The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019.
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Value of non-accelerated start-up funding 2019, by industry
Between 2010 and 2019, out of around *** billion U.S. dollars received through non-accelerated start-ups in West Africa, the online retail industry accounted for nearly *** billion of it. The second highest amount was raised by the financial services sector, which reached million U.S. dollars (**** percent of the total non-accelerated funding). Furthermore, funding received through non-accelerated West African start-ups within the given time period was more than the amount raised through accelerated start-up companies.
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Techpoint.africa. (September 21, 2020). Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. "Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars)." Chart. September 21, 2020. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. (2020). Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. "Value of Non-accelerated Start-up Funding in West Africa as of 2019, by Industry (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Sep 2020, /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa, Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/ (last visited August 03, 2026)
Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: /statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
