AFRICAN WOMXN HONOURS
With one out of every four persons on earth an African in 2050, Africa is very much at the centre of how the world is thinking about markets, consumption, production, and labour.
At the forefront of these considerations are women. The Mastercard Index of Women Entrepreneurs (2018) notes the high proportion of African women in the entrepreneurial field, with countries like Ghana and Uganda having some of the highest proportion of female entrepreneurs per country in the world. The female economy, according to McKinsey, is the world’s largest emerging market with the potential to add US$12 trillion to global GDP by 2025. The London Stock Exchange Group through its FTSE Women on Boards Leadership Index shows that companies with gender diversity on their boards perform better. Yet only 14 percent of board members in African are women, and despite remarkable achievements in various field by African women cultural norms encourage
that women stay in the background.
To acknowledge African women’s myriad achievements and to encourage them to step forward and to press on in their various fields of endeavour is crucial to Africa’s transformative agenda in this 21st century, if we are to make this the “African century.”