In 2020, one quarter of all equity funding in Africa went to fintech startups. Startups active in the fintech sector raised 356 million U.S. dollars in that year, compared with 179 million U.S. dollars raised by agritech startups. The number of venture capital equity deals closed across the continent has increased year-on-year since 2015.
Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical
(in million U.S. dollars)
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Value in million U.S. dollars
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Partech. (January 29, 2021). Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/
Partech. "Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical (in million U.S. dollars)." Chart. January 29, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/
Partech. (2021). Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/
Partech. "Volume of Venture Capital Equity Invested in Digital and Tech Startups in Africa in 2020, by Industry Vertical (in Million U.S. Dollars)." Statista, Statista Inc., 29 Jan 2021, https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/
Partech, Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical (in million U.S. dollars) Statista, https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/ (last visited August 25, 2024)
Volume of venture capital equity invested in digital and tech startups in Africa in 2020, by industry vertical (in million U.S. dollars) [Graph], Partech, January 29, 2021. [Online]. Available: https://www.statista.com/statistics/1237363/value-of-equity-startups-africa-by-vertical/