Uganda
According to the Index, Uganda, a low‐income, factor‐driven economy, has the highest women’s business ownership, showing an exceptional case where women’s share of the business world is the highest among the 58 markets (38.2%).
The entrepreneurial ecosystem in Uganda has been described as unique. For instance, the entrepreneurial conditions are notably below par (very poor quality of governance, low ease of doing business, very poor support for SMEs) and women’s enrolment in tertiary education is acutely low (only 4.0% of females of tertiary age are actually enrolled in a college/university).
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Yet, a very high proportion of working-age females are engaged in early‐stage entrepreneurial activity (37.1%, surpassing male’s rate of 33.7%). Women‐led entrepreneurs in the country also tend to be significantly more opportunity‐driven as opposed to a necessity.
