More than 97 percent of investments made into African start-ups between 2013 and 2021 went to male-led start-ups with female techpreneurs in the continent being less likely to be pitched for equity financing. FILE PHOTO | THE CITIZEN
More than 97 percent of investments made into African start-ups between 2013 and 2021 went to male-led start-ups with female techpreneurs in the continent being less likely to be pitched for equity financing.
A report titled In Search of Equity: Exploring Africa’s Gender Gap in Startup Financing prepared in collaboration with the World Bank’s Africa Gender Innovation Lab (GIL) and Briter Bridges, found major disparities between male and female owned startups in Africa.
