Women in tech: a five-year retrospective.
- Less than 15% of Africa’s tech start-ups have at least one female co-founder, with fewer than 10% having a woman CEO.
- Only 3% of venture capital funding in Africa goes to startups with a female CEO.
- Female-led startups typically perform better than male-led ones, but male-led startups receive 96% of the total funding volume.
The participation of African women in the tech industry has shown significant growth, driven by various factors such as increased access to education and training. However, there is still a significant gap in funding for female-led startups, with only 3% of venture capital funding going to startups with a female CEO. More efforts are needed to address this disparity and provide equal opportunities for women in the tech ecosystem.
