Scale-Up Women in Business Summit’s Post

AWE Session 7 : Formalizing your dream – Legal aspects, business types, and compliances The Academy for Women Entrepreneurs (AWE) program is thrilled to announce our guest speakers for the seventh session : Diariétou N'goné YOUM and Birane DIOUF from ADEPME OFFICIEL (Agence de Développement et d’Encadrement des Petites et Moyennes Entreprises). As we continue empowering dynamic young women to bring their entrepreneurial visions to life, this session focuses on an essential step : Formalizing your business. Diarietou and Birane, both experts in their domain, will guide participants through : ✅ The legal steps to register a business in Senegal. ✅ Exploring different business structures and identifying the best fit for one's goals. ✅ Understanding compliance obligations like taxes, permits, and labor laws. ✅ Reducing risks and building credibility through formalization. This session aims to inspire our participants to confidently take the next steps in their entrepreneurial journey while ensuring their businesses operate within the legal framework. Join us as we continue to unlock the potential of women entrepreneurs and provide them with tools to succeed! 🕒 Stay tuned for highlights! #AWE2024 #WomenEntrepreneurs #Empowerment #BusinessFormalization #ADEPME #Dakar

The European Union and Germany have launched the Women Entrepreneurship for Africa (WE4A) project to support female entrepreneurship, operating within the framework of green transformation in Senegal. Read more ⤵️ https://hubs.la/Q02vTKWt0 #ECPNews #Germany #Senegal #entrepreneurship

{WATCH} Financing 101 | Entrepreneurship is a vital part of South Africa’s business world, with small businesses providing essential employment opportunities and providing millions of people with viable livelihoods. For a number of reasons, including the fact that women have been found to reinvest more of their income into the health and education of their children and the community, women entrepreneurs need to be supported in achieving their goals. The latest Global Entrepreneurship Monitor (GEM) Women’s Entrepreneurship Report also found that women in countries like South Africa are among the most innovative and high growth entrepreneurs in the world. Despite the immense value that women entrepreneurs offer South African society at large, there is a US$42 billion gender funding gap that exists in sub-Saharan Africa, according to The Mastercard Index of Women Entrepreneurs. For this status quo to change, women need to be more resolute in their efforts to access funding, and to explore funding avenues that can meet their unique needs and are aligned to their businesses. At the back of International Women’s Day celebrated recently, these are 4 sources of financing for women entrepreneurs to consider: #BusinessFunding #Financing #WomenEntrepreneurs #WeAreBusinessPartners 🔶

Ministry of Commerce & Private Sector Outline 5 Key Strategies to Empower Cambodia’s Women SME Owners & Entrepreneurs in 2024 Key Points: 💼 Empowering Women Entrepreneurs: Focus on addressing challenges faced by women-led SMEs in finance, legal compliance, and digital adoption. 📈 Significant Contributions: Women represent 61% of businesses in Cambodia, driving innovation and economic growth. 🌐 Support Initiatives: E-commerce law, Go4eCam project, streamlined registration, and IP office bolster women entrepreneurs’ success. https://lnkd.in/gup-SUkt

Great post by Kristy. The only true way to ensure Indigenous procurement impact to eligible businesses, is if certified by the First Nation Procurement Organization. This year we will proceed down the path to fully launch. No amount of government programs on steroids will replace authentic businesses from being helped. #Indigenousbusinesses #indigenousprosperity ##indigenousprocurement

Federation of Women Entrepreneurs Kenya (FOWEK)-the #COMFWB_Kenya_Chapter explores new partnerships with #KEPSA - #Kenya_Private_Sector_Alliance ------------- 🌍 🇰🇪 Nairobi, KENYA – In a move that promises to 💪 empower women entrepreneurs and boost the Kenyan economy, the Federation of Women Entrepreneurs Kenya (FOWEK)- the #COMFWB_Kenya_Chapter recently met with representatives from #KEPSA -#Kenya_Private_Sector_Alliance to discuss potential partnerships ✅ 👉📌 One of the key areas of focus was the #JIINUE_GROWTH_PROGRAM, an innovative initiative aimed at supporting micro, small, and medium-sized enterprises (MSMEs), particularly those led by women and youth. The program offers both financial assistance and technical support, creating a nurturing environment for small businesses to flourish ✅ 👉📌 With the ambitious goal of reaching thousands of microenterprises and generating employment opportunities for young people across Kenya, the #JIINUE_GROWTH_PROGRAM is poised to revolutionize the entrepreneurial landscape ✅ 👉📌 The #COMFWB_Kenya_Chapter is thrilled about the prospects of this partnership, which could significantly benefit women entrepreneurs and MSMEs in the country. By working together, #COMFWB and #KEPSA can leverage their strengths to create a more inclusive and prosperous business environment for all ✅ #PartnershipForGrowth #WomenEntrepreneurs #MSMEEmpowerment #KEPSA

