Global domestic value added – the portion of an exported good’s or service’s value generated within a country – totaled $15 trillion in 2020. Women contributed 40% of exported value in developed economies – twice the share in Africa, according to UN Trade and Development (UNCTAD).
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Empowering women is one of the smartest economic strategies the world is ignoring. We know this to be true through more than a decade of work at Women Entrepreneurs Grow Global.
Data shows that closing the gender gap in work could add $12 trillion to global GDP by 2025.
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Despite Taliban restrictions, Afghan women entrepreneurs are launching small businesses and cooperatives. However, they face struggles accessing capital. According to Reuters, 41% of surveyed female entrepreneurs rely on informal loans to finance their ventures and about 70% must have a male guardian to travel to market.
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According to Deloitte, charting the next phase of growth is global and women’s sports. Yes, you read that right. Women’s sports are growing by rewriting the playbook and doing things differently. Isn’t that always the case? The focus now moves beyond demonstrating potential to helping build a lasting legacy of success by delivering unique and tailored experiences.
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It’s always an honor to have our esteemed colleague, long-time small business journalist and small business advocate Rieva Lesonsky ask you to contribute to an article she is writing on trends in 2025. I [Laurel Delaney] jumped at the opportunity, so did fellow wegg® Board member and Founder/CEO of Infortal Worldwide Candice Tal – along with five other leading experts in business.
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Despite the documented positive impacts of women-owned businesses on economic growth and poverty reduction, a significant gap remains in understanding how international trade intersects with female participation, particularly in accessing trade finance. Hence, “Banking on Women Who Trade Across Borders” underscores the critical need for gender equality in international trade and trade finance.
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Disaggregated economic data is information about the economy broken down into categories such as race, gender, age and other variables. The Bureau of Labor Statistics didn’t make it possible to disaggregate employment data by both race and gender until 1972. So, how do economists find out what the economy looked like before disaggregated data?
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When women business owners are given opportunities to showcase their skills, sell their brands, and network for themselves and their dreams, success is what follows. Increasing the possibilities and chances for women founders across the world is one of our foundational building blocks, and wegg® aims to provide exposure and optimal advice for them every chance we get.
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It is always exciting and invigorating to be a global woman entrepreneur, and women entrepreneurs in India are spearheading an especially inspiring movement of startup companies right now. As more and more businesses across the country are established by women founders, the influence and power of their work become all the more impactful.
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Through a partnership between Mastercard, the U.S. Agency for International Development and Indian NGO Access Development Services, Renu – owners of a mom and pop convenience store in India – adopted QR-based digital payments at her kirana, giving digital-savvy customers more choice and boosting sales.
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