Women in African entrepreneurship are not a new story. African women have been trading, farming, selling, building, and leading businesses for centuries. What is new, in 2025, is the scale — and the growing recognition that if Africa wants to build a strong, inclusive economy, it cannot afford to ignore the force that is already powering it. In Sub-Saharan Africa,…

Before you start reading this publication, it is important to emphasize that this research is…
This report was compiled by the MOHAC AFRICA research team using primary data from the…
When our research team at MOHAC AFRICA started pulling numbers for this report, one figure stopped us for a moment: agriculture's share of Africa's GDP has actually fallen. It dropped to 17% in 2025, down from 18% in 2020, according to the African Development Bank's Annual Development Effectiveness Review 2026.…
Every year, African small businesses are short-changed by $331 billion. That is not a projection. It is the current annual financing gap for small and medium enterprises across the continent, according to the African Development Bank and the World Bank. SMEs make up roughly 95 percent of all businesses in…
Every year, thousands of African founders build something worth funding. Most of them never get past this stage. Seed funding for African startups seems to be a bottle-neck for most founders in Africa. Research and report from other sources gives more in-between analysis to some of our findings. At MOHAC…
Every morning across Africa, a woman wakes up before dawn to open her small food stall. She has loyal customers. She has a product people genuinely need. What she does not have is a loan to buy a larger freezer, stock more goods, or hire one extra hand to help…
I want to open with something we have discovered over time. Over the past few years, our research team at MOHAC AFRICA has sat across young founders in Lagos, Nairobi, Accra and other parts of Africa, who built real businesses with little more than a smartphone, a market gap, and…
Our research team at MOHAC AFRICA spends a lot of time talking to Nigerians about money. Not through surveys, but in real conversations. A few months ago, one of our researchers sat with a 29-year-old graphic designer in Lagos who said something we have not been able to forget: "My…

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