News Article — September 21, 2023 — Mansi Gupta

Co-designing Solutions to close the gender-financing Gap in Africa

Audacious Angels Partners Promo Slide Show

Female-founding teams in Africa only received an abysmal 1% of total funding on the continent in 2021. To close the gender-fundraising gap, Make-IT in Africa together with Unconform launches the ScaleX Project to support early-stage gender-lens ecosystem actors in Africa build stronger solutions, relationships, and communities.

The ScaleX Project convenes key early-stage gender lens investing (GLI) actors in Africa to cross-pollinate ideas, co-create solutions, and build relationships to accelerate more equitable funding systems.

The project will...

  • identify key GLI barriers and catalyse high leverage innovative solutions around the challenges
  • weave community among key ecosystem actors to drive ownership & long-term collaboration
  • increase visibility, momentum and knowledge on the needs and aspirations of the African GLI landscape.

The project centres the program around 5 exciting gender-lens organizational leads, along with a group of experts, collaborators and mentors, to dig into the most pressing and urgent challenges chosen leads. The ScaleX project team will guide the leads through problem-framing, co-ideation, solution mapping and design over two in-person events in November 2023 and January 2024 in Berlin and Cape Town, respectively.

We’re excited to announce that our partner organisations are:

Yemi Keri from Rising Tide Africa

Lisa G. Thomas from Advancing Women in Investing (AWI)

Elizabeth Howard from Women in African Investments (WAI)

Douja Gharbi from DAMYA Angels

Hema Vallabh from Five35 Ventures

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