In 2023, for every dollar invested in startups in Africa, 75 cents went to all-male founding teams, 12 cents went to solo male founders, and 11 cents to gender-diverse founding teams. Female-only founders and all-female founding teams received one cent each. Overall, there is a clear dominance in investment funds for male-led start-ups.
Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team
(in U.S. cents)
Characteristic
Investment value in U.S. cents
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Africa The Big Deal. (January 17, 2024). Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team (in U.S. cents) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/
Africa The Big Deal. "Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team (in U.S. cents)." Chart. January 17, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/
Africa The Big Deal. (2024). Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team (in U.S. cents). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/
Africa The Big Deal. "Distribution of One Dollar of Total Investments among Startups in Africa in 2023, by Gender Mix of The Founding Team (in U.S. Cents)." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/
Africa The Big Deal, Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team (in U.S. cents) Statista, https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/ (last visited July 22, 2024)
Distribution of one dollar of total investments among startups in Africa in 2023, by gender mix of the founding team (in U.S. cents) [Graph], Africa The Big Deal, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1472388/one-dollar-investment-distribution-among-start-ups-in-africa-by-gender-of-founder/