Access to funding is one of the biggest barriers for women who want to start or scale up their business.

In her most recent thought leadership piece, entitled ‘How Women’s Growing Financial Power Is Unlocking Wealth‘, Dr Rufaro Mucheka, Jersey Finance’s Business Development Consultant, discusses how international finance centres (IFCs), like Jersey, can support women overcoming the challenges of capital raising in Africa.

The thought leadership article highlights:

  • Women currently hold 32 (6.4%) of the CEO positions at companies on the S&P 500 list
  • 90% of women who lost their jobs during the pandemic did not return to work
  • Only 2.5% of venture capital funding across Africa went to women founded or co-founded startups

With more than 20 years of experience in wealth management across Southern and West Africa, Dr Rufaro Mucheka believes that Africa can make huge strides in achieving equal opportunities and increasing the financial inclusion of women. To further your understanding how IFC’s are facilitating growth of financial power for African women, read the full article.

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African Women Closing the Wealth Gap
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