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Journal of African Business Issue 6

Welcome to the Journal of African Business, a unique guide to business and investment in Africa. The first issue of the journal was published in 2020 as an annual publication. Since then, the quarterly format has been adopted, giving our team more opportunities to bring to readers up-to-date information and opinions and offering our clients increased exposure at specific times of the year.

Welcome to the Journal of African Business, a unique guide to business and investment in Africa. The first issue of the journal was published in 2020 as an annual publication. Since then, the quarterly format has been adopted, giving our team more opportunities to bring to readers up-to-date information and opinions and offering our clients increased exposure at specific times of the year.

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BIOGRAPHY<br />

Nthakoana Maema has a strong commitment to creating financially thriving<br />

and inclusive economies in South Africa. She leverages her extensive<br />

experience as a development strategist spanning over 17 years. Passionate<br />

about sustainable cities, social entrepreneurship and promoting youth and<br />

gender inclusion, Nthakoana approaches complex challenges through the lens<br />

<strong>of</strong> equity and systems thinking. Her diverse educational background includes<br />

studies in <strong>Business</strong> Science with a focus on Finance, Design Thinking and<br />

NPO/SE Management. Recently, she furthered her expertise by completing a<br />

Postgraduate Diploma in Sustainable Development at Stellenbosch University.<br />

Nthakoana is the founder <strong>of</strong> FuturePro<strong>of</strong> Consultancy, where she empowers<br />

leaders and teams to build resilience and cultivate a culture <strong>of</strong> innovation.<br />

The girls on this page, and in the main image on the first page <strong>of</strong> this article, were<br />

attending a #Girlsin<strong>Business</strong> Innovation Bootcamp run by Oribi in Cape Town.<br />

THE GENDER PAY GAP IS STILL AN UNCOMFORTABLE REALITY<br />

There’s much to be positive about, Maema says, but still a lot more to be done. The<br />

gender pay gap remains a global issue that’s <strong>of</strong> particular concern in South Africa.<br />

What’s more, unemployment figures are high among women. As President Cyril<br />

Ramaphosa noted at the Second Women Economic Assembly in 2022, 47% <strong>of</strong><br />

South <strong>African</strong> women aged between 15 and 64 are deemed “economically inactive”.<br />

“Again, it’s a question <strong>of</strong> opportunity and ensuring all genders have equal access and<br />

shorter pathways to the heart <strong>of</strong> the value chain,” Maema says. Ultimately, despite<br />

these challenges, this is one <strong>of</strong> the few countries in the world where the number <strong>of</strong><br />

women starting their own business is actually growing, something that Maema says<br />

can only be a net positive. “More female business owners means a bigger economy<br />

with a greater number <strong>of</strong> opportunities for everyone.” And these businesses<br />

<strong>of</strong>ten benefit wider society as a whole. Look no further than Sibongile Mongadi’s<br />

Uku’hamba project, which is building prosthetic limbs from affordable materials or<br />

the SME-funding firm Akiba, co-founded by Tebogo Mokwena. “Going forward,”<br />

Maema says, “the key is to incubate and support budding entrepreneurs while<br />

ensuring marginalised groups are equipped to navigate South Africa’s corporate<br />

machinery.” Fostering talent this way is the Oribi vision through and through.<br />

Discover more about Oribi and its incubator model at https://www.oribi.org.za/<br />

ABOUT ORIBI<br />

Oribi is a non-pr<strong>of</strong>it incubator dedicated to catalysing high-impact<br />

entrepreneurship with, from and for marginalised people and places<br />

and fostering sustainable development in South Africa. We collaborate<br />

with many stakeholders to unlock individual and collective action and<br />

address social, economic and environmental challenges. Through a<br />

systems approach, we enable people to identify needs, prioritise solutions<br />

and implement impactful social enterprises. Our focus areas include<br />

community enablement, food systems, entrepreneurial support, inclusivefinancing<br />

support, access to networks and policy engagement. Thanks<br />

to technical support from Value for Women, we apply a gender lens in<br />

our actions. Join us in creating positive change for a brighter future.<br />

Visit www.oribi.org.za to learn more.<br />

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