Relevant Statistics
Of Nigerian startups struggle to secure funding due to currency volatility and limited access to investors
Drop in funding levels to African startups
Increase in Debt Financing indicating reduced availability of Equity Investments
Total funding to startups with at least one female founder
Total funding to the Big 4 African countries
Drop in number of active investors ahowing greater risk aversion and tighter investment scrutiny
Total investment in Transport and Logistics sector, now the top-funded sector
Representing the highest entrepreneurial activity is by African women yet the least supported
Billion financing gap for African women entrepreneurs compared to men
Less than 1% of total venture capital funding received by women startups in Africa
AFAWA financing for over 7,000 women-led businesses highlighting the untapped potential of investing in them as engines of growth and development
Of African female founders identify access to funding as their greatest challenge
These insights are based on reports from credible sources like Africa: The Big Deal, Fintech Magazine Africa, TechPoint Africa and punching.com
