In 2019, an amount of 88 million U.S. dollars was raised by startup companies in West Africa through the accelerator Y Combinator, and this was the highest funding received by start-ups in this region. Following this was Techstars, through which 60.5 million U.S. dollars was raised for West African start-ups. As of the same date, the Village Capital accelerator program raised the lowest amount (1.1 million U.S. dollars).
Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator
(in million U.S. dollars)
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.
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Techpoint.africa. (September 21, 2020). Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator (in million U.S. dollars) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/
Techpoint.africa. "Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator (in million U.S. dollars)." Chart. September 21, 2020. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/
Techpoint.africa. (2020). Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/
Techpoint.africa. "Value of Start-up Funding in West Africa from 2010 to 2019, by Start-up Accelerator (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/
Techpoint.africa, Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator (in million U.S. dollars) Statista, https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/ (last visited December 31, 2024)
Value of start-up funding in West Africa from 2010 to 2019, by start-up accelerator (in million U.S. dollars) [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1177442/amount-of-start-up-funding-in-west-africa-by-start-up-accelerator/
