Mastercard is a global technology company in the payments industry.South Africa is one of only 12 economies where women’s entrepreneurial activity rates increased, with 11.1% of working-age women engaged in early-stage entrepreneurial activities
South Africa performed relatively well in the “Women’s Advancement Outcome” component , which measures women’s progress and degree of marginalisation as business leaders, professionals, entrepreneurs, and labour force participants. Although “Women’s Entrepreneurial Activity Rate” declined in most economies during the pandemic, South Africa is one of only 12 economies where women’s entrepreneurial activity rates increased, with 11.
Ranked 55th as far as ‘Knowledge Assets and Financial Access’ is concerned on MIWE, this is an area where South Africa has room for improvement. Women are constrained by poor access to finance and government SME support . While the female tertiary education enrolment rate in South Africa is higher than men – with 26.5% females enrolled versus 18.5% of men – it remains quite low on a global scale .
Mastercard’s philosophy is that not only will empowering women’s entrepreneurship act as a catalyst for growth and innovation, but it will raise up the communities around successful women and fuel a global recovery that is more equitable and sustainable for everyone.Methodology
MastercardMEA Where?
MastercardMEA Lol critical journalism clearly understanding nominators and denominators. /s