Funding to African female founders hit a five-year low in 2024
Female startup founders raised $48 million in 2024, four times less than the previous year. Male startup founders raised over $2 billion in 2024.
"Improving funding to female founders will depend on how much investors are willing to check their bias"— June Angelides, founder, Levare Ventures
Only 2% of funding goes to African startups with an all-female founding team. June Angelides emphasizes the need for women to be more confident while pitching.
