Africa leads on private capital diversity, women still get less money

The narrative surrounding African venture capital has been defined by a disparity of female founders receiving only a fraction of the funding secured by their male counterparts. 

Per data from TechCabal Insights, women-led startups raised $48 million in funding in 2024, compared to over $2 billion by their male peers, and only 10% of female-founded startups in Nigeria secured funding…