TechCrunch did a synopsis just lately on Africa’s 2019 VC stats. Analyses from funding fund Partech and media retailers Disrupt Africa and WeeTracker got here up with diversified numbers, however there was a standard pattern: the top two nations for enterprise capital to startups throughout all three research have been Nigeria and Kenya.
TechCrunch coated a quantity of the main investments in these markets in 2019. Here’s a take a look at the VC numbers and the corporations receiving rounds in Africa’s leading startup nations.
How a lot VC?
There’s some fairly vital variance in the estimates for annual enterprise funding in Africa. From excessive to low, Partech pegged complete 2019 VC for African tech corporations at $2 billion, in comparison with WeeTracker’s $1.three billion estimate and Disrupt Africa’s $496 million.
The deviations come largely from the completely different methodologies used to outline startups and enterprise funding.