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Value of accelerated start-up funding 2010-2019, by industry

Most funding raised by West African start-ups through accelerated programs between 2010 and 2019 was from the financial services sector, which accounted for 99.45 million U.S. dollars followed by the mobility and logistics industry (46.08 million U.S. dollars). Overall, funding received from non-accelerated start-ups in West Africa within the given period were more than the amount raised through accelerated start-up companies in the same region.

Value of accelerated start-up funding in West Africa from 2010 to 2019, by industry

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Source

In cooperation with
Techpoint Africa
Release date

September 2020

Region

Africa

Survey time period

2010 to 2019

Supplementary notes

The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019.

Figures have been rounded.

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