The African Management Institute (AMI) on Wednesday released new data showing how targeted business support is beginning to close the gender growth and financing gap for the continent’s women entrepreneurs.
AMI enables ambitious businesses and leaders across Africa to thrive, through practical tools and training. AMI equips leaders with tools to build their businesses, help companies train their teams, and run work readiness programmes for young people starting their careers.
The report, titled, ‘Greens hoots for African female entrepreneurs - with a forest still to grow,’ underscored the importance of gender inclusion in business development services, while revealing that women's participation leads to better outcomes across several sectors.
According to the report, African women business owners and entrepreneurs create more jobs for women. The report found that 63% of job opportunities created by enterprises after AMI programming were filled by women, with female entrepreneurs responsible for 58% of these jobs. The report also claimed that women upskill more women leading to greater growth in business. It also revealed that gender inclusion also made business sense.