Distribution of start-up funding in online retail in West Africa 2010-2019, by firm

Published by
Doris Dokua Sasu,
Sep 2, 2022
The company Jumia was the leading key player in online retail among start-ups in West Africa between 2010 and 2019, and it represented 91.2 percent (986.5 million U.S. dollars) of all amount raised in this industry within that period. Konga accounted for 7.4 percent of start-up funds raised within the same period, which amounted to 79.5 million U.S. dollars.

Distribution of start-up funding in online retail in West Africa from 2010 to 2019, by company

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Release date

September 2020

Region

Africa

Survey time period

2010 to 2019

Supplementary notes

The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019. Start-up funding in this data refers to the amount raised by start-up the companies.
br> Figures have been rounded.

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