Rise of women entrepreneurs in developing countries

A case of sub-Saharan Africa


Essay, 2015

5 Pages


Abstract or Introduction

It has been repeatedly documented that the rise of women’s entrepreneurship in developing countries has hit a record high over the past decade. This article examines the direct and indirect causes of the rapid growth of women entrepreneurs in developing countries. Light is also shed on significant challenges to faster growth of female entrepreneurship and key factors to sustain this positive trend are proposed.

Sub-Saharan Africa (SSA) is currently the second fastest growing region of the world after Asia. Two publications (McKinsey Global Institute, 2010 and The Economist, 2011) highlighted the positive prospects of African economies driven by a rise in entrepreneurial activity. This renewed interest in Africa calls for action from management scholars.

This article examines this growth from the perspective of women entrepreneurs who currently occupy larger statistics compared to the entire history of Africa as a continent. Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers.These include hair salon owners, high-tech visionaries and everything in between, all making critical economic contributions.

Details

Title
Rise of women entrepreneurs in developing countries
Subtitle
A case of sub-Saharan Africa
Author
Year
2015
Pages
5
Catalog Number
V293763
ISBN (eBook)
9783656916437
ISBN (Book)
9783656916444
File size
387 KB
Language
English
Keywords
women, business, Africa, money, development, Uganda, huda, siraje, nabukeera, Mustafa, Bahiga, 4th
Quote paper
Nabukeera Huda Siraje (Author), 2015, Rise of women entrepreneurs in developing countries, Munich, GRIN Verlag, https://www.grin.com/document/293763

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