Prosus report finds 72% of African women tech founders raise no equity in past year

By Public Technologies
  • Prosus and Naspers launched an African women-led technology funding report on October 6, 2026, covering 1,163 founders across 43 countries.
  • Among applicants, 72% raised no equity in the past 12 months; most seek $50,000 to $1 million.
  • Despite 80% being at seed stage or earlier, 47% have generated revenue of at least $10,000.
  • AI features in 43% of applicants' businesses; AI-using ventures employ workers at the same median rate as other applicants.
  • The cohort reports 12,366 jobs, including about 7,300 held by women.


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