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Startups in Africa

ÌÇÐÄÆÆ½â°æ overview report on Africa's thriving startup and venture capital scene

Rapid economic growth and digitalization have recently fueled new business creations on the African continent, resulting in soaring venture capital investment. By launching new digital products and services, startups are contributing to boosting innovation and technological development. Reflecting current market gaps in the African market, the fintech and e-commerce segments emerged as leading sectors of activity.

This report explores the current startup scene in Africa. After an overview of entrepreneurial activities on the continent and key markets (Nigeria, Egypt, South Africa, and Kenya), it dives into the tech sector, funding landscape, success rates, and exit strategies.

Table of contents

Startup activities

  • Startup density
  • Most favorable countries
  • Female entrepreneurs

Tech space
  • Tech environment
  • Fintech and e-commerce
  • Main players and unicorns

Country focus
  • Nigeria
  • Egypt
  • South Africa
  • Kenya

Startup funding
  • VC deals
  • Key countries
  • Investors

Success rates and exit strategies
  • Success by funding stage
  • Exit deals
  • IPOs

Conclusion and outlook

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