Between 2010 and 2019, most of the people who invested in start-ups in West Africa were not from the African continent. Specifically, 120 investors came from the United States, representing the main country of origin of investors. Among the 19 leading places of origin, Nigeria, South Africa, Kenya, Mauritius, and Ghana were the only African countries with more than one MWAS investor.
Number of start-up investors in West Africa between 2010 and 2019, by country of origin
Refers to start-ups founded in the West African region with at least one West African co-founder, and that raised a million dollars cumulatively between 2010 and 2019 (MWAS).
The source adds the following information: "This graph does not take into account countries with one MWAS investor and countries that participated in one deal."
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Techpoint.africa. (September 21, 2020). Number of start-up investors in West Africa between 2010 and 2019, by country of origin [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/
Techpoint.africa. "Number of start-up investors in West Africa between 2010 and 2019, by country of origin." Chart. September 21, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/
Techpoint.africa. (2020). Number of start-up investors in West Africa between 2010 and 2019, by country of origin. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/
Techpoint.africa. "Number of Start-up Investors in West Africa between 2010 and 2019, by Country of Origin." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/
Techpoint.africa, Number of start-up investors in West Africa between 2010 and 2019, by country of origin Statista, https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/ (last visited December 22, 2024)
Number of start-up investors in West Africa between 2010 and 2019, by country of origin [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1177454/number-of-start-up-investors-in-west-africa-by-country/
