State of Social Enterprise Africa 2025

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Covering operational costs 58%578,000 full-time jobs created 93% employ youth 85% employ women 27% employ people with disabilities Formal/informalTop 3 financing needs Expanding products/services 65% Investing in equipment or infrastructure 47%70% of social enterprises were formally registered (198/281) 30% of social enterprises were not formally registered (83/281)97% of social enterprises plan to grow their businesses in the next year 54% Report low solvency 127, 20 0 social enterprises 41% (117 out of 284) of social enterprises surveyed in Ghana are youth-led 55% (155/281) social enterprises surveyed in Ghana are women-led Agriculture (22%) Education (16%) Food and beverage (10%) Food securityYouth Women Seed stage Start-up stage Growth stage Expansion stage Established stageGrowth stage 10% 43% 40% 3% 4%Ghana Current legal frameworks/policy status The legal and regulatory environment in Ghana does not currently provide a framework tailored to the unique needs of social enterprises. Under the Companies Act of 2019, organizations can register only as companies limited either by shares or by guarantee, which does not adequately accommodate the blended social and commercial objectives of social enterprises.19 To support entrepreneurship more broadly, however, the Ministry of Business Development launched the National Entrepreneurship and Innovation Plan (NEIP) in 2018, which offers up to $10 million in business development services, start-up incubation and funding for early-stage businesses, along with tax incentives and preferential access to government procurement opportunities.20 In addition, Ghana developed a draft social enterprise policy in 2017 to provide more targeted guidance and support for the sector.21COUNTRY FACTSHEET 3 Of those that were registered, the highest percentage (47%) were registered as private companies, followed by 25% that were registered as not-for-profits and 3% that were registered as “other” (not specified) Top 3 sectors Top 3 purposes 10 The State of Social Enterprise: Unlocking Inclusive Growth, Jobs and Development in Africa
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