Most of the early-stage startup funding in Africa went to Nigeria in 2021. That year, the country received
17.6 percent of the total number of funding in Africa. Closely following this were startups in Egypt, which accounted for 17.3 percent of the funding. Overall, West Africa was the leading region in terms of early-stage startup funding in Africa as of 2021.
Share of early-stage startup funding in Africa in 2021, by country
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TechCabal Insights. (July 21, 2022). Share of early-stage startup funding in Africa in 2021, by country [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/
TechCabal Insights. "Share of early-stage startup funding in Africa in 2021, by country ." Chart. July 21, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/
TechCabal Insights. (2022). Share of early-stage startup funding in Africa in 2021, by country . Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/
TechCabal Insights. "Share of Early-stage Startup Funding in Africa in 2021, by Country ." Statista, Statista Inc., 21 Jul 2022, https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/
TechCabal Insights, Share of early-stage startup funding in Africa in 2021, by country Statista, https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/ (last visited January 05, 2025)
Share of early-stage startup funding in Africa in 2021, by country [Graph], TechCabal Insights, July 21, 2022. [Online]. Available: https://www.statista.com/statistics/1326767/share-of-early-stage-funding-in-africa-by-country/
