When you look at the number of business owners per country across the globe, Ghana has the highest percentage of women-owned businesses. That is according to the Mastercard index of Women’s Entrepreneurship (MIWE).
MIWE uses weighted index to come up with this global ranking of percentage for each gender per country. The purpose of counting the number of businesses owned by each gender is to paint a clear picture of the gender gap in business for any given country.
The MIWE research has concluded that Ghana has the highest percentage of businesses owned by women. The West African nation has 46.4 percent of the businesses owned by women; beating even countries that would prejudicially be thought to be leading like the U.S., U.K. Switzerland and the other western countries in general.
The East African country, Uganda, comes in third place worldwide with women-owned businesses accounting to 33.8 percent.
Ghana and Nigeria also scored well in the advanced outcomes category, with scores of 62.4 and 59.1 percent respectively. The African continent scored well generally with regards to the number of women in the labor force. The top three African countries are:
|Country||Advanced outcomes category score (%)|
When it comes to sharing knowledge, then South Africa excels more than any other country on the continent with a score of 84.3 percent. Botswana came in hot on the heels of South Africa with a score of 73 percent.
“Botswana, South Africa, Ghana, and Uganda shine as examples of women’s determination to provide for themselves and their families and Africa excels at creating strong women entrepreneurs with the drive to succeed even in the face of financial, regulatory, or technical constraints,” said Beatrice Cornacchia, the head of marketing and communications for Mastercard Middle East and Africa.