IWD: Only 10% of global funding reaches female-led startups, expert laments 

IWD: Only 10% of global funding reaches female-led startups, expert laments 

Economic expert, Ismaila Yusuf Atus, has raised concerns about the slow progress of gender equality across the world, stressing the urgent need for systemic change to close the global gender gap.

In a statement to mark this year’s International Women’s Day, on Saturday, Atus, who is the Managing Director of Atus West African Investment, noted the alarming disparities in pay, funding, and leadership opportunities for women.

He referenced troubling statistics, including a 20 per cent global wage gap and the fact that only 10 per cent of global funding reaches female-led startups, despite evidence that women-led businesses yield higher returns.

According to him, symbolic gestures and awareness campaigns are inadequate without measurable progress.

He called for immediate action to address persistent gender disparities, urging organisations and advocates to move beyond rhetoric and actively…
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