Who We Are

ACAFE Foundation is a non-profit organization founded to support African women in the diaspora who are committed to giving back to their African roots. We provide a platform where talents, resources, and ideas converge to create a lasting impact on the African continent. We are a central hub/platform of information/resources to help people especially women in the diaspora to sustainably give back and empower female entrepreneurs.

Our Mission

ACAFE Foundation aims to foster a powerful community of African women entrepreneurs living in the diaspora, united by a shared mission to give back to their African roots. Our platform serves as a vibrant hub where talents, resources, and ideas converge to make a lasting impact on the African continent.

Our Vision

Empower Diaspora Women for a Sustainable Africa

Empowering African women entrepreneurs in the diaspora to drive positive change and economic growth in Africa through collaboration, mentorship, and investment.

How We Do It

Empowerment: We empower African women entrepreneurs by providing a platform for networking, mentorship, and collaboration, equipping them with the tools to succeed in their businesses and positively impact Africa.

Connection: We bridge the geographical gap between the African diaspora and the continent, fostering connections that facilitate knowledge transfer, trade, and investment.

Sustainability: We are committed to sustainable development in Africa, focusing on projects and initiatives that address pressing issues in education, healthcare, gender equality, and economic growth.

Why We Do This

37%

According to a report by the IMF, only 37% of women in Sub-Saharan Africa have access to bank accounts, compared to 48% of men.

The value of this shadow labor is staggering: $10.9 trillion, according to an analysis by Oxfam.

According to the African Development Bank, nearly 26% (25.9%, to be exact) of women are in the process of starting or managing a business in sub-Saharan Africa. This makes Africa the continent with the highest percentage of women entrepreneurs in the world, the research report by OECD mentions.

2.4 b

Around 2.4 billion women of working age are not afforded equal economic opportunity and 178 countries maintain legal barriers that prevent their full economic participation, according to the World Bank’s Women, Business and the Law 2022 report.

58%

Women make up 58 % of the continent’s self-employed population. However, women entrepreneurs across sub-Saharan Africa continue to earn lower profits than men (34 % less on average).