S2 Ep. 12: How Future Females Invest is Closing the Financing Gap for African Women with Torera Abiola and Aysha Tegally

WHERE’S THE FUNDING?

English - June 30, 2021 12:30 - 42 minutes - 29 MB
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Previous Episode: Entrepreneur Helps Women Producers Connect to Markets and Increase Incomes with Comfort Adjahoe-Jennings S2 Ep.11

Next Episode: Real Estate Investor Teaches People How to Buy Vacant Land With No Financing with Jantzen Young S2 Ep.13

Aysha Tegally and Torera (Tori) Abiola are the co-founders of Future Females Invest. Both Aysha and Tori came together around the lack of access to finance for African female founders. In 2019 Future Females Invest merged with Tori’s WOWe (Women of West Africa Entrepreneurs) to become truly Pan-African; financially empowering and enabling African female founders. Future Females Invest is changing systems by providing consultancy, training, access to investment and markets, ecosystem support to African women entrepreneurs, investors, NGOs, and gender empowerment advocates in public and private sector organizations.

Key interview highlights:

Mentorship is nice but women need access to capital to complement that in order for them to make the financial investments needed to grow their business
Women themselves can act as barriers to accessing investment by not always having the confidence to ask for what they want or feel the need to over-prepare before they make an ask compared to their male counterparts.
To improve the ecosystem for more women to be able to access capital systems change is needed to have more women in decision-making roles such as women on the Boards of funds and in C-suites and senior positions are banks where decisions are made also as investors.
Women Angel Investors have a unique role to play by investing in more business sectors where you tend to find more women entrepreneurs such as in the beauty industry and the baby market.

Guest Social Media: Torera Abiola and Aysha Tegally

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