Eliminating Gender Disparities in Business Performance in Africa: Supporting Women-Owned Firms

0
463
Eliminating Gender Disparities in Business Performance in Africa: Supporting Women-Owned Firms
Eliminating Gender Disparities in Business Performance in Africa: Supporting Women-Owned Firms

According to a new World Bank report, women entrepreneurs make or are obliged to make different decisions than men because of gender-specific constraints.

As a result, the report notes that, on average, women-owned firms post profits that are 34 % lower than male owned firms, and have fewer employees and lower sales.

The report identifies strategies to address these constraints, including psychology-based skills development programs to encourage more entrepreneurial mindsets, supporting women with savings mechanisms and providing large capital grants as part of business plan competitions.

CENTER FOR AFRICAN STUDIES

Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.

AFRICA OBSERVATORY

Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.



Photo Source