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…
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…
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…
