The Empower Africa Business Platform is Now Live !!!
She Wins Africa represents IFC’s ongoing commitment to promoting gender equality and empowering women entrepreneurs in emerging markets.
The 100 participants were chosen from a highly competitive pool of nearly 3,000 applicants.
These women entrepreneurs represent diverse sectors, encompassing fields like agriculture technology, climate technology, e-commerce, education technology, healthcare technology, and financial technology.
Beyond supporting the chosen 100 participants, She Wins Africa will launch additional initiatives:
– Bootcamp for pre-seed startups: This program will help 200 pre-seed women-led startups reach the acceleration phase.
– Expanding access to acceleration: This initiative aims to connect an additional 200 women-led startups with acceleration support in underserved regions.
– Building a coalition of investors: This program seeks to create collaboration among funds, venture capital firms, and gender-lens investors to improve access to finance for women-owned businesses across Africa.
“IFC’s She Wins Africa empowers women entrepreneurs through coaching, training, and financing, accelerating their growth and investment readiness throughout sub-Saharan Africa,” said Nathalie Akon Gabala, IFC’s Director of Gender and Economic Inclusion.
Koa, a Swiss-Ghanaian cocoa upcycling startup, has secured a landmark US$15 million investment in its Series B funding round to transform the cocoa industry with its innovative approach to sustainability and farmer empowerment.
Cartona, one of the leading B2B e-commerce platforms in Egypt, has successfully raised an additional $8.1 million in a Series A extension round, bringing the total Series A funding to $20.1 million.
Arnergy, a Nigerian cleantech startup specializing in distributed renewable energy solutions, has raised $3 million in a bridge round led by All On, an off-grid energy impact investment company supported by Shell.