This week, Dell Technologies announced the findings of its annual Women Entrepreneur Cities (WE Cities) Index. The study looks at a city’s ability to foster growth of women-owned businesses.

The Index found that the city of Johannesburg is doing a good job in that regard, ranking it 36th overall among the 50 cities that were surveyed.

“When we invest in women, we invest in the future. Communities prosper, economies thrive and the next generation leads with purpose,” said EVP and chief customer officer at Dell Technologies, Karen Quintos.

The technology company adds that it partnered with IHS Markit to research and rank the 50 cities on five important characteristics:

  • Access to Capital
  • Technology
  • Talent
  • Culture
  • Markets

“By arming city leaders and policymakers with actionable, data driven research on the landscape for women entrepreneurs, we can collectively accelerate the success of women owned businesses by removing financial, cultural and political barriers,” she added.

The WE Cities Index also states that Johannesburg ranks ahead of a number of international hubs and overtakes the only other African city in the Top 50 – Nairobi.

Amongst other findings the Index found that Johannesburg’s strongest pillar was talent, with the city also ranking 10th for women’s skill and experience.

“Johannesburg is a business powerhouse, both in Africa and across the world, It’s also a giant melting pot and is known for its cosmopolitan and progressive attitudes,” noted DELL EMC SA’s general manager, Doug Woolley.

Adding to that 78 percent of students at top universities in Johannesburg are women, while 67 percent of women are employed in professional services and 65 percent are found in the IT sector. Joburg also ranked 9th for the best market in terms of operating environment.

“These are some of the reasons why it is more attractive and welcoming to all entrepreneurs, including women. Its inclusion in the 2019 Women Entrepreneur Cities findings shows that significance, but also as a reminder that much more can be done. At Dell Technologies, we’ll keep being part of that movement until Jozi is number one,” Woolley continued.

The Report ended by stating that more than a quarter of company boards in Johannesburg have women on them, which is shared with international cities such as London, Sydney, and Tel Aviv.

[Image – CC 0 Pixabay]