A thriving startup ecosystem in Africa is dependent on a gender-equal workforce. According to Disrupt Africa, only about 14.6% of African tech startups have a female CEO and only 10% of these startups have a female CEO. When it comes to fundraising, the data states that of the hundreds of startups funded between 2022 and 2023, just 3% of that funding went to companies with female CEOs. This shouldn’t be so. We encourage VCs all across Africa to challenge the status quo. At Nubia Capital, we have a Gender-lens strategy. We are committed to diversity and inclusion in our investment approach. Our Gender Lens Strategy is not just an initiative; it’s a commitment to a more inclusive and successful future. We believe in investing not only in companies but in the potential of all entrepreneurs, regardless of gender. #genderlensinvesting
- November 20, 2023
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