Africa’s women entrepreneurs are a powerful force for economic growth

At Lionesses of Africa, we passionately believe women entrepreneurs hold the key to creating economic change and for tackling Africa's many socio-economic challenges. In fact, Africa’s women entrepreneurs can become the continent’s most effective game-changers and an incredible force for growth on the continent. It’s a big statement to make - but women entrepreneurs hold such incredible potential. Africa has the highest percentage of women entrepreneurs by population anywhere in the world. The most recent Global Entrepreneurship Monitor Report and the Mastercard Index of Women’s Entrepreneurship tells us that Sub-Saharan Africa leads the world rankings, with female entrepreneurship rates of 25.9 per cent of the female adult population. Women entrepreneurs are economic game-changers because they typically reinvest 90% of what they make back into their communities - this is according to the World Bank. This means women entrepreneurs not only have the potential to be amazing engines for economic growth, they are also the most powerful engine for distributing that growth equitably across society. So, the opportunity is compelling!