Audio By Carbonatix
The Chief Executive Officer of the Ghana Export-Import Bank, Sylvester Adinam Mensah, has highlighted Africa’s strong record in female entrepreneurship, describing it as evidence of capacity, resilience and leadership among women on the continent.
Speaking at the 2026 Ghana Female CEOs Summit in Accra on Thursday, May 7, he noted that Africa records the highest rate of female entrepreneurs globally, with nearly one in four businesses owned or led by women.
“Africa has the highest rate of female entrepreneurs, and nearly one in four businesses on this continent is owned or led by a woman. This is not a coincidence; this is capacity, this is resilience, this is leadership,” he said.
Mr Mensah explained that the growing presence of women in business reflects their determination and ability to drive enterprise growth, despite structural constraints.
However, he expressed concern that many women continue to earn less and struggle to scale their businesses due to limited access to funding, markets and other critical opportunities.
"Despite these achievements, women-led businesses continue to earn significantly less than those owned by men, not due to lack of competence but due to unequal access. Access to finance, access to market, access to opportunity."
He called for stronger and more coordinated support systems to empower women-led enterprises across Africa, stressing that addressing these gaps is essential for inclusive economic development and sustainable growth on the continent.
Latest Stories
-
France-Africa summit to showcase renewed partnership and future-focused collaboration
25 seconds -
The avoidable death of Charles Amissah: A national indictment of Ghana’s emergency care system
3 minutes -
Parts of Keta submerged after hours of heavy downpour
3 minutes -
Gov’t proposes dedicated TVET Fund to drive Ghana’s skills-based economy
5 minutes -
Bank of Ghana working to close gap in credit access – Matilda Asante-Asiedu
14 minutes -
Young Ghanaian author channels book sales into community water project
17 minutes -
Britons on hantavirus cruise ship face 45 days of self-isolation
17 minutes -
One collapses and dies as police arrest robbery suspects in Bolgatanga
21 minutes -
BoG urges banks to back women-led businesses with affordable credit
26 minutes -
Charles Amissah case should not focus only on doctors – Dr Eli Atukpu
27 minutes -
Allied Health Professions Council cautions UDS over serious academic irregularities at Ghana Christian University College
32 minutes -
From sewing to the spotlight: MC Too Cute opens up on motherhood and dreams
40 minutes -
Resign if you are tired – Parliament’s health commitee tells medical professionals after Charles Amissah death probe
46 minutes -
AAK calls for stronger regional alignment to unlock West Africa’s shea potential
48 minutes -
Ghanaian bags $20,000 Stanford Impact Prize
56 minutes