L. With

Is there a gender gap in financing Africa’s early-stage ventures? And are there differences between female and male founders—such as the sectors they choose, or the ambitions they have—that could explain divergent funding paths? As start-up financing in Africa keeps climbing to new records, these questions are becoming more urgent. To find answers, we leveraged Briter Bridges’ leading industry platform to comb through years of deal flow data and surveyed a random sample of 172 entrepreneurs operating across the continent.