Insight

  • The State of African Startup: A half year Report 2023 

    The global economy has been sluggishly combatting with high inflation rates, and challenging global and domestic financial conditions. However, Africa has been remarkably resilient. Overall, Africa retains a high growth trajectory with an average real GDP growth rate projected to grow by 4% in 2023/2024 relatively above the glo…

  • African Startup Insight: A Q1 Report 2023  

    Africa’s big four which are: Nigeria, Kenya, Egypt, and South Africa accounted for much of Africa’s startup funding. Egypt got the most funding – $492.7 million. South Africa followed in second place with $254.2 million, while Nigeria ($52.6 million) and Kenya ($42.8 million) rounded up the top four. Ethiopia, Ghana, Morocco, M…

  • 2022 Africa Startup Report

    In this report we detail the value of funding flowing into Africa’s various markets, the number of funding rounds raised in each country and sector, average deal sizes, as well as standout deals. We have provided analysis of seven key markets across the continent, as well as details of funding…

  • 2021 Africa Startup Report

    DFP has been committed to delivering adequate and verifiable information on African startups since its establishment. With our 2021 Africa Startup Report, we hope to offer deep insight into the ecosystem, expand our visibility, and demonstrate our deep understanding and analytical capability within the African startup ecosystem…