Description
A groundbreaking initiative aimed at propelling women-led businesses in Africa to new heights has been launched. The Khalil Suleiman Halilu (KSH) Foundation, in partnership with Tomorrow Foundation and EHA Impact Ventures, has unveiled Her-Startup, a comprehensive program designed to empower female entrepreneurs across the continent.
The launch took place during a virtual conference focused on the challenges faced by women founders in securing funding. This platform provided a critical space to discuss the obstacles hindering women’s entrepreneurial journeys and to highlight the importance of initiatives like Her-Startup.
Khalil Halilu, Founder of the KSH Foundation, emphasized the program’s significance in driving Africa’s economic growth. “By empowering women entrepreneurs, we are investing in the future of our continent,” he stated. Halilu underscored the potential of Her-Startup to contribute substantially to Africa’s GDP, citing a McKinsey report that estimates women’s entrepreneurship could add $316 billion to the continent’s economy by 2025.
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Her-Startup offers a holistic approach to supporting women entrepreneurs, providing a range of services including mentorship, capacity building, networking opportunities, and access to finance. The program is designed to address the unique challenges faced by women in business, such as access to capital, market entry, and leadership development. By fostering a supportive ecosystem for women entrepreneurs, Her-Startup aims to create a ripple effect of economic empowerment. The initiative is expected to contribute to job creation, poverty reduction, and increased financial inclusion for women across Africa.
“We believe that by investing in women entrepreneurs, we are not only creating successful businesses but also building stronger communities,” from Tomorrow Foundation team. “Her-Startup is a testament to our commitment to empowering women and driving positive change.”
EHA Impact Ventures, a key partner in the initiative, will provide financial support and investment opportunities to Her-Startup participants. “We are excited to collaborate with KSH Foundation and Tomorrow Foundation on this important initiative,” from EHA Impact Ventures. “We believe in the power of women entrepreneurs to transform the African landscape.”
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Her-Startup is open to women entrepreneurs from all sectors and stages of business development. The program will provide participants with the tools, resources, and support needed to succeed. By combining the expertise and resources of three leading organizations, Her-Startup is poised to make a significant impact on the lives of women entrepreneurs and contribute to Africa’s economic growth and development.
