Over the years various studies have found that female entrepreneurs receive smaller loans than their male counterparts but no evidence of gender bias was ever brought to light. Recently, I came across two studies that prove that some of the obstacles women face in gaining access to funding have to do with the different standards
Despite various challenges that Africa is facing, it is still home to seven of the ten fastest growing economies in the world. Therefore, it continues to be one of the most desirable investment destinations. So, if you are eager and ready to seize business opportunities on the continent, here is what you should know.
Economists project that by 2060, Africa’s middle class population, which is currently about 300 million people, will triple to about 1 billion people. This will without a doubt present a lucrative market for products and services that all companies, including multinationals, are eager to access. In his book, The Fortune at the Bottom of the
Over the years Uganda has been recognized as one of the food baskets of East Africa due to its fertile soil and adequate rain; but now the country faces the biggest food shortage crisis in its history. Bad land tenure systems, drought and outdated agricultural tools are some of the factors contributing to this crisis.
According to McKinsey Global Institute, advancing women’s equality can add $12 trillion to the global growth by 2025. McKinsey Global Institute (MGI) further reveals that there is lower representation of women in paid work in contrast to their higher representation in unpaid work. At least 75% of the world’s total unpaid care is undertaken by
We’ve heard over and over that entrepreneurship is a key factor to improving growth in developing countries, yet there is slow progress being made in removing stumbling blocks that impede the success and growth of SMEs. So, are there really merits to the claim that small and medium enterprises are engines of economic growth? Well,
I came across Babson College’s GEM Report citing that working women in the lowest income countries are three times more likely than non-working women to start businesses. The study attributes the findings to the fact that employment helps to improve skills of women and indirectly expands their social networks necessary for business. While it
Many studies suggest that women face greater difficulty than men in scaling up their businesses and are under-represented in the top revenue business categories. Reasons for this range from difficulty in accessing capital, accessing markets, and so on…. Be that as it may, have we considered the possibilities that women entrepreneurs may consciously choose to
Women and men tend to face different challenges as entrepreneurs. For the most part women are more affected by conflicting demands of business and family than men are. Motherhood, social, political and cultural expectations and norms affect women in particular, giving them different priorities and values when they start their own businesses, according to the
How do you really know if you are on the right track in your business? Is it about how much profits your business generates, the number of employees you have, the size of your entity, your personal or financial worth or market value of your business? Is it about your profile on Forbes’ list of