In 2021, the value of equity funding deals closed in Africa amounted to around 2.7 billion U.S. dollars. This represented a peak since 2016 and a significant increment compared to 2020. That year, equity funding deployed into startups headquartered in Africa added up to 773 million U.S. dollars. In the same period, the number of deals increased annually.
Value of equity funding deals in Africa from 2016 to 2021
(in million U.S. dollars)
The source specifies that figures include equity financing into private companies and funding rounds to VC-backed companies, which are defined as "companies that have received funding at any point from VC firms, corporate venture arms, or Angel investors".
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Magnitt. (March 7, 2022). Value of equity funding deals in Africa from 2016 to 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/
Magnitt. "Value of equity funding deals in Africa from 2016 to 2021 (in million U.S. dollars)." Chart. March 7, 2022. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/
Magnitt. (2022). Value of equity funding deals in Africa from 2016 to 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/
Magnitt. "Value of Equity Funding Deals in Africa from 2016 to 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Mar 2022, https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/
Magnitt, Value of equity funding deals in Africa from 2016 to 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/ (last visited December 04, 2024)
Value of equity funding deals in Africa from 2016 to 2021 (in million U.S. dollars) [Graph], Magnitt, March 7, 2022. [Online]. Available: https://www.statista.com/statistics/1294556/value-of-equity-funding-deals-in-africa/
