TED Talks Daily The funding gap in start-up investing | Temie Giwa-Tubosun
Apr 26, 2022
Temie Giwa-Tubosun, an entrepreneur delivering life-saving medical supplies to remote areas in Africa, discusses the critical funding gap affecting women-led startups. She shares inspiring examples of female ventures and emphasizes the need for better investment opportunities for Black female entrepreneurs. Giwa-Tubosun highlights the challenges faced by women in securing funding while encouraging investors to support innovative ideas. Her call to action champions a more inclusive startup landscape that recognizes the potential of diverse founders.
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Female Entrepreneurs in Africa
- Uganda has the highest number of female entrepreneurs globally, followed by Botswana and Ghana.
- Despite this, African businesses are underrepresented on global stock exchanges.
LifeBank's Origin
- Temie Giwa-Tubosun's difficult childbirth experience in Nigeria inspired her entrepreneurial journey.
- Witnessing the high maternal mortality rate due to lack of access to blood motivated her to start LifeBank.
Africa's Healthcare Challenge
- Africa possesses the necessary medical resources like blood and oxygen, but logistical challenges hinder their timely delivery.
- LifeBank addresses this by using technology to connect supply and demand, ensuring last-mile delivery of essential medical supplies.