So, as we move rapidly toward the middle of the 21st-century, how can we be effective allies in support of the cause to level the playing field and empower women, right here on the continent, with tangible opportunities for stepping into the leadership role proposed by this idiom?
These challenges are numerous and, according to the African Development Bank, they continue to drive gender inequality and even limit the continent’s progress in totality. In a similar vein, challenges identified, at the Africa Union Gender Pre-Summit on the 2016 African Year of Human Rights, as pressing for women included, but were not limited to, economic exclusion and discrimination from financial systems.
Moreover, while venture capital funding for startups across the continent in 2017 reached an all-time high of more than $500 million, representing a 53 per cent year-on-year increase, only $30 million went to companies with female co-founders. Of the $725.6 million in funding that was invested across the African continent in 2018, only 2 per cent went to women-owned or women-led businesses.
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