In September 2022, the African company PEG Africa - operating in the solar power sector - was acquired by Bboxx for a value of 200 million U.S. dollars. Earlier that year, Axa Credit announced that it would be acquired by Chari for 22 million U.S. dollars. Moreover, the management buyout of UCOOK, amounting to 12.3 million U.S. dollars, was also announced in 2022.
Value of selected startup acquisitions and buyouts in Africa in 2022
(in million U.S. dollars)
Only startups operating in Africa with their HQ in or outside Africa but with African founders have been captured. Only publicly disclosed funding deals are captured.
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StartupList Africa. (October 17, 2022). Value of selected startup acquisitions and buyouts in Africa in 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/
StartupList Africa. "Value of selected startup acquisitions and buyouts in Africa in 2022 (in million U.S. dollars) ." Chart. October 17, 2022. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/
StartupList Africa. (2022). Value of selected startup acquisitions and buyouts in Africa in 2022 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/
StartupList Africa. "Value of Selected Startup Acquisitions and Buyouts in Africa in 2022 (in Million U.S. Dollars) ." Statista, Statista Inc., 17 Oct 2022, https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/
StartupList Africa, Value of selected startup acquisitions and buyouts in Africa in 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/ (last visited November 09, 2024)
Value of selected startup acquisitions and buyouts in Africa in 2022 (in million U.S. dollars) [Graph], StartupList Africa, October 17, 2022. [Online]. Available: https://www.statista.com/statistics/1345201/value-of-selected-startup-acquisitions-and-buyouts-in-africa/
