Female-founded companies outperform male-founded ventures by a staggering 63%, and women-owned businesses are poised to inject a massive $5 trillion boost into the global economy, according to a 2022 Mastercard Index report. In Africa, women-owned businesses account for 40% of existing businesses, yet they receive only 1% of VC funding. Unsurprisingly, this has cost VCs a trillion-dollar opportunity, as they continue to undercut the potential of women-owned ventures.

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