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Business Daily

Why female led startups stall in Sub-Saharan Africa

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 6 May 2026

⏱️ 18 minutes

🧾️ Download transcript

Summary

Sub-Saharan Africa has the highest rate of entrepreneurship in the world, according to the World Bank, and most founders there are women. Why, then, do so many of those startups fail to grow? We look at why many female entrepreneurs struggle to access investment and ask three business leaders what might change that.

If you'd like to get in touch with the team, our email address is businessdaily@bbc.co.uk

Presenter: Will Bain Producer: Ahmed Adan

(Picture: Worker and partner with data analytics, charts and graphs paperwork. Credit: Getty Images)

Transcript

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0:00.0

BBC Sounds, Music, Radio, podcasts.

0:07.6

Hello and welcome to Business Daily on the BBC World Service. I'm Will Bain. Today, how to supercharge

0:14.4

startups in Sub-Saharan Africa. Nothing is as powerful as an idea whose time has come. I started this idea with $30.

0:23.6

The region has the highest rate of entrepreneurship in the world, but many of those businesses run into the same issue.

0:30.4

I wouldn't say it's easy to raise money, it's not, because again, you have to prove the case.

0:35.6

There are down days where you feel like you want to give up, but you remember why you're doing this.

0:40.1

70% of my workforce are women and people always encourage.

0:43.6

Madam, we have to keep going.

0:45.5

And that problem is exacerbated for the estimated 20 to 25% of those businesses that are set up by women.

0:53.8

So today on Business Daily, we're asking

0:55.8

how to get more cash to Africa's female entrepreneurs.

1:03.3

The big trigger happened when President Obama and his wife came in Dakar, Senegal.

1:08.4

Entrepreneurship can sound daunting as it hides behind a slightly fancy term,

1:13.2

but really it's having a great idea and turning that light bulb moment into a business.

1:18.5

And as our panel today, including the Senegalese fashion designer Safa Tussi,

1:22.6

you heard from there will explain, that idea can come from anywhere,

1:26.8

including, as it turns out, a passing compliment

1:29.6

from a former US First Lady. The stats back it up. According to the World Bank, sub-Saharan

1:35.3

Africa has the highest rate of entrepreneurship in the world, with around 42% of the non-agricultural

1:41.5

labour force classified as self-employed or employers. Yet the development

1:45.7

organisation warns most entrepreneurs are unable to grow their businesses beyond small-scale

1:51.1

subsistence operations, often because of an inability to access to private or state investment

...

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