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Start-up funding in online retail in West Africa 2012-2019

In 2019, online retail start-ups in West Africa raised an amount of around 56.6 million U.S. dollars, which represented a decrease of 29.17 million U.S. dollars compared to the previous year. The funding raised in online retail peaked in 2016, at 470 million U.S. dollars. Overall, amounts reached by West African start-ups have fluctuated since 2012.

Start-up funding in online retail in West Africa from 2012 to 2019

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In cooperation with
Techpoint Africa
Release date

September 2020



Survey time period

2012 to 2019

Supplementary notes

According to the source, the start-ups in this statistic have been founded in the West African region with at least one West African co-founder, and raised a million dollar cumulatively between 2010 and 2019.
Start-up funding refers to the amount raised by the start-up companies.

Figures have been rounded.

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