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There was last year a study was done about venture, the venture funds that come into the African continent and most especially the East African region. It was 90% of the total venture capital fund that came out from abroad, went into white-run start-ups. So we become a minority in our own certain because we don’t have that access to funding. And this can easily, easily be swayed off if we just build systems that sort of bridge the gap.
Sandra Kerr pointed to data in the United Kingdom showing that COVID-19 has had a disproportionate impact in terms of contagion and deaths among BAME communities. As the pandemic developed and the murder of George Floyd in the United States highlighted the systemic nature of racism, this has shone a spotlight on what businesses should do. Landiwe Mahlangu argued that “we need to ensure that businesses do more than just statements and commitments.
