Venture capital (VC) funds deployed in African markets should result in a “trickle down” effect that addresses issues around poverty and provides underserved communities with access to vital services. Female fund managers are very much in the minority worldwide. In the US, only nine per cent of decision makers in the VC space are women. The Diversity dividend: Female fund managers in Africa series looks at firms that recognise this truth, and put diversity front and centre. It has been shown that companies that have diverse teams are able to achieve over 20 per cent above the average company in terms of their returns,” Ishmael said.

Source: The North Africa Journal July 18, 2022 23:03 UTC