In 2023, Africa raised 2.9 billion U.S. dollars in start-up funding, excluding exits. The latter included equity, debt, and other sources of funding. The highest amount raised in the years observed was 4.6 billion U.S. dollars in 2022, and the lowest in 2020, at 1.1 billion U.S. dollars.
Funding raised by start-ups excluding exits in Africa from 2019 to 2023
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Africa The Big Deal. (January 17, 2024). Funding raised by start-ups excluding exits in Africa from 2019 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/
Africa The Big Deal. "Funding raised by start-ups excluding exits in Africa from 2019 to 2023 (in billion U.S. dollars) ." Chart. January 17, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/
Africa The Big Deal. (2024). Funding raised by start-ups excluding exits in Africa from 2019 to 2023 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/
Africa The Big Deal. "Funding Raised by Start-ups excluding Exits in Africa from 2019 to 2023 (in Billion U.S. Dollars) ." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/
Africa The Big Deal, Funding raised by start-ups excluding exits in Africa from 2019 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/ (last visited December 22, 2024)
Funding raised by start-ups excluding exits in Africa from 2019 to 2023 (in billion U.S. dollars) [Graph], Africa The Big Deal, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1469768/funding-raised-by-startups-excluding-exits-in-africa/