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Investing in African Women Entrepreneurs: Highlights from Social Capital Markets (SOCAP18) | She Leads Africa

Africa Posted by: KOLUMN Magazine Staff

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Investing in African Women Entrepreneurs: Highlights from Social Capital Markets (SOCAP18) | She Leads Africa

Liz Grossman , She Leads Africa
Charlotte Magayi – Training of young mothers on the production of cook stoves. Featured Image



[dropcap]According[/dropcap] to McKinsey, the female economy is the world’s largest emerging market, with the potential to add $12 trillion to global GDP by 2025. [mc4wp_form id=”6042″]

Social Capital Markets, SOCAP, Africa Investments, Invest In Africa, African Entrepreneur, African Business, KINDR'D Magazine, KINDR'D, KOLUMN Magazine, KOLUMN, Willoughby AvenueMargaret Nyamumbo, Founder of Kahawa1893. Image Credit

Furthermore, according to the Global Entrepreneurship Monitor, Sub-Saharan Africa has the highest rate of female entrepreneurship globally, with approximately 26% of female adults engaged in entrepreneurial activity. Ghana is producing more female entrepreneurs than any other country, with 46% of businesses being owned by women.

However, due to several gender-specific challenges, the African Development Bank estimates a $20B financing gap for African women causing the growth of these businesses to suffer.

This year’s annual Social Capital Markets (SOCAP18) Conference, a convening for over 4,000 actors in the development, social entrepreneurship, and impact investors held in San Francisco, discussed the importance of driving investment capital towards social good.

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