Friday, April 26, 2024

Let’s Celebrate Quality, Not Just Quantity of Women-Owned Businesses

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By Dorothy Tuma

On the face of it, the progress is impressive: four out of the top 10 countries with high women business owner percentages are in Africa.

Indeed, since the recent release of the 2019 Mastercard Index of Women Entrepreneurs, Ugandans have been proudly sharing the report on social media. The Mastercard Index profiles the progress and achievements of women-owned enterprises in 58 countries around the world. It also measures changes in the environments within which these businesses operate.

In this 3rd edition of the report, Uganda, Ghana, Botswana and Malawi are among the top ten countries with high women business owner percentages. In Uganda and Ghana, nearly 4 of every 10 businesses are woman-owned.

This is a commendable achievement, especially in light of the high hurdles that women business owners in Africa must overcome in order to successfully pursue their business dreams. Read more…

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