In 2023, 46 e-commerce and retail tech start-ups in Africa secured funding, dropping 37.8 percent compared to the previous year. Together, these ventures raised nearly 118.4 million U.S. dollars in funds. E-commerce and retail technology start-ups concentrated around 11.3 percent of the total number of funded tech start-ups in Africa in 2023.
Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023
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Disrupt Africa. (January 27, 2024). Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/
Disrupt Africa. "Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023." Chart. January 27, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/
Disrupt Africa. (2024). Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/
Disrupt Africa. "Number of Funded E-commerce and Retail Tech Startups in Africa from 2019 to 2023." Statista, Statista Inc., 27 Jan 2024, https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/
Disrupt Africa, Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023 Statista, https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/ (last visited September 19, 2024)
Number of funded e-commerce and retail tech startups in Africa from 2019 to 2023 [Graph], Disrupt Africa, January 27, 2024. [Online]. Available: https://www.statista.com/statistics/1278802/number-of-funded-e-commerce-and-retail-tech-startups-in-africa/