The African Network of Entrepreneurs (TANOE) through its flagship network WomanRising has launched the 1000 Women Entrepreneurs’ Initiative (1000WEI) aimed at discovering, profiling, empowering, equipping, supporting & celebrating a thousand women entrepreneurs in their quest to build thriving businesses, create wealth, provide sustainable employment, alleviate poverty and contribute substantially to economic growth in Ghana in particular and Africa in general.
According to the 2nd Edition of the Mastercard Index on Women’s Entrepreneurship (MIWE), Ghana has 46.4 percent of businesses in the country owned by women, making it the highest percentage anywhere in the world. Women entrepreneurs are the mainstay of economic growth and instruments of development and financial inclusion in Africa. As a result, a focus on the growth and sustainability of women-owned businesses directly affects the health and growth of the Ghanaian Economy.
Generally, women entrepreneurs are passionate and determined to succeed in their businesses mostly as a source of support for themselves and their families. Regardless of the numerous financial, technical, cultural and regulatory challenges they face, most are able to sustain their businesses and take care of their other family-related obligations.
In a statement released by the CEO of TANOE, Mr. Ekow Mensah, he stated that this is an ambitious undertaking by his organisation but certainly a project that they are very passionate about and will ensure its success in Ghana and across the African continent. He further stated that they are excited this project presents them the opportunity to collaborate with various stakeholders in the business development and women economic empowerment space in Ghana and other parts of the world to ensure access to relevant information, support and opportunities for the women entrepreneurs in the database.
Asked why the goal of ensuring women entrepreneurs identified on the program commit to making an annual revenue of 1 Million Ghana Cedis is paramount on the agenda, he said that Africa can certainly benefit from more female millionaires. He further stated that women do more with very limited resources, so an initiative that aims to ensure women have access to more resources will only enhance the good that women already do in the home, the society and the economy.
The 1000 Women Entrepreneurs Initiative is indeed a giant step in the right direction and will greatly enhance the capacities of women entrepreneurs, ensure the consistent growth of their enterprises, guarantee sustainability, create wealth and jobs and power up the economy.
Interested Women Entrepreneurs can read more and sign up here www.womanrising.org/1000wei