DealMakers AFRICA Q2 2024

Marylou Greig

Editor

Empowering African women in the workplace requires a multifaceted approach that addresses educational barriers, economic challenges, workplace policies, and societal attitudes. By implementing comprehensive strategies and
fostering a supportive environment, Africa can unlock the full potential of its female workforce, leading to more inclusive and sustainable economic growth and development.

According to analysis conducted by the World Bank, closing the gender gap (in terms of the ratio of men to women in employment) by employing more women could boost global GDP by as much as 20%. According to an article which appeared in the Business Day, authored by Nicholas Shubitz, setting aside cultural factors, it is female labour market participation that most strongly correlates with national income.

Poorer countries tend to have fewer women in the workforce. The correlation with national income also suggests countries that employ more women have a higher national income, as economies with higher labour participation rates are more productive.

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The statistics of sub-Saharan Africa are impressive, relative to its Western counterparts. Despite low national incomes and high unemployment, African countries have relatively high female workforce participation rates. Tanzania and Mozambique, for example, have rates approaching 80%.

In the wise words of American memoirist, poet, and civil rights activist Maya Angelou, “I’m not sure if resilience is ever achieved alone. Experience allows us to learn from example. But if we have someone who loves us – I don’t mean who indulges us, but who loves us enough to be on our side – then it’s easier to grow resilience, to grow belief in self, to grow self-esteem. And it’s self-esteem that allows a person to stand up.”

The purpose of this feature is to offer inspiration, not only to young women who may be considering entering this industry, but to all women, to give them courage where needed, and the realisation that they are not alone; that there are others who have walked a similar path. These leading women have inspiring stories to tell, and offer invaluable counsel: hard work, resolve and sheer determination are key, and so too is the need to believe in yourself and accept support and advice when offered.