Venture capital (VC) deals in Africa had a value of 1.1 billion U.S. dollars in 2020. From 2014 onwards, the value of early-stage funding on the continent increased significantly and peaked at 1.5 billion U.S. dollars in 2019. The number of deals also grew in the same period, from 69 in 2014 to 319 in 2020.
Value of venture capital (VC) deals in Africa from 2014 to 2020
(in billion U.S. dollars)
The source adds the following information:
"Venture Capital (VC) is defined as financing that investors provide to start-up and early-stage companies and includes seed and post- seed to late stage VC funding.
Deals value includes equity, mezzanine, and debt when the latter is part of a larger transaction that also involves equity. Deals value includes the estimated African allocation for companies that have raised capital to expand or strengthen their presence in multiple markets including Africa.
Deals dates are mainly taken to be the date on which the deal is announced, unless otherwise specified."
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African Private Equity and Venture Capital Association. (July 1, 2021). Value of venture capital (VC) deals in Africa from 2014 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/
African Private Equity and Venture Capital Association. "Value of venture capital (VC) deals in Africa from 2014 to 2020 (in billion U.S. dollars)." Chart. July 1, 2021. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/
African Private Equity and Venture Capital Association. (2021). Value of venture capital (VC) deals in Africa from 2014 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/
African Private Equity and Venture Capital Association. "Value of Venture Capital (Vc) Deals in Africa from 2014 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2021, https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/
African Private Equity and Venture Capital Association, Value of venture capital (VC) deals in Africa from 2014 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/ (last visited January 04, 2025)
Value of venture capital (VC) deals in Africa from 2014 to 2020 (in billion U.S. dollars) [Graph], African Private Equity and Venture Capital Association, July 1, 2021. [Online]. Available: https://www.statista.com/statistics/1290272/value-of-venture-capital-deals-in-africa/
