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Number of venture capital equity deals closed by digital and tech startups in selected African countries in 2020

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Source

Release date

January 2021

Region

Africa

Survey time period

2020

Special properties

VC deals in tech & digital spaces; 347 start-ups

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Number of VC equity deals completed by start-ups in Africa 2020, by country

Published by ÌÇÐÄÆƽâ°æ Research Department, Jun 17, 2021
In 2020, the African country where the highest number of venture capital (VC) equity funding deals were completed was Egypt. A total of approximately ** VC equity deals were completed by startups in Egypt, followed by the ** equity deals completed by startups in South Africa. The third place ranking is completed by Nigeria, wherein tech and digital startups closed a total of ** VC equity deals. Conversely, startups in Nigeria received the highest value of equity funding in Africa in 2020, which amounted to approximately *** million U.S. dollars.
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Venture capital in North AmericaM&As worldwidePrivate equity worldwideFintechStartups worldwide
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