Investors funds are emerging to back African female tech founders ...Middle East

Raising money from investors is a challenging enough task for startup founders in general, but even more so for female entrepreneurs. In 2019, US startups with female CEOs represented only 13.5% (pdf) of all venture capital investments, according to PitchBook, a private markets data provider. Globally, less than 5% of venture capital went to female-led startups in 2019. And the coronavirus pandemic has hit female-led firms disproportionately when it comes to venture funding.Despite its vibrant and diverse startup sector, this underrepresentation of women in tech is as stark in Africa as it is elsewhere in the world. A 2020 TechPoint report estimated that only 10% of west Africa-focused start

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Investors funds are emerging to back African female tech founders ...Middle East

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