Record funding in women-led healthtech startups sets agenda for founders
- Women-led healthtech companies in Africa raised $52 million in funding in 2023.
- Kasha, Maisha Meds, Dawi Clinics, and Chefaa were responsible for a 2,000% increase in funding to women-led companies in Africa's healthtech industry.
- Grants from institutions like USAID and the Bill & Melinda Gates Foundation played a crucial role in supporting women-led healthtech companies in Africa.
The increase in funding for women-led healthtech companies in Africa is a positive development that shows progress in narrowing the gender financing gap. Grants from global development institutions have played a crucial role in supporting these companies. However, there are still barriers that women founders or CEOs face in accessing private equity or venture capital funding, and more efforts are needed to address these challenges.
