Sanae Hanine

University Hassan Premier, Morocco

Title: Leadership of African women in wealth creation

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Biography

Abstract

Today, female entrepreneurship presents itself as a strategic axis enabling the economic and social development of countries. OECD reports confirm that female entrepreneurship is a significant source of economic growth but remains insufficiently exploited. According to astudy by WIA Philanthropy, a quarter of African women of working age are entrepreneurs and are, according to experts, responsible for 65% of the continent's wealth. Women pillar of the African economy who display the highest percentage of female entrepreneurs in the world. According to the 2016/17 Global Entrepreneurship Monitor (GEM) report, the rate of female entrepreneurship in sub-Saharan Africa reaches 25.9% of the adult female population, meaning that in Africa, one in four women launch or manage a business. The contribution of young women (aged under 35) to the continent's GDP stood at 11% in 2022, or $340 billion out of a total GDP of $3,093 billion. This study revealed that more than half of micro, small and medium enterprises (MSMEs) are owned by women. According to Roland Berger's study on female entrepreneurship in Africa, the rate of entrepreneurial activity of women in Africa is the highest with (24%) among the 316 million women aged 18 to 64 on the continent. . For 2016, this study estimates the total GDP value created by women's entrepreneurship in Africa at between $150 billion and $200 billion, or approximately 7% to 9% of African GDP. 

In our intervention we will focus on how the leadership of African women is transforming the continent. While emphasizing the characteristics of the African entrepreneur and the obstacles that slow down her momentum.