In 2020, funding activity across Africa's startup scene varied in terms of amount of funding and funding type. The majority of funding came from merger and acquisition deals, which amounted to approximately 1.12 billion U.S. dollars. Disclosed funding amounted to approximately 1.07 billion U.S. dollars, and undisclosed funding amounted to approximately 240 million U.S. dollars.
Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars)
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Briter. (January 11, 2021). Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/
Briter. "Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars) ." Chart. January 11, 2021. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/
Briter. (2021). Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/
Briter. "Value of Capital Invested in Startups in Africa in 2020, by Type of Funding (in Billion U.S. Dollars) ." Statista, Statista Inc., 11 Jan 2021, https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/
Briter, Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/ (last visited May 23, 2024)
Value of capital invested in startups in Africa in 2020, by type of funding (in billion U.S. dollars) [Graph], Briter, January 11, 2021. [Online]. Available: https://www.statista.com/statistics/1236454/value-of-capital-invested-in-startups-in-africa-by-type/