Venture Capital in Africa: Mapping Africa’s start-up investment landscape
Publish Date: 24-06-2020
Publish Frequency: 4
Source: African Private Equity and Venture Capital Association
Synopsis: In this context, VC activity in Africa has seen significant growth in recent years. The total number and value of VC deals reported on the continent reached a six-year record high in 2019. Fintech dominates the African start-up scene, but afro-entrepreneurship has also exploded within the Utilities, Logistics & Transportation, E-Commerce, Healthcare and Agribusiness sectors. In terms of countries, South Africa, Kenya and Nigeria have attracted the bulk of VC investments between 2014 and 2019, reflecting similar patterns to PE activity on the continent.
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