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Story perspectives

LaunchPad Empowers Women Entrepreneurs with $250K Investment

8/20/2025

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Story summary
  • The LaunchPad, an investment platform for women-led startups, was announced at GITEX Nigeria 2025 by NITDA and Alami Capital.
  • Women own 27% of African businesses but receive only 7% of venture capital.
  • The initiative will allocate $250,000 to five selected ventures after the event.
  • It includes a Funding Pavilion, dialogues, and investor clinics to support women entrepreneurs.
  • The LaunchPad focuses on equity investment and long-term growth for women in Africa.