Tanzania's Female Business Leaders Gain Support from NMB Bank. NMB Bank Plc engaged with women entrepreneurs at the 48th Dar es Salaam International Trade Fair, where senior executives held discussions with members of the TANZANIA WOMEN CHAMBER OF COMMERCE (TWCC).  NMB Bank’s Company Secretary, Ms. Mwantumu Salimu, acknowledged the crucial role of women in Tanzania’s economic growth and emphasized the bank’s commitment to supporting female entrepreneurs. She encouraged TWCC members to utilize NMB’s comprehensive banking services, including financial education, loans, and insurance products tailored for businesses. Ms. Salimu highlighted the importance of financial tools like the Women Entrepreneur Platform and various loan opportunities to enhance economic growth. Tanzania Women Chamber of Commerce’s Executive Director, Ms. Mwajuma Hamza, expressed gratitude for NMB’s support, urging members to take advantage of the financial services offered to accelerate their business growth. Women in Tanzania have increasingly become pivotal in the business sector, with significant strides made in entrepreneurship. According to the World Bank's "Women, Business and the Law 2024" report, Tanzania scores relatively well in legal frameworks supporting women's economic empowerment, although there is room for improvement in supportive frameworks and expert opinions. Initiatives like NMB’s engagement at the DITF are essential in addressing these gaps and fostering a more inclusive economic environment for women entrepreneurs. Photo: 𝑀𝑒𝑚𝑏𝑒𝑟𝑠 𝑓𝑟𝑜𝑚 𝑡ℎ𝑒 𝑇𝑊𝐶𝐶 | 𝑇𝑊𝐶𝐶

Excited to share our publication "Towards Inclusive Entrepreneurship: Addressing Constraining and Contributing Factors for Women Entrepreneurs in South Africa," now available in Administrative Sciences. A heartfelt thank you to my colleagues Cecile Schultz and Mphoreng Magdeline Mmako for their invaluable collaboration. Our study highlights the pivotal role of women entrepreneurs in South Africa's economy and the challenges they face, including financial exclusion and societal norms. We propose actionable recommendations to enhance institutional support and create a more inclusive entrepreneurial ecosystem. Read our insights and recommendations: https://lnkd.in/dzxYKE5Q #Entrepreneurship #EconomicGrowth #WomenInBusiness

#AfricanWomen and #Entrepreneurship! The 77 percent interviewed a group of #Africanfemaleentrepreneurs at the #HumboldtForum in #Berlin. This informative interview explored the motivations, challenges and business tips offered by the young female business’ owners working across the continent. The reasons highlighted by the interviewed founders include financial independence and the wish to create sustainable solutions across Africa. Unfortunately, female entrepreneurs faces many challenges including accessing funding, completing the registration of their businesses, and entering the international market. Watch the full interview here: https://lnkd.in/eGPRmfM6 At ShEquity, we are committed to investing in female-led and owned businesses. Why? Because we know female entrepreneurs are Africa’s future and investing in them will benefit everyone. #smartinvesting #genderlensinvesting, #womenentrepreneurs #womensentrepreneurship #impactinvesting #smartinvesting

Youth entrepreneurship in Sub-Saharan Africa is a powerful driver of economic growth and societal change. However, financial barriers hinder young entrepreneurs, especially women, from expanding their businesses. Innovative financing solutions are urgently needed to support this vibrant sector. Here’s how targeted initiatives can help the next generation of African entrepreneurs: https://lnkd.in/ds7Vyp6p #FinancialInclusion #YouthEmpowerment #BusinessFightsPoverty