Investments made into African female-led startups have grown by nearly seven-fold over the last three years, highlighting their potential to haul in investment, the latest analysis shows.
However, the volumes and values are still far lower than what male founders have raised in the continent’s buzzing startup ecosystem.
In their latest analysis of deals, Africa: The Big Deal, shows female techpreneurs have significantly raised the share of growth funds they attract—from $52 million in 2019, to $288 million by the close of 2021.
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Originally published on Quartz : Original article