and have an impact in their society.
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Fátima Lorgat, founder, Ohana (Mozambique)
Startup Story
Fátima Lorgat is an entrepreneur and the founder of Ohana in Mozambique. She is also a wife, and a mom of 4 children. She always had a passion for sewing and fabrics, and in 2018 she started to make beach tote bags for family members. By the end of that year, she was approached to sell her beautiful tote bags commercially, and so came up with the idea of creating a Brand. In 2019 she founded Ohana as a business and in April of 2020, expanded her range to start producing protective masks to help prevent Covid19. Thanks to the love and effort that she put into her work, the masks were a success and the brand name started to be well-known for its quality. In early 2022, Ohana reinvented itself and today produces a range of useful and versatile products which use 100% cotton fabric and only good quality Capulana fabric. The main product range includes the Ohana Eco-bags, tote bags, personal and home organizers, and accessories for cooking and kitchen. All Ohana products are made with care to make our clients life a little bit better.
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Abiola Olusola
Lioness Weekender Cover Story
Abiola Olusola, a Nigerian contemporary women’s ready-to-wear and bespoke fashion brand interweaving minimalism with artisan craftsmanship
Born and raised in Nigeria, designer and fashion brand builder, Abiola Olusola, graduated with a BFA in fashion design from Istituto Marangoni Paris in 2015. She immediately gravitated towards a minimalist aesthetic, femininity, functionality, ease and undercurrents of innate sensuality. Abiola Olusola launched her eponymous brand in 2017, a contemporary women’s ready-to-wear and bespoke line with a distinct juxtaposition of minimalist cuts, sleek architecture and African sub-cultures and craftsmanship.
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Nicola Luther
Lioness Launch
South African eco-fashion and lifestyle brand LUNAR, led by owner Nicola Luther and her talented creative team, has launched its latest collection at SA Fashion Week. LUNAR has firmly established itself as one of the country's leading design labels over the past 25 years, and has built a reputation for creating understated, sophisticated clothing using only the finest, most sustainable natural fabrics.
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Melissa Houston
Book Review
Melissa Houston, author of Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business, believes it’s time for you to own your financial power and learn to make smarter, and more profitable, business decisions. Let’s start with a question… Do you know why 82 percent of new businesses fail? Poor money management. To focus on profit and wealth building, entrepreneurs need to become confident about understanding their business finances as well as their ability to manage them. Everything in business affects your bottom line, as do all your decisions. You need to take ultimate responsibility for the financial future of your business—you need to become cash confident!
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