In the fourth quarter of 2024, 63 start-ups in Africa managed to secure at least one million U.S. dollars. In the same period, the funding raised by start-ups (comprising equity and debt) in Africa amounted to 500 million U.S. dollars. During the period reviewed, the highest number of start-ups raising at least one million U.S. dollars was registered in the first quarter of 2022, at 125. The total amount raised by those startups reached 1.8 million U.S. dollars.
Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024
(in billion U.S. dollars)
Characteristic
Funding raised by start-ups through $1m+ deals (equity+debt)
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Africa The Big Deal. (April 9, 2024). Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/
Africa The Big Deal. "Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024 (in billion U.S. dollars) ." Chart. April 9, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/
Africa The Big Deal. (2024). Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/
Africa The Big Deal. "Total Funding Raised by Start-ups in Africa from 1st Quarter 2019 to 1st Quarter 2024 (in Billion U.S. Dollars) ." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/
Africa The Big Deal, Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/ (last visited December 22, 2024)
Total funding raised by start-ups in Africa from 1st quarter 2019 to 1st quarter 2024 (in billion U.S. dollars) [Graph], Africa The Big Deal, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1471764/quarterly-funding-raised-by-start-ups-in-africa/
