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Women in Business in Africa

According to research from the research company, TaiwanPlus, Angola has the highest percentage of women-owned businesses globally. 35% of Angolan women own a business, Guatemala was in second place (24.9%). Interestingly, only 9.9% of these women own established businesses. The rest (25.1%) own early-stage businesses. Togo ranks 4th among African countries for “fearless” women in business, and 15th globally. But it ranks first globally for the percentage of “confident” women. According to data from Global Entrepreneurship Monitor, 92.6% of Togolese women believe that they have the required knowledge, skills and experience to start a business. Burkina Faso has the global third-highest percentage of women who own businesses. One of the reasons is that it has the world’s 4th-highest percentage of women who are confident that they have enough skill, knowledge and experience to start a business (82%).

Alastair Tempest

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