Our C.E.O had the privilege of speaking at the The Women Entrepreneurship Conference organized by the Ministry of Business Development on the theme ‘Unleashing Women Entrepreneurship for Inclusive Growth’.
The Conference was held to recognize the contribution of women to the socioeconomic development of the country and to bring to the fore the contribution of Ghanaian women entrepreneurs.The program was moderated by the always amazing Anita Erskine.The keynote address was given by the Second Lady of the Republic of Ghana, Hajia Samira Bawumia.
In her keynote address she said “It is a well-known fact that women are very active participants in the growth of economies across sub-Saharan Africa. There is considerable evidence that most businesses in Africa are owned and ran by women, but these businesses are more likely to be small-scale enterprises in the informal sector. Women engage in low-value-added activities that only reap marginal benefits, primarily because they are entrepreneurs out of necessity and not of opportunity,” About 80% of women in Ghana are engaged in various economic activities, and predominantly operate in the small to medium scale sectors of the economy. The Ghana Statistical Service estimates that women make up 50.5% of the labour force. The Statistical Service further reports in the Ghana Living Standards Survey (2014) that the formal sector employs about 6.2% of women; 3.3% in the public sector and 2.9% in the private sector.