Business leaders across Africa have emphasized actionable strategies to help small and medium enterprises (SMEs) scale, create jobs, and drive economic growth across the continent. Speaking at the third edition of the IgniteHER conference, organized by ImpactHER in partnership with the African Union, experts highlighted ways for female entrepreneurs to strengthen their businesses and access institutional funding. This year’s conference drew 6,165 participants from 61 countries, demonstrating the growing interest in empowering women-led ventures.
ImpactHER’s founder, Efe Ukala, expressed her appreciation for the female business owners attending the event and stressed the importance of building scalable systems. “Entrepreneurs need structures that allow them to delegate, create efficiency, and grow sustainably,” Ukala noted. The conference’s goal is to transform African women entrepreneurs into market leaders by providing training, mentorship, and networking opportunities with investors.
In her keynote, Dr. Vumile Msweli, founder of the Hesed Africa Foundation in South Africa, urged women to develop operational systems that allow businesses to thrive independently. “If your business cannot survive a week without you, you are not an entrepreneur; you are self-employed,” Dr. Msweli said. She emphasized that a strong system is the foundation of long-term business growth and resilience.
Dr. Lelemba Phiri, co-founder and partner at ATG Samata, highlighted innovative ways for women entrepreneurs to secure funding. She encouraged attendees to position themselves as business partners rather than fund seekers and to maintain a visible online presence. “Your visibility is non-negotiable. Let people know who you are and what your business does,” Phiri advised, underscoring the importance of marketing and credibility in unlocking capital.
Panel sessions and speakers explored the use of technology, AI, and operational excellence to scale women-led businesses. Participants also heard inspirational success stories from trailblazing female entrepreneurs, reinforcing that strategic planning, innovation, and mentorship can transform African SMEs. ImpactHER, founded in 2017, continues to tackle the gender financing gap, supporting women entrepreneurs in accessing resources and investment critical for growth.
source: punch