1 in every 10 Millionaire West African Startup (MWAS) founder is female

Founders of Millionaire West African Startups (MWAS) were predominantly male-dominated, as 90.2% of MWAS founders are male. Get the West African Startup Decade Report to learn more.

Source:

West African Startup Decade Report

Period:

2010 - 2019
HTML code to embed chart
Want a bespoke report?
Reach out
Tags
Related Insights

Mobility startups recorded the highest startup funds in Francophone Africa in 2024, raising $20.50M with just two deals
Mobility led 2024’s startup funding in Francophone Africa with two deals at a value of $20.5M.
Fintech had the highest number...

61.76% of financial sector deal volume in Francophone Africa was recorded between 2020–2024 H1, up from 22.06% in 2012–2015
Between 2020–2024 H1, 40.58% and 50.91% of deal volume went to consumer staples and consumer discretionary respectively, showing that everyday...

Francophone African companies attracted $1.8 billion in private capital in 2021, the highest amount in the past 12 years
Francophone Africa attracted $1.8 billion in private capital in 2021, about 9x the previous year (2020).
That same year saw 34...

Tech-enabled firms drove 71% of deal volume in Francophone Africa in 2021, the highest contribution so far
The breakthrough year for tech in Francophone Africa was 2021, with 71% of deal volume going to tech-enabled firms, an...

Since 2012 up to mid-2024, Francophone Africa has had 76 exits, peaking at 13 in 2019
The peak year was 2019 with 13 exits, marking the most successful exit year since tracking began in 2012.
Zero exits...

Consumer staples, financials, consumer discretionary, and industrials dominate private capital in Francophone Africa, capturing 68% of all investment volume since 2012
The consumer staples sector attracted the highest private capital volume with 69 deals.
The financial sector shows strong traction, especially as...

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

©2025
A product of Techpoint Africa. All rights reserved