R781 Billion Gender Funding Gap for Women Entrepreneurs in Sub-Saharan Africa - IT News Africa | Business Technology, Telecoms and Startup News

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In Africa while women make up 58% of self-employment and contribute about 13% of the continent’s GDP, there is a gender funding gap...

and a lower entrepreneurship rate than men, along with lower educational levels, cultural barriers to women working, and having to shoulder the greater burden of household and caregiving responsibilities even when they do work outside the home.

Additionally, factors like public and private sector SMME development, funding agencies, education and training, startup and innovation incubators, interaction with established businesses and investors, networking opportunities, and others – all form part of enabling an entrepreneurial ecosystem. “Enhancing women’s entrepreneurship has a great capability to transform society and empower not only women but everyone in the country.

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