Tuesday
February 26
2019

Women own half the 1.3 million MSMEs in Kenya

By Njenda Hakeenah

Women are helping to run Kenya’s economy by controlling half the 1.3 million MSMEs in the East African investment hub.

According to the Kenya Bureau of Statistics, Kenya’s women contribute to 46.5 per cent of the labour force in a country where the poverty rate is at 34.8 per cent.

Kenya is ranked 14th overall in Africa on the African Development Bank’s AfDB 2015 Gender Equality Index (AfDB, 2015).

The country scored 0.719 out if the highest possible score of 1 at the Global Gender Gap Index 2015 of the World Economic Forum. Kenya was at position 48 out of 145 countries.

Photo courtesy of hodag.

Source: The Exchange Africa (link opens in a new window)

Categories
Entrepreneurship
Tags
emerging economy, entrepreneurship, gender gap, MSMEs, SMEs, Women