Omo, Naija people! E don soft for ground as dem just release report wey show say women dey shine well-well for investment sector across Africa.
The African Private Capital Association (AVCA) no dull, they launch gender diversity report wey go change the narrative wey people get about women in private capital. E no be small something oh! This study cover 218 private capital investors, more than 3,000 staff, and close to 2,000 portfolio companies – wahala no dey for data wey dem gather!
You sabi say woman dem dey hold 38% of investment professional slots, and 33% of committee members for Africa? You fit compare am with global stats wey show say na only 35% and 12% dem dey represent for those matters. E mean say we dey lead, my people!
Women also dey occupy 44% of total workers and 32% on board level for private capital firms. Na how we fit look this data if e no make person smile? But no be all that glitters be gold oh! As firms dey grow bigger, na there the women representation dey fall like say dem no wan shine again.
For example, smaller firms wey get less than five workers, dem dey boast 50% female presence for investment teams, but as dem dey grow to billion-dollar firms, dem dey drop to just 29% and 19%. This kind imbalance fit affect how money dey flow across Africa. So, we gats look deeper into this!
Abeg, you fit still gree say women dey struggle for leadership role inside portfolio companies. Only 5% of companies wey dey get private capital for Africa na women wey start am, and just 11% dey run the company as CEO. But where you see women dey lead, e dey sweet! Female-founded companies dey employ average of 48% women and dem don see 50% revenue growth from 2023 to 2024. Mix-gender teams dey perform even better wiht 46% women and dem no dey carry last as dem record highest revenue while growing 40% over the same time.
Abi Mustapha-Maduakor wey be CEO of AVCA talk am clear: “Africa dey show strong foundation for gender diversity for private capital. But we no fit just stop for representation; we gats make sure say women get access to cash wey fit carry dem go far!”
This gist dey serious oh, but we fit still pack am as any Naija gist fit go. If you be investor or you just dey follow tinz wey dey happen for capital market, this information fit change your game.
So make we dey shine light for women wey dey carry their businesses go forward. As we dey hustle to follow up this matter, make you download the Africa Private Equity News app to catch live updates!
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