According to the Worldbank, contrary to what some may expect, Africa is the only continent where females are more likely than males to choose to become entrepreneurs.
While it is true that both male and female entrepreneurs face many constraints, women typically, in addition to other constraints, have less access to startup capital than their male counterparts. These constraints impede the growth of their businesses due to fear of failure.
Additionally, as a result of social exclusion and preconceived notions about the role of women in society, female-owned businesses often have relatively small workforces. Though Africa is known to foster female-owned enterprises, changing this status quo in a place like Africa, first requires learning what is needed to empower female entrepreneurs.
Though in spite of many research reports supporting the statements above, it is not uncommon to find people who may argue against documented facts.