For the past couple of decades, Africa has been trying to catch up with the rest of the world. Despite the efforts made by governments and businesses, there hasn’t been much fruit as entrepreneurs in the continent face numerous challenges. Moreover, there is a huge corporate gender equality gap that hinders holistic growth. Isabel dos Santos, Africa’s richest billionaire woman, is looking to take a new approach and change all these.
The Angolan businesswoman seeks to help Africa become better by empowering entrepreneurs and pushing for gender equality in the corporate sector. Here is how Isabel is going about achieving this goal.
Unemployment is a massive problem in Africa and the best way of solving this issue is by empowering entrepreneurs to create more employment opportunities. Isabel dos Santos has been working on projects that help entrepreneurs from the continent to unlock their potential. She has provided educational scholarships to numerous young entrepreneurs and also funded their start-ups.
Besides this, through her company Unitel, the primary telecom service provider in Angola, she has expanded communication infrastructure into rural areas. This has allowed entrepreneurs in the village to grow their businesses.
Pushing For Gender Equality
Globally, the gender equality situation in the corporate world is wanting, but it’s much worse in Africa. Isabel dos Santos is pushing for gender equality in the corporate sector, especially in African from the grassroots level. She has been working with charity organizations that help in the education of girls to make her dream come true.
Apart from providing educational scholarships to girls from rural areas, she also funds women empowerment organizations in marginalized areas. Isabel believes that by providing women in rural areas with a stable source of income, they can be able to take their daughters to school.
The Angolan businesswoman and billionaire studied for her Electrical Engineering degree in London’s King’s College. Isabel dos Santos went into entrepreneurship soon after her graduation, and has over the years built her multi-billion empire. Besides Africa, she also supports civil and community projects in the U.K. and Portugal and was recently part of the World Economic Forum on Africa.