Fraser is far from the first woman to run a bank and, in reality, these women have helped pave her way in an industry that remains a male bastion. By Ian Horswill Jane Fraser started as CEO of Citigroup on 1 March, the first woman to head a major Wall Street bank. It marks a huge milestone for women and one…
By Melanie Fellay In 2020, the share of venture funding going to female founders shrank to a mere 2.3%. In a world where having access to capital can make or break your company, that means only two women for every 98 men get that opportunity. I am one of those two women. This month, my company, Spekit, announced our $12 million Series A round…
By Gabby Shacknai Once upon a time, not so long ago, activewear occupied only a small fraction of our wardrobes, and our time spent wearing it was limited to post-work gym sessions and weekend yoga classes. More than a year into the Covid-19 pandemic, however, most of us can’t seem to take our leggings and sports bras off (whether there’s…
written by CHINEA RODRIGUEZ Adding entrepreneur to her multi-hyphenate status actress, producer, activist, and author Priyanka Chopra Jonas just launched a new haircare line at Target named Anomaly. Made from sustainable and chic packaging the line is vegan, cruelty-free, and certified Target Clean. The best part? Everything is just $6. “I saw a gap in the market for affordable, clean, and…
The Women Behind Nigeria’s $1.2 Billion Beauty Market. The Beauty Merchant Plugging Global Brands into Nigeria. Who: Alali Hart, CEO and founder of Montaigne AH Ltd, a beauty and wellness retailer, wholesaler and spa with 40 retail doors across the country in malls and outlets in Lagos, Abuja, Port Harcourt, Owerri, Enugu and Warri What: Montaigne Place, the firm’s flagship,…
By Ruth Agbaji Another Black History Month has come and gone, but per the findings of a new study commissioned by Groupon and the National Black Chamber of Commerce: Educating ourselves on the adversity African Americans have always faced in the workplace MUST be a year long thing. Depressingly, 80% of black business owners polled stated they faced more challenges getting their business off the ground due to their race while 85% claimed they…
By Marisol García Fuentes Support for women favors economic growth. A report by the McKinsey Global Institute indicates that a strengthening of gender equality could represent an increase of 12 trillion dollars to world GDP by the year 2025, which in Latin America would represent an approximate of 1.1 trillion dollars. According to World Bank data, globally, one in three companies is owned by…
By Jessie Tu As a tech start-up entrepreneur, Melanie Perkins’ story is nothing short of remarkable. Last July, we reported her becoming one of the wealthiest women in Australia after her graphic design company Canva, which she co-founded with her husband Cliff Obrecht raised US$60 million in funding. This week, her company has hit an on paper valuation of $US15 billion ($19.7 billion) after securing a…
Young women in the west African are lifting car bonnets and challenging the notion that mechanics is a man’s job by Jean-Marc Caimi Being a young woman in an African Muslim country usually means staying at home and raising children. But in the hot and dusty outskirts of Ouagadougou, the capital of Burkina Faso, girls and women from often disadvantaged…
Women entrepreneurs are making their mark in the business world by taking on new challenges daily and are finding great success. According to nonprofit organization Catalyst, women hold only 6 percent of CEO positions in the S&P 500. That percentage jumps considerably when you look at ecommerce, as Amazon data company Jungle Scout reports 32 percent of sellers are women. But even this statistic reveals a gender gap in the business. Women…