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Home Women Tech

14 Women Founders selected for the 2022 VC4A Venture Showcase Africa

VC4A is proud to announce the

by TechBuild.Africa
2022/09/01
in Women Tech
VC4A - techbuild
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VC4A is pleased to put the spotlight on 14 amazing founders selected from our flagship Venture Showcase program dedicated to women-led businesses this year.

Each founder is building innovative solutions, bringing disruptive business models that seek to change access to vital services across critical industries – from healthcare to education, from peer-to-peer marketplace to transportation and financial services, these companies are transforming our society.

Each startup from the portfolio is looking to raise their Pre-Seed, Seed and Series A rounds ranging from $250K to $10M. Learn more about the businesses they are building and the impact they can have for your country or region.

Series A
  • Chefaa (HealthTech, Egypt),
  • Bankly (FinTech, Nigeria)
  • Dabchy (Peer to peer Marketplace, Tunisia)
Seed
  • Buupass (Transport, Kenya)
  • GATE Academy (EdTech, Nigeria)
  • HOJA (Transport/Smart Cities, DRC)
  • Innovative CLAN (EdTech, Cameroon)
  • Pivo Technology Limited (FinTech, Nigeria)
  • Taimba (AgriTech, Kenya)
  • Zuri Health (HealthTech, Kenya)
  • PremierCredit (FinTech, Zambia)
  • Rahet Bally (Moms Community/SaaS, Egypt)
Pre-Seed
  • Emergency Response Africa (HealthTech, Nigeria)
  • HerVest (FinTech/AgriTech, Nigeria)

Of the $4B invested into startups across Africa in 2021, the Africa: The Big Deal report reveals that “7% of the funding went to start-ups led by female CEOs.” That’s $1 in every $15 raised going to women-led businesses.

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Driving Diversity in Africa’s Tech Industry: The Story of Data Girl Technologies

Challenges and Opportunities – Global Survey Results on Women’s Tech Careers

This is exactly why “beyond understanding the problem and creating awareness, VC4A decided to take action or the problems will never be addressed. The Venture Showcase Africa a Women founder edition was launched in April as a concrete way to engage investors and drive capital support to outstanding women-led companies.”

Ben White co-founder and CEO of VC4A, spoke about the importance of spotlighting these companies – “Developing tailored financial tools for women business owners should be deliberate. If we treat it as a deliberate action, we recognize and understand the barriers that prevent women from accessing finance. If we don’t treat it as a deliberate action, it will be mere lip service”

Over the next two months, the selected startups will be mentored by top VC investors and receive access to the bespoke VC4A curriculum before delivering their pitch at the 9th edition of the Africa Early Stage Investor Summit.

This year the three-day hybrid summit, co-organized with ABAN (African Business Angel Network) will take place from 2-4 November 2022, with a mix of virtual and in-person components including Investor meetups in over 25 cities all over the world.

As an active player dedicated to supporting the development of startup ecosystems in emerging markets, VC4A worked closely with the Africa investment community and Entrepreneur Support Organizations to refer candidates to the Showcase, involving investors in the screening, selection and interview process.


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