Gender Diversity
Pledge Report
During AfricArena Unconference in Kenya in September 2023, a crucial topic emerged around the need to amplify investment in female founders. In response Digital Collective Africa has taken proactive steps towards fostering diversity and inclusion within the tech ecosystem.
About The Report
In a rapidly growing and dynamic African tech ecosystem, gender equity remains a critical lever for unlocking untapped potential.
Female founders continue to face significant barriers to funding and scaling their businesses, with systemic challenges deeply rooted in investor mindsets, legacy networks, and unequal access to capital markets. In 2024, female-founded startups secured only 7% of total equity funding in Africa, a decline from 17% in 2023, marking a five-year low.
This disparity underscores not just an issue of fairness but a missed opportunity for innovation and growth. (ParTech, 2024)​
