African startup funding activity 2020, by type

Value of capital invested in startups in Africa in 2020, by type of funding

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Release date

January 2021



Survey time period


Supplementary notes

Source includes the following information on page 4:
"2.4 billion U.S. dollars in capital deployed and acquisition value across Africa were recorded by our investment activity tracking in 2020. Our report estimates:

a) a minimum of 1.07 billion U.S. dollars in disclosed funding, which includes a variety of investment vehicles such as equity, debt, grants, mezzanine financing, convertible and SAFE notes;

b) 1.12 billion U.S. dollars in disclosed M&A market, and

c) at least 243 million U.S. dollars in non-publicly disclosed deals according to the information made available to Briter Bridges by 70+ investors who directly contributed to the report."

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