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#AfricaTechSummit: Florence Yula on Championing Women in Tech and Growing VC Interest in Namibia, Botswana, Uganda, and Rwanda.

by Ifeanyi Abraham
February 21, 2025
in African Startup Ecosystem
Reading Time: 3 mins read
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Determined to make her mark, whether championing Africa’s tech ecosystem in her home country of Kenya or leading impactful VC initiatives across West Africa, Florence Yula has earned the reputation of “Miss Connector.” Known for her ability to foster meaningful collaborations, she brings together founders, investors, and innovators from across the continent to drive growth and innovation.

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As the Country Director at Remode and Director of Women in Tech Kenya, Yula’s current roles allow her to foster inclusive growth and promote diversity within the tech sector. Her impactful roles in venture capital at Microtraction and Loftync Capital have additionally supported her influence across Africa’s startup ecosystem.

At the Africa Tech Summit, Yula shared her insights on the growth of women in tech, the shifting dynamics of venture capital funding across Africa, and the importance of expanding investment opportunities beyond the traditional “big four” markets.

Speaking about the summit’s significance, she remarked:

“This summit offers a unique pan-African perspective that’s rare in global events. It brings together founders, investors, and ecosystem builders from across the continent.”

Women in Tech: Closing the Gender Gap

Yula is passionate about fostering inclusivity within the tech space. As the Director of Women in Tech Kenya, she champions the importance of women in leadership roles:

“I’m really grateful to see more women participating in the tech space. Increasing the number of women in decision-making roles helps reduce disparities and drives innovation.”

Venture Capital Shifts: Moving Beyond the Big Four

Yula highlighted emerging trends within Africa’s venture capital landscape:

“Investors are becoming more cautious with their funding, taking longer with due diligence. But what’s exciting is the shift toward newer markets—countries like Namibia, Botswana, Uganda, and Rwanda are positioning themselves as new hubs for tech innovation.”

Building Connections for Growth

For startups, Yula emphasized the importance of networking:

“Founders need to leverage the connections they’ve made here—whether it’s by following up with investors, reaching out to limited partners, or seeking out collaborations beyond traditional hubs.”

She also believes that ecosystem builders have a responsibility to spread tech events across lesser-known markets:

“It’s time we take these summits beyond cities like Nairobi. There’s untapped potential in other regions.”

The Power of Events in Africa’s Tech Growth

“Africans are inherently communal. These events are where meaningful relationships form—whether between founders, investors, or ecosystem builders.”

Yula emphasized that while events are essential, the value comes from active participation:

“The real impact of events like this lies in how attendees engage. The platform is created, but it’s up to each person to maximize its potential.”

A Message for Africa’s Tech Innovators

Yula concluded with a note of encouragement:

“Stay curious, remain fearless, and keep pushing boundaries. Africa’s tech ecosystem is full of potential—it just needs innovators willing to take the leap.”

With influential voices like Florence Yula leading the way, Africa’s tech scene continues to grow stronger, setting the stage for sustainable growth and global influence.

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