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These are Africa’s fastest-growing businesses owned by women

September 04, 2019 at 04:00 pm | Money Moves, Women

Theodora Aidoo

Theodora Aidoo | Staff Writer

September 04, 2019 at 04:00 pm | Money Moves, Women

Nigerian innovator and technology market leader Kofo Akinkugbe. Pic credit: Marketing world magazine

There is a global call for entrepreneurs in Africa who can make a difference on a large scale and find effective and affordable solutions to some of the biggest challenges facing the continent.

Entrepreneurship is seen as a vehicle to drive growth and to help alleviate poverty in Africa, with women entrepreneurs usually being the mainstay of instruments of development and financial inclusion.

Yet, African women attempting to start their own businesses are usually at a disadvantage due to cultural and gender biases and other factors such as limited access to education and finance, as well as, fewer entrepreneurial opportunities. Fortunately, some African women are beating the odds and are making it big in entrepreneurship.

The London Stock Exchange Group’s Companies to Inspire Africa 2019 report identifies these women-owned African businesses as the new cohorts of fast-growing and dynamic private businesses across the continent:

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