Tech startups in Africa raised over 2.4 billion million U.S. dollars in 2023. Of this total, some 674 million U.S. dollars were secured by startups in Kenya. Another 590 million U.S. dollars were invested in companies in Egypt, while South African startups raised 590 million U.S. dollars. Furthermore, Nigerian start-ups secured almost 400 million U.S. dollars in funding. That same year, just over 400 African startups secured funding - most of them were located in the mentioned countries.
Funding value secured by tech startups in Africa as of 2023, by selected country
(in million U.S. dollars)
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Disrupt Africa. (January 27, 2024). Funding value secured by tech startups in Africa as of 2023, by selected country (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/
Disrupt Africa. "Funding value secured by tech startups in Africa as of 2023, by selected country (in million U.S. dollars)." Chart. January 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/
Disrupt Africa. (2024). Funding value secured by tech startups in Africa as of 2023, by selected country (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/
Disrupt Africa. "Funding Value Secured by Tech Startups in Africa as of 2023, by Selected Country (in Million U.S. Dollars)." Statista, Statista Inc., 27 Jan 2024, https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/
Disrupt Africa, Funding value secured by tech startups in Africa as of 2023, by selected country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/ (last visited November 21, 2024)
Funding value secured by tech startups in Africa as of 2023, by selected country (in million U.S. dollars) [Graph], Disrupt Africa, January 27, 2024. [Online]. Available: https://www.statista.com/statistics/1278982/funding-value-secured-by-startups-in-africa-by-selected-country/
