According to the recently released MasterCard Index of Women Entrepreneurs, 46,4% of businesses operated in Ghana are owned by women, while Uganda boasts a women business ownership rate of 33,8%.
These two countries, as well as Vietnam, are just some of the emerging markets that are outperforming the likes of global powerhouses like the USA, where businesses owned…
The findings of the second Mastercard Index of Women Entrepreneurs (MIWE) have shown that South Africa has moved up one place, to rank 22nd (score: 64,2). The index tracks female entrepreneurs’ ability to capitalise on opportunities granted through various supporting conditions within their local environments.
How it works
The index uses three components made up of 12 indicators and 25 sub-indicators to look at how 57 economies around the world differ in terms of the level of Women’s Advancement Outcomes, Knowledge Assets & Financial Access, and Supporting Entrepreneurial Factors.
So, while South Africa has made progress in reducing the gender bias for women…