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

• Naspers launched its Tech FoundHER Africa Challenge Insight Report on October 6, 2026, highlighting funding gaps for African women-led technology companies.
• The report draws on applications from 1,163 women founders across 43 countries.
• Some 72% raised no equity in the past 12 months; most seek $50,000 to $1 million.
• While 80% are at seed stage or earlier, 47% have generated revenue of at least $10,000.
• The ventures report 12,366 jobs, including about 7,300 held by women.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Naspers Limited published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.