Good Morning Africa
Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.
Good Morning Africa
Social Enterprises: Africa’s Quiet Engine of Growth
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The African Trade Report 2025 shows that social enterprises are a core part of Africa’s economy. Across the continent, there are over 2.18 million social enterprises creating tens of millions of jobs and contributing up to 3% of Africa’s GDP.
What stands out is who is driving this growth. Nearly half of these enterprises are led by women, and a third by young people. These leaders are not just building businesses, they are creating jobs for women and youth in their communities.
The report also highlights a major challenge. More than 55% of social enterprises struggle to access financing, caught in a middle funding gap. Unlocking patient, flexible capital and supportive policies will be critical if Africa is to fully harness the power of social enterprises.