Statista overview report on Africa's thriving startup and venture capital scene
Rapid economic growth and digitalization have recently fueled new business creations on the African continent, resulting in soaring venture capital investment. By launching new digital products and services, startups are contributing to boosting innovation and technological development. Reflecting current market gaps in the African market, the fintech and e-commerce segments emerged as leading sectors of activity.
This report explores the current startup scene in Africa. After an overview of entrepreneurial activities on the continent and key markets (Nigeria, Egypt, South Africa, and Kenya), it dives into the tech sector, funding landscape, success rates, and exit strategies.
Startup activities
We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.
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