Women are taking giant leaps in the tech industry across Africa and by extension, the rest of the world.
These women are not only carving out their space and making substantial strides, but also challenging the status quo and reshaping the narrative for future generations.
Dismantling Glass Ceilings
A surge in women-centric tech events is testament to the heightened presence of female leaders in the field.
These trailblazers are not just breaking the glass ceiling; they are reshaping the entire landscape of the tech world, not just in Africa but on a global scale.
A Closer Look at the Numbers
According to a report by Disrupt Africa, approximately 14% of African startups boast at least one female co-founder, and 10% have a woman CEO. However, the disparity in funding is glaring.
In 2022, male-led startups secured a whopping 96% ($4.6bn) of the total volume, leaving female-led ventures with a mere 4% ($188m). This financial gender gap persists across key startup hubs, with the percentage of funded startups featuring at least one female co-founder falling below 30%.
These are the faces of women outliers in Africa.
The Rise of African Women in Tech
Despite these challenges, the past five years have witnessed a transformative journey in the African tech industry, with women leading the charge.
Factors such as increased access to education, the proliferation of mobile technology, and a growing acknowledgment of diversity’s significance have fueled the upward trajectory of women in tech. Though representation remains below par, the increasing participation is undeniable.
Initiatives Paving the Way
The tech landscape is witnessing a surge in initiatives tailored to empower women. Coding boot camps, mentorship programs, and scholarships are providing women with the skills and knowledge needed to thrive.
The Future is Female Mentorship Programme stands out, training female founders in communications and public relations. The growing number of applications from countries across Africa underscores the program’s impact.
Navigating the Challenges
While the interest in STEM-related and tech roles among women is on the rise, a significant gap persists. The glaring difference between mentorship programs for women and those focused on funding women’s startups points to an ongoing challenge. However, promising progress is on the horizon. Women are increasingly represented in tech venture funds, with more female partners and executives. Female-only investment firms dedicated to supporting women-owned businesses are also emerging, signaling a positive shift.
Looking Ahead
As the momentum builds, women continue to challenge stereotypes and redefine success in the tech industry.
The journey is undoubtedly long, but the resilience, determination, and innovation exhibited by these women paint a promising picture for the future of tech in Africa.
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Culled in by Fortune Omosola
