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Venturing into the intricate world of African venture capital, Nigeria emerges as a beacon of financial innovation and growth, providing a fascinating backdrop to the unfolding narrative of Q3 2023.

Generally, the continent experienced a remarkable 28% year-on-year increase in capital raised, making Africa the sole region to showcase growth during that quarter.

In comparison, venture capital funding in Africa outpaced Latin America, with a substantial $2.9 billion raised between Q1 and Q3 2023, a stark contrast to Latin America’s $1.6 billion within the same period.

Notably, Nigeria commands 43% of the total capital invested in Fintech startups across Africa, portraying its influence in shaping the sector’s trajectory. However, the quartet of Nigeria, Egypt, Kenya, and South Africa witnessed a noteworthy shift, with Nigeria raising $398.2 million, lagging behind Kenya’s impressive $756.2 million.

Despite facing setbacks in funding, the nation proudly hosts unicorn tech companies like Flutterwave, Opay, Interswitch, and others.


In the global VC and tech community, a ‘unicorn’ is universally acknowledged as a privately held tech startup with a valuation of $1 billion or more on paper.

However, it’s important to note that most of these companies have multiple venture capital investors who, in exchange for equity, have played a pivotal role in their growth.

Traditionally, men have often been recognized as the primary contributors in this venture capital landscape.

Nevertheless, as we continue to celebrate March as women’s month with an emphasis on inspiring inclusion and accelerated growth it becomes imperative to shine a spotlight on the influential women catalyzing change within venture capital firms and for startups in Nigeria, some of which boast valuations as high as $1 billion.

The impact of these women is palpable, extending from investments in some of Nigeria’s highest-valued tech companies to providing invaluable business mentorship and guidance.

Their contributions challenge traditional narratives and show the vital role that women play in shaping the future of the Nigerian tech ecosystem.

Their stories add depth to the narrative, reminding us that Women’s Day is not only about celebrating achievements but also acknowledging the ongoing journey toward equity and inclusivity.

Here are ten female venture capital executives in Nigeria, supporting the country’s unicorns and fostering growth in its tech ecosystem.

Gaspardd:
I live in a rural environment working on a project, I have many girls as a friends and I like them a lot.

I feel good whenever they ask me for help and it feels good being able to help with freedom from outcome.

Then there's this guy close to my house...he acts like all this Red pill fücktards, he dresses nice, speaks good English; not that it's a bad thing but shït u re in a typical village, common sense should tell you that u re supposed to dumb down a lil bit.
He's always bragging about him not spending shi shi on a girl and stuff and how he has lands and businesses in some places.

Well long story short.... Monica told me how dude has been trying to get in with his queen's English and how he came to her house kneeling down begging for Love, promising to rent another apartment if I'm d problem. Babe wey this guy dey see for my house ooo.

My point is that most of you guys forming hard guy re just creeps and doesn't have Sense but the hard guy and Red pill bullshit is just to cover up your weakness.

Rahkman:
when you are ready you will tell urself the truth ...name just 2 popular product from osun state,the only thing that state is know for is davido his twerking uncle who is the governor and skull mining

Rahkman:
you go explain tire .....oshogbo backward skyline full Google, continue to dey deceive urself...ur ibadan lagos express no fit hide una skull mining enclave, na the reason why all of una dey claim lagos

Good2go1:
I am no longer hearing Igbo go and develop your place. I wonder what has changed

AcuraZDX:
What about the governors of Osun your slum state, from 1999-2023?

Jeon:
Why is he emotional and full of tears? , men aren't suppose to be emotional. He should move on, broken marriage don't have effects on Men.

😁

ibechris:
No be for ekiti a woman sold her new born for 2million last month.

No be for Ogun state three men murdered a woman and sold her parts to ritualist for a ridiculous amount.

Sometimes,keeping quiet is saner.

OfficialAPCNig:
You guys really need to go back to school.

Poverty rate in China is 19.7%, meaning over 280 million people in China are poor, which is even more than the population of Nigeria.

Now, will you say that Nigeria is richer than China?

No.

Poverty rate in Nigeria is a ccording to the NBS is 40.1% in 2019 and 63% in 2022.

It means nearly two-third of our population are poor while less than one-third of Chinese are poor.

Keep boasting with absolute numbers while SE continue to flog una with the data the matters.

😂😂😂

OfficialAPCNig:
It's disappointing that you guys don't understand percentage and it's functions.

SE is RICHER, MORE EDUCATED, and SAFER than SW.

Deal with it 😂😂😂😂

Fiscus105:
I think ur brain malfunctiond, that thy u quickly forgot that u claimed to be superior in game of women

If a lady say no for the first time ,it means,she disrespects you? Kabiye the first son of tinubu I salute you o!

I say sorry for you and ur foolish gragra alpha nonsense you belong to on faceless forum. They claim bigger boys online but beg for ordinary attention of ladies physically.

Oga, any girl you ask out and open leg for u instantly, she isn't sign of respect for you but a sign that you are totally worthless, because the girl herself is a worthless and that is how she say yes for every guy.

Meanwhile, can u swear with anything good you have that, in ur life,. ....you have never for once re-toasted girls that said no before.

I don't need explanation just swear.

OfficialAPCNig:
I dey shame for you.

Do you even know the work of percentage.

Now, let's use your stats to do the calculations:

67% of 30 million is 20 million, meaning only 20 out of 30 million people from SW are rich, while 10 million are not.

67% of 20 million is 13.4 million, which means only 6.6 million are not rich.

Percentages are used instead of absolute numbers when the population sizes of the two comparing entities differ.

Go back to school.

OfficialAPCNig:
You are seeing evidence and you are still throwing tantrums like a kid whose lollipop was taken.

If you remove the number of Igbos in SW, poverty rate in SW will even increase.

Which one is the highest intensity and degree of poverty?

FYI, SE has the lowest number in the Social Register of Most Vulnerable Households in Nigeria.

"Most Vulnerable Households' is the right word to use and SE has the lowest.

Richest households - SE first

Poorest Households - SE last

😂😂😂

OfficialAPCNig:
😂😂😂

OfficialAPCNig:
Forget Lagos - Ibadan expressway newspaper propaganda, SE is RICHER than SW.

If you provoke me, I'll upload the latest poverty distribution data from NBS.

Even with Lagos una dey claim with una lives, SE is still ahead when it comes to having the lowest number of poor people and lowest poverty rate.

😂😂😂

OfficialAPCNig:
Is Dangote Refinery in Yoruba land? Compare projects in Ogun, Ondo, Osun, Ekiti, and Oyo with what are in the SE.

😂😂😂

OfficialAPCNig:
I said the cost of the Shell plant is worth more than the GDP of Ogun state. The money that went into building that plant is worth more than all the economic activities that go on in the whole OGUN

😂😂😂