In 2024, the percentage of venture capital funding allocated to women-led startups in Africa was notably low. Female founders raised only $48 million, which accounted for a mere 2% of the total $2.2 billion invested in African startups. Bridging the gender gap in entrepreneurship could inject $2.5 trillion to $5 trillion into the global economy and see the global GDP witness a rise of 3% to 6%. This report explores how to bridge the funding gap and unlock this massive potential.
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