Back the ladies!👩🏽🦰📈💰
#198: The world has a history of underestimating women. Yet, throughout this journey, women have shattered glass ceilings, defied expectations, and carved their paths.
Hello Venturer,
The world has a history of underestimating women. Despite countless achievements, contributions, and resilience, women have often faced barriers, biases, and limitations. Yet, throughout this journey, women have shattered glass ceilings, defied expectations, and carved their paths.
Living legends like Ellen Johnson Sirleaf, the first female African head of state and Nobel Peace Prize laureate, and trailblazers like Folorunsho Alakija, whose firm Famfa Oil Limited stands as one of Africa's leading indigenous crude oil exporters, exemplify remarkable achievements in their respective fields. Women have shown that their strength, intelligence, and determination transform societies, economies, and cultures. Thus it is necessary to invest in them.
In 2023, startups led by solo female founders or all-female teams in Africa secured merely 2.3% of the overall funding, highlighting the significant challenges faced by women seeking financial support in the continent's startup ecosystem.
This week, Ventures Africa interviewed Brenda Wangari, Head of Portfolio Success at Madic, to understand how Africa can overcome this challenge.
Boluwatife Areola
Content Developer, Ventures Africa
What’s new?
How Can Africa Solve Its Gender Funding Gap? Brenda Wangari Answers
Getting funding as an African startup founder is hard. It’s even harder when you’re a woman. In 2023, startups with solo female founders or an all-female founding team raised only 2.3% of total funding in Africa. Read more.
Why This Expert Believes the CBN's Interest Rate Hike is a Necessary Step, but Not a Silver Bullet
A few weeks ago, the Central Bank of Nigeria (CBN) held its first Monetary Policy Committee (MPC) meeting since its new governor resumed office, sparking anticipation after a five-month hiatus. Read more.
Can Lagos Become Africa’s Gaming Hub?
Lagos, Nigeria, is setting its sights on becoming a major player in the African gaming industry, targeting a 30% share of the continent’s market projected to reach $4.28 billion by 2024. Read more.
Weekly Economic Index: Nigeria’s Stock Market Rally, Ghana’s Anti-Gay Law, and Egypt’s Big Deals
Here are the top three events from Africa’s economic space you probably missed last week. Read more.
Soft power - To attract, persuade, influence, and shape preferences through culture. Nigeria has effectively done this through entertainment. Our music, films, and content transcend borders, commanding global attention. As master storytellers, we leverage new technologies to amplify our cultural influence. Read our latest magazine issue to learn more.
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