Alami Capital’s LaunchPad targets funding gap for African women-led startups
- Alami Capital unveiled The LaunchPad at GITEX Nigeria to support women-owned startups.
- The initiative aims to tackle the undercapitalisation of female-led startups in Africa.
- Female-led African startups raised only $48 million in 2024, just 2% of total funding.
The LaunchPad initiative by Alami Capital is a significant step towards empowering women entrepreneurs in Africa, addressing the critical funding gap they face. By providing essential resources and visibility, it not only supports individual startups but also contributes to a more equitable business landscape. Continued efforts and expansion of such programs are crucial for sustainable growth in the region.
