In 2021, Nigeria was the African country attracting the highest value of early-stage startup funding deals, totaling almost 5.9 million U.S. dollars. Egypt ranked second with a total value of around 5.8 million U.S. dollars. On the continent, early-stage startup funding (before Series A and equal to or below 550,000 U.S. dollars) exceeded five million U.S. dollars only in Nigeria and Egypt.
Value of early-stage funding deals in startups in Africa in 2021, by country
(in 1,000 U.S. dollars)
Characteristic
Value in thousand U.S. dollars
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Statista. (July 21, 2022). Value of early-stage funding deals in startups in Africa in 2021, by country (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/
Statista. "Value of early-stage funding deals in startups in Africa in 2021, by country (in 1,000 U.S. dollars)." Chart. July 21, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/
Statista. (2022). Value of early-stage funding deals in startups in Africa in 2021, by country (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/
Statista. "Value of Early-stage Funding Deals in Startups in Africa in 2021, by Country (in 1,000 U.S. Dollars)." Statista, Statista Inc., 21 Jul 2022, https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/
Statista, Value of early-stage funding deals in startups in Africa in 2021, by country (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/ (last visited July 22, 2024)
Value of early-stage funding deals in startups in Africa in 2021, by country (in 1,000 U.S. dollars) [Graph], Statista, July 21, 2022. [Online]. Available: https://www.statista.com/statistics/1327573/value-of-early-stage-startup-funding-deals-in-africa-by-country/