ACCA: Women in finance across Africa increasingly eye entrepreneurship – survey

<p><strong>Jamil Ampomah&comma; Director for Africa at Association of Chartered Certified Accountants &lpar;ACCA&rpar;&comma; says a growing number of women in finance and accountancy across the continent are increasingly turning to entrepreneurship as a pathway to innovation&comma; independence and economic impact&period;<&sol;strong><&sol;p>&NewLine;<p>Speaking ahead of International Women’s Day 2026&comma; Ampomah said the shift reflects how professional accounting skills are becoming a powerful launchpad for business ownership among women&comma; particularly younger professionals&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The drive towards entrepreneurship across the region is especially evident among younger finance professionals&comma;” Ampomah said&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;They see accountancy as more than a technical discipline&semi; it is a launchpad for innovation&comma; independence&comma; and impact&period;”<&sol;p>&NewLine;<p>He added that while more progress is still needed to achieve gender parity&comma; current trends suggest that the profession is increasingly helping to unlock entrepreneurial potential at scale&period;<&sol;p>&NewLine;<p>Ampomah’s remarks come as ACCA released early findings from its forthcoming Global Talent Trends 2026 report&comma; which indicates that women’s entrepreneurial ambitions are rising worldwide&period;<&sol;p>&NewLine;<p>According to the survey of more than 11&comma;000 finance professionals across 175 countries&comma; about 84&percnt; of women working in finance and accountancy now aspire to become entrepreneurs&comma; up from 77&percnt; in the previous year&period;<&sol;p>&NewLine;<p>The findings suggest growing confidence among women in leveraging finance and accounting expertise to build their own enterprises&period;<&sol;p>&NewLine;<p>Africa already leads globally in female entrepreneurship&period; Studies indicate that roughly one in four adult women on the continent runs a business&comma; representing about 25–26&percnt; of women&comma; the highest rate globally&period;<&sol;p>&NewLine;<p>Across Sub-Saharan Africa&comma; about 20&percnt; of working-age women are involved in entrepreneurial activity&comma; while women account for roughly 58&percnt; of the self-employed population&comma; a proportion higher than any other region in the world&period;<&sol;p>&NewLine;<p>Despite these gains&comma; women entrepreneurs still face major challenges in accessing finance&period; Women-owned small businesses are estimated to face a &dollar;1&period;7 trillion global credit gap&comma; while nearly 700 million women worldwide remain underserved by the financial sector&period;<&sol;p>&NewLine;<p>Chief Executive of ACCA&comma; Helen Brand&comma; said the rise in entrepreneurial ambition signals the growing economic empowerment of women through professional training&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Entrepreneurship represents economic empowerment in action&comma;” Brand said&period; &OpenCurlyDoubleQuote;Finance and accountancy skills are equipping women not only to lead within organisations&comma; but also to build enterprises of their own&period;”<&sol;p>&NewLine;<p>She noted that accounting offers a strong foundation for business success because it combines financial expertise with governance&comma; risk management&comma; technology and strategic insight&period;<&sol;p>&NewLine;<p>Brand stressed that supporting women to turn entrepreneurial ambition into viable businesses is essential not only for gender equality but also for broader economic growth&period;<&sol;p>&NewLine;<p>The report further shows that more than half of finance professionals believe their accounting background provides a strong advantage for entrepreneurial careers&period;<&sol;p>&NewLine;<p>Ambitions are particularly strong among Generation Z and Millennial professionals&semi; many of whom say they aspire to launch their own businesses in the future&period;<&sol;p>&NewLine;<p>The findings also reflect a broader transformation within the accountancy profession&comma; with many professionals seeking careers aligned with purpose&comma; social impact&comma; environmental sustainability and greater personal autonomy&period;<&sol;p>&NewLine;<p>This year’s observance of International Women’s Day is held under the theme &OpenCurlyDoubleQuote;Rights&period; Justice&period; Action&period; For ALL women and girls&period;”<&sol;p>&NewLine;<p>ACCA said empowering women entrepreneurs globally could significantly boost economic development through increased job creation&comma; innovation and productivity&period;<&sol;p>&NewLine;<p>Founded in 1904&comma; ACCA is a global professional accountancy body supporting more than 257&comma;900 members and 530&comma;100 future members across 180 countries&comma; providing qualifications and insights aimed at strengthening ethical and sustainable finance leadership worldwide&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><em>By Joseph Kobla Wemakor <&sol;em><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Human Rights Reporters:

This website uses cookies.