As of 2023, startups in Kenya managed to raise around 800 million U.S. dollars. The startup scene was also popular in Egypt, with 640 million U.S. dollars raised, followed closely by South Africa with 600 million U.S. dollars. Moreover, Ethiopia and Guinea raised only three million U.S. dollars each. Startups in countries such as Mali, Somaliland, and Angola raised below one million U.S. dollars each.
Start-up funding raised in Africa in 2023, by country
(in million U.S. dollars)
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Africa The Big Deal. (January 17, 2024). Start-up funding raised in Africa in 2023, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/
Africa The Big Deal. "Start-up funding raised in Africa in 2023, by country (in million U.S. dollars)." Chart. January 17, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/
Africa The Big Deal. (2024). Start-up funding raised in Africa in 2023, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/
Africa The Big Deal. "Start-up Funding Raised in Africa in 2023, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/
Africa The Big Deal, Start-up funding raised in Africa in 2023, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/ (last visited November 21, 2024)
Start-up funding raised in Africa in 2023, by country (in million U.S. dollars) [Graph], Africa The Big Deal, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1470280/start-up-funding-raised-in-africa-by-country/
