Lagos, Nigeria – Three women-led startups – Wakamedics, Hub Pharm Africa, and Ule Homes – emerged victorious at the 2025 Female Founders and Funders Demo Day, securing cash prizes to scale their innovative solutions after a competitive pitch session in Lagos.
Key Highlights
Winners Circle:
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Wakamedics (Overall Winner) – Healthcare innovation
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Hub Pharm Africa (1st Runner-Up) – Pharmaceutical solutions
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Ule Homes (2nd Runner-Up) – Proptech platform
Program Impact:
17 female founders & 20 aspiring investors trained
8-week intensive mentorship & workshops
Supported by LSETF, AfriGloCal VC & GIZ
Why This Matters
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Women-led businesses receive less than 5% of venture funding in Africa
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Initiative tackles gender gap in tech & investment
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Aligns with Lagos State’s inclusive economic growth agenda
Notable Quotes:
“We’ve seen bold ideas that prove women are reshaping Lagos’ startup ecosystem”
– Ifeoluwa Martins, Head of Startups, Lagos Innovates
“When women lead, they don’t just participate – they transform industries”
– Mrs. Adepeju Adebajo, LSETF Acting Board Chair
The Bigger Picture
The program reinforces:
Lagos as Nigeria’s innovation capital
Public-private partnerships driving female entrepreneurship
GIZ’s commitment to digital skills for women
What’s Next?
Winning startups will receive:
Cash grants (undisclosed amounts)
Continued mentorship
Access to investor networks
