Ghana has emerged top as the country with more women owning businesses compared to 57 other countries globally, a Mastercard Index of Women’s Entrepreneurship (MIWE) revealed.
At 46.4 percent, Ghana has the highest rate of women–owned businesses in the world ranking higher than Russia 34.6% and Uganda came in third, with 33.8 percent of its businesses being owned by women, according to the Index.
The index also revealed that the rise of women in entrepreneurship is not necessarily associated with the pace of their country’s wealth and economic development. The second edition of Mastercard Index of Women’s Entrepreneurship (MIWE) disclosed that some of the least wealthy and developed economies.
There are 3 factors that accounted for this. i.e Women\’s Advancement Outcomes, Access to Knowledge and Financial Services, and Supporting Entrepreneurial Factors.
