Meet women-led organizations enabling entrepreneurship in Africa

2466

Africa has seen a huge increase in women-owned companies and startups across a variety of industrial sectors. This advance refuted the gender stereotype that portrays women as less capable and inferior.

By mentoring millions of young people and women, these courageous entrepreneurs are influencing Africa's future. As a result, many organizations are developing structures and networking that can support and expand the perspectives for these founders.

A Affirmative Finance Action For Women in Africa (AFAWA) has ensured that these organizations, which encourage women entrepreneurs, have all the necessary financial assistance to continue doing so.

To significantly change the banking and finance landscape in Africa and provide incentives for financing women-owned businesses, AFAWA Finance makes use of the financial instruments of the African Development Bank (ADB) and has two creative ideas.

AFAWA technical support has been helping women entrepreneurs to improve through training to increase productivity and business growth, while providing advisory services to financial institutions to ensure the successful implementation of their product portfolios. for women.

AFAWA engages with African governments and other key stakeholders to encourage legal, policy and regulatory reforms to remove structural obstacles that prevent women from entering the corporate world.

BUT: Africa. Google announces $1 million grant for women

The editorial staff of MenosFios now shows some organizations led by AFAWA women that enable entrepreneurship in Africa.

AWIEF (Africa Women Innovation & Entrepreneurship Forum)

Headquartered in South Africa, this award-winning organization for economically empowering women, AWIEF helps African women expand their operations and reach their full potential. Irene Ochem, an entrepreneur and international development specialist with over 25 years of experience in international management in Europe and Africa, founded it.

AWIEF's purpose is to encourage and nurture women entrepreneurs to promote economic inclusion, development and women's empowerment. Its aim is for women-owned businesses to be empowered to start, expand and sustain high-impact businesses that will drive the continent's GDP and economic development.

 

Entreprenarium

The pan-African group ENTREPRENARIUM works to support the development of African micro, small and medium-sized enterprises (WMSMEs). Founded by Kristine Ngiriye, a philanthropist, serial entrepreneur and advisor to some of Africa's most powerful business and political figures.

ENTREPRENARIUM creates technical support and training programs to help African women entrepreneurs. When its beneficiaries have reached the appropriate maturity stage, the company offers them individualized support to ensure their ability to obtain funding from ENTREPRENARIUM financial institution partners. Through its programs, the group has helped more than 3.000 entrepreneurs since 2014 and invested in 52 companies in Africa.

 

SeedStars Tanzania

Using technology and entrepreneurship, the private collection of companies known as Seedstars aims to improve the lives of people in developing nations.

The aim of Pierre-Alain Masson and Alisée de Tonnac's world tour was to launch the World Seedstars competition and promote emerging regions. They were able to start events in 20 cities in a single year.

Across 74 ecosystems, Seed has hosted 82 events, launched the seventh Seedspace hub and has 25 seed-stage businesses in its portfolio. More than 80 developing ecosystems contain Seedstars.

The Seedtars network has over 100.000 members from around the world, including 2.000 investors. More than 40.000 business people from developing nations have participated in its events and programs.

BUT: Huawei wants to strengthen digital literacy among women in Africa

PAWA

The Partnership for Africa Women's Advancement Initiative (PAWA) is a legally recognized non-profit organization. The main objective of the PAWA Initiative is to close the gender gap that young people and women experience in science, technology, engineering and math (STEM) fields.

By providing access to essential educational resources, mentoring programs, job opportunities and developing career-successful training programs, we are addressing these challenges in unique and new ways.

PAWA is supporting a range of UN sustainable development goals that would help address the problems of poverty, decent education, gender equality and economic prosperity in Africa.

 

AECF

The AECF focuses its efforts on areas where it can make a significant difference. The AECF, the world's largest challenge fund, provides patient finance to small and growing businesses that are not served by conventional lenders.

AECF's world-class consultants provide companies with simple, personalized, and actionable guides to help them grow, access finance, and become more resilient.

match your expertise e insights to shape future initiatives and make core decisions around the use of evidence.

The AECF has raised $392 million so far and invested in companies struggling to meet conventional risk return standards for commercial investors.

That money helped entrepreneurs in 26 countries in sub-Saharan Africa. The organization launched a new strategy in 2021 with the aim of promoting sustainability and resilience in Africa's rural and marginalized communities.

 

Creative space

Founded to encourage the expansion and development of the technology, innovation and entrepreneurship ecosystem in Nigeria and Africa, Creative Space Startup is a proudly Nigerian Non-Profit.

Founded in 2018 and formally formed in 2019, its mission is to foster entrepreneurship, innovation and technology through programs and projects.

Grace Oluchi, Creative Space Director, is a Pan-Africanist who is committed to creating a unified, prosperous and advanced Africa.

More than 5.000 African entrepreneurs, startups and MSMEs have benefited from the programs she has created and delivered. Their initiatives made a difference and reached +25 African nations.

BUT: Simply Exponential Launches Accelerator Program to Improve Financial Access for Women Entrepreneurs in Africa.

E4Impact

In 2010, ALTIS – Graduate School of Business and Society at the Università Cattolica del Sacro Cuore started the E4Impact program with the aim of educating impact entrepreneurs in the poor world to assist in establishing and expanding their businesses.

The aim of the organization is to create a new generation of African impact entrepreneurs. Aiming to deliver a variety of entrepreneurship programs across 20 African nations by 2023, the organization hopes to have an ever-increasing impact on the continent in terms of the number of entrepreneurs taught, new businesses formed and formal economy jobs produced.

 

TBN Africa

The Transformational Business Network Africa was created to assist both early stage entrepreneurs in creating successful businesses and preparing for investments.

They make use of their networks, the one-on-one assistance of experienced entrepreneurs, investors and content experts, as well as strong business tools.

TBN Africa's current assistance focuses on recovery and business continuity as entrepreneurs deal with the effects of the economic slump caused by the worldwide COVID-19 epidemic.

Its purpose, as part of the Global Transformational Business Network, is to build and scale transformative enterprises that reduce poverty.

These, in turn, generate employment that improves living standards and helps lift people out of poverty.

 

Graca Machel Trust

The Graça Machel Trust (GMT) works across the African continent to support children's rights, influence governance and expand women's movements. Starting in 2012 by Mrs.

Graca Machel, Chairman of the Board, engagement with Tanzania has been centered primarily on promoting the abolition of child marriage and better nutrition. The GMT started operating in the education sector of the Mara Region in 2014.

Since then, the GMT has created and strengthened a number of networks and organizations in civil society dedicated to stopping child marriage and providing high-quality education.

The Trust initiated a campaign to stop child marriage in Tanzania in collaboration with UN agencies, civil society organizations and other stakeholders. In addition, the GMT collaborates with various partners to promote free and necessary basic education.

 

Women in Africa

The world's leading platform for promoting African women entrepreneurs and their economic development is called Women in Africa.

Women in Africa is a social impact organization that Hafsat Abiola founded with the aim of helping African women leaders and entrepreneurs in their quest to make an impact on the continent's economy.

Over the past five years, WIA has created the first pan-African and international platform that brings together all relevant parties; also runs training and mentoring initiatives and communicates widely on the topics of “*Women *Business *Africa".

WIA and its clients create programs through the Women in Africa Philanthropy Endowment Fund to assist African women in their endeavors as students, business owners and leaders.

LEAVE AN ANSWER

Please enter your comment!
Please enter your name here