Forum Supports Women-Led SME Growth in Kenya
Home » Africa » Forum Supports Women-Led SME Growth in Kenya
Women Choice, an international organization promoting sustainable initiatives for women, hosted a high-impact forum in Kenya. The event was titled Driving Growth for Women-Led SMEs in Kenya . It aimed to promote inclusive economic transformation through the empowerment of women entrepreneurs.
The forum was held under the theme Scaling Women-Led SMEs: Opportunities, Challenges & Strategic Growth . Organizers reported that it brought together 45 changemakers, including women entrepreneurs, business leaders, and ecosystem enablers.
Participants gathered to discuss issues affecting the growth of women-led enterprises. They highlighted barriers such as limited access to finance, regulatory challenges, and the need for alternative funding models. Currently, only 7% of women-owned MSMEs in Kenya have formal access to financing.
The event explored microfinance, grants, and other options as possible solutions.
Nezha Aloui, CEO of Women Choice, reaffirmed the organization's mission to accelerate the success of women founders through strategic partnerships. She stated, 'This forum is not a destination, it's a blueprint for unlocking greatness.'
Aloui emphasized that women-led SMEs are essential to Kenya's prosperity. She added that the forum marked the start of a long-term, action-driven agenda.
Throughout the panel discussions, speakers called for intentional inclusion in policy, mentorship, and procurement opportunities. They also stressed the importance of digital innovation and strong community networks. Susan Situma from Africa Enterprise Challenge Fund advised entrepreneurs to seek value-aligned funding.
She encouraged them to research their sectors, join relevant networks, and structure their businesses for growth.
Sheena Raikundalia, Chief Growth Officer at Kuza One, noted the importance of local insight and global relevance. She urged women to focus on solving real problems and building trust with customers.
Martine Billmann of Genetec highlighted cybersecurity as vital to sustainable business growth. She advised the use of secure platforms, zero-trust strategies, and adherence to global standards like GDPR.
Carolyne Tanui, from the Office of the Data Protection Commissioner, stressed the need for consistency and legal compliance. She explained that data protection is crucial for building trust and credibility, even for small businesses.
Mareva Koulamallah, CEO of Marevak Consulting, concluded that empowering women in entrepreneurship strengthens both the economy and the community. 'The math is simple, the impact is exponential,' she said.
The forum revealed the urgent need for collaboration to support women-led businesses in Kenya. Organizers reported that the discussions marked a significant step toward creating a more inclusive and sustainable SME ecosystem.
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Forum Supports Women-Led SME Growth in Kenya
Home » Africa » Forum Supports Women-Led SME Growth in Kenya Women Choice, an international organization promoting sustainable initiatives for women, hosted a high-impact forum in Kenya. The event was titled Driving Growth for Women-Led SMEs in Kenya . It aimed to promote inclusive economic transformation through the empowerment of women entrepreneurs. The forum was held under the theme Scaling Women-Led SMEs: Opportunities, Challenges & Strategic Growth . Organizers reported that it brought together 45 changemakers, including women entrepreneurs, business leaders, and ecosystem enablers. Participants gathered to discuss issues affecting the growth of women-led enterprises. They highlighted barriers such as limited access to finance, regulatory challenges, and the need for alternative funding models. Currently, only 7% of women-owned MSMEs in Kenya have formal access to financing. The event explored microfinance, grants, and other options as possible solutions. Nezha Aloui, CEO of Women Choice, reaffirmed the organization's mission to accelerate the success of women founders through strategic partnerships. She stated, 'This forum is not a destination, it's a blueprint for unlocking greatness.' Aloui emphasized that women-led SMEs are essential to Kenya's prosperity. She added that the forum marked the start of a long-term, action-driven agenda. Throughout the panel discussions, speakers called for intentional inclusion in policy, mentorship, and procurement opportunities. They also stressed the importance of digital innovation and strong community networks. Susan Situma from Africa Enterprise Challenge Fund advised entrepreneurs to seek value-aligned funding. She encouraged them to research their sectors, join relevant networks, and structure their businesses for growth. Sheena Raikundalia, Chief Growth Officer at Kuza One, noted the importance of local insight and global relevance. She urged women to focus on solving real problems and building trust with customers. Martine Billmann of Genetec highlighted cybersecurity as vital to sustainable business growth. She advised the use of secure platforms, zero-trust strategies, and adherence to global standards like GDPR. Carolyne Tanui, from the Office of the Data Protection Commissioner, stressed the need for consistency and legal compliance. She explained that data protection is crucial for building trust and credibility, even for small businesses. Mareva Koulamallah, CEO of Marevak Consulting, concluded that empowering women in entrepreneurship strengthens both the economy and the community. 'The math is simple, the impact is exponential,' she said. The forum revealed the urgent need for collaboration to support women-led businesses in Kenya. Organizers reported that the discussions marked a significant step toward creating a more inclusive and sustainable SME ecosystem.
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