Africa: women entrepreneurs index by country 2021

Botswana was the leading African country for favoring women's entrepreneurship in 2021. In the Mastercard Index of Women Entrepreneurs (MIWE), the country scored 56.3 points and was followed by South Africa (54.9) and Ghana (51.1). According to the index, these nations not only have a high percentage of female-owned businesses but also formally support women entrepreneurs. Worldwide, male-owned businesses are prevalent in both developing and developed countries, with women often suffering from gender discrimination and burdening family responsibilities. Moreover, in developing nations, it is common to establish entrepreneurial activities out of necessity.

Leading African countries in the Mastercard Index of Women Entrepreneurs (MIWE) in 2021

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Release date

March 2022

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Region

Africa

Survey time period

2021

Supplementary notes

The source adds the following information:
"Drawing on data sources from leading academic institutions including ILO, GEM, World Bank, UNESCO, World Economic Forum (WEF), Inter Parliamentary Union and the OECD, Mastercard’s Index of Women Entrepreneurs examines the working environments of 58 economies, representing almost 80% of the world’s female representing labor force. Through a unique methodology – involving in-depth analysis across 12 indicators and 25 sub-indicators spanning Advancement Outcomes, Knowledge Assets & Financial Access, and Supporting Entrepreneurial Conditions – the index ranks each economy according to its performance over the past year. Aggregating these scores, the index can provide an overall grading of how successful individual economies are advancing female entrepreneurialism in comparison to their peers in pre-Covid conditions."

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