Why it MATTERS
Small businesses are a vital source of employment and livelihood in Africa, with over 80% of firms and 60% to 70% of employment being generated by these enterprises. However, despite their importance, small businesses face significant challenges, with over 70% of them failing within the first five years due to factors such as low sales/revenue, informal operations, and lack of data/records. Women and youth-owned small businesses are particularly vulnerable, with three times the likelihood of closure compared to others.
At Biashara Africa, we are committed to addressing these challenges by empowering women and youth-owned small businesses to access markets and financing. Through our efforts, we aim to create sustainable livelihoods and generate employment opportunities, reducing the vulnerability of these businesses and contributing to the growth of our economy.
To create sustainable livelihoods and job opportunities in Africa by enabling women & youth-owned small businesses to grow and create wealth.
We are committed to creating sustainable livelihoods and job opportunities for these entrepreneurs, contributing to the economic development and prosperity of our communities. Through our support, resources, and policy efforts, we aim to unlock the potential of these underserved businesses, enabling them to create wealth, increase their competitiveness, and drive innovation.
By fostering an inclusive and supportive environment, we strive to create a vibrant ecosystem that empowers women and youth-owned small businesses to achieve their full potential and make a positive impact on society.
To empower African women and youth-owned small businesses by championing digital and financial inclusion.
We are dedicated to providing these underserved businesses with the tools, resources, and policy support they need to thrive in the digital age. Through our initiatives, we aim to bridge the digital divide, increase access to financial services, and equip entrepreneurs with the knowledge and skills necessary to succeed in today's competitive business landscape.
By fostering an inclusive and supportive environment, we strive to create opportunities for growth, economic empowerment, and sustainable development for African women and youth-owned small businesses.
Integrity, Innovation, Community and Sustainability.
Our core values serve as the foundation of our organization, shaping our decisions, actions, and the positive change we aim to create in the small business ecosystem.
We are committed to:
🤝 Integrity: We uphold high ethical standards, ensuring transparency, honesty, and fairness in all our interactions with small businesses, partners, and stakeholders.
Innovation: We are constantly seeking new and creative ways to support small businesses, embracing change and adapting to the evolving needs of entrepreneurs.
Community: We believe in the power of community and collaboration in driving the success of small businesses. We foster an inclusive and supportive environment that encourages entrepreneurship and innovation.
Sustainability: We are committed to promoting sustainable practices and solutions that have a positive impact on the environment and contribute to the long-term success and resilience of small businesses.
Our contribution to SDGs
SDG 1: No Poverty - By enabling women and youth-owned small businesses to access markets and financing, we aim to alleviate poverty and promote economic empowerment.
SDG 5: Gender Equality - We prioritize supporting women-owned businesses, promoting gender equality, and empowering women entrepreneurs to succeed and thrive in the business world.
SDG 8: Decent Work and Economic Growth - Our efforts aim to create sustainable livelihoods and employment opportunities, fostering economic growth and promoting decent work for all.
SDG 9: Industry, Innovation, and Infrastructure - We facilitate access to markets and financing, promoting innovation and strengthening the infrastructure necessary for the growth and success of small businesses.
SDG 10: Reduced Inequalities - By focusing on assisting women and youth-owned small businesses, we aim to reduce inequalities and create a more inclusive and equitable business environment.
SDG 13: Climate Action - we provide resources and guidance to help women and youth-owned small businesses build climate resilience, enabling them to adapt to the changing environment and mitigate potential risks; encourage and support in adopting sustainable practices, and facilitating access to green financing.