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Building Inclusion Into the Investment Process: Four Steps for Addressing Bias Against Women Startup Founders
While overall global funding for startups grew in 2020, women founders received 27% less investment than the previous year. The problem is particularly troubling in emerging markets, where only 11% of seed funding went to companies with a woman on their founding team in 2019. Akansha Kasera and Malika Anand at BFA's Catalyst Fund discussed the issue with two female venture capitalists, Lexi Novitske from Acuity Ventures and Lelemba Phiri from Enygma Ventures: They share four steps the investment industry should take to boost gender equity and reduce bias against women startup founders.
- Categories
- Investing
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Southern Africa Taps $380 Million in World Bank Financing to Facilitate Regional Trade and Investment for More Inclusive Growth
The new Southern Africa Trade and Connectivity Project (SATCP) will benefit both countries and local communities through investments.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Mastercard Furthers Support For Black Women Entrepreneurs With Multi-Million Dollar Investment in Fearless Fund, A Venture Capital Firm Built by Women of Color for Women of Color
To help further access to funding for Black women, Mastercard today announced a multi-million dollar investment in Fearless Fund, a venture capital fund built by women of color for women of color.
- Categories
- Investing
- Region
- North America
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Analysis: Overcoming COVID-19 Will Require Tackling Inequality
The issue isn’t just that COVID-19’s impact is unequal; it’s that inequalities, especially gender inequality, will hamper an effective recovery.
- Categories
- Coronavirus, Health Care
- Tags
- gender equality, human rights, SDGs
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Analysis: Rwanda Bridges Gender Gap in Financial Inclusion by 10%
Although there are still a number of challenges that continue to drag women behind men in terms of financial inclusion, the number of women who are banked have greatly improved, rising from 24 percent in 2016 to 34 percent in 2021.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: How Nigerian Banks Empower Women Through Corporate Social Responsibility
The benefits of corporate social responsibility practices for businesses include enhanced reputation, legitimacy and customer loyalty. But these practices are not just marketing to make businesses look good. They are also a way to develop markets and sustain business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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ADF Supports Digital Financial Inclusion for African Women With $6.95 Million
The Africa Digital Financial Inclusion Facility (ADFI), supported by the French Development Agency (AFD) and hosted by the African Development Bank (AfDB) has committed to financing digital financial inclusion in Africa with six grants totalling $ 6.95 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: DFC Approves New Investments to Advance Sustainable Economic Development, Respond to COVID-19, and Advance Gender Equity
The U.S. International Development Finance Corporation (DFC) Board of Directors at its quarterly meeting approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other sub-Board investments totaling nearly $350 million since its last quarterly Board meeting in December, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy and strengthen gender equity around the world.
- Categories
- Investing
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