The Gender Divide in Africa’s Most Funded Startups
- Over 2,200 startups in Africa have raised more than $100 million in funding since 2019.
- Only 3 out of the Top 100 most funded African startups have women as CEOs.
- Andela, Sabi, and Cape Bio Pharms are among the few exceptions with female leadership.
The stark gender imbalance in leadership roles within the African startup ecosystem is concerning and reflects broader societal issues. Addressing this imbalance is not only a matter of fairness but also essential for fostering innovation and growth in the sector. A more inclusive approach could lead to better decision-making and a more representative entrepreneurial landscape.
