The financials sector accounted for ** percent of the value of venture capital (VC) deals that were closed in Africa between 2014 and 2020. In addition, the highest number of VC deals were also within this sector. Other sectors attracting significant startup investments on the continent were consumer discretionary, industrials, and utilities.
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African Private Equity and Venture Capital Association. (July 1, 2021). Distribution of value of venture capital deals in Africa between 2014 and 2020, by sector [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/
African Private Equity and Venture Capital Association. "Distribution of value of venture capital deals in Africa between 2014 and 2020, by sector." Chart. July 1, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/
African Private Equity and Venture Capital Association. (2021). Distribution of value of venture capital deals in Africa between 2014 and 2020, by sector. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/
African Private Equity and Venture Capital Association. "Distribution of Value of Venture Capital Deals in Africa between 2014 and 2020, by Sector." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Jul 2021, /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/
African Private Equity and Venture Capital Association, Distribution of value of venture capital deals in Africa between 2014 and 2020, by sector ÌÇÐÄÆƽâ°æ, /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/ (last visited August 05, 2026)
Distribution of value of venture capital deals in Africa between 2014 and 2020, by sector [Graph], African Private Equity and Venture Capital Association, July 1, 2021. [Online]. Available: /statistics/1289456/share-of-value-of-vc-deals-in-africa-by-sector/
