Browsing: Africa : The Big Deal

western Africa startups
  • Western Africa startups have received the highest funding since 2019 to date according to the latest report by Africa: The Big Deal. 
  • The report released on Tuesday indicates that Western Africa startups have received $5.1 billion from 2019 to October 2023. 
  • Eastern Africa came in second having received $3 billion in the period under review while Northern Africa followed with $2.5 billion worth of deals. 

Western Africa startups have received the highest funding since 2019 to October 2023, according to the latest report by Africa: The Big Deal. The report, released on Tuesday, indicates that Western African startups have received $5.1 billion from 2019 to October 2023.

Eastern Africa came in second, having received $3 billion in the period under review, while Northern Africa followed with $2.5 billion worth of deals. In East Africa, 84 per cent of all the funding raised since 2019 was raised by startups in …

Startups raised $2.02 billion in 2019
  • Launch Africa has been named as the most Active investor in Africa, according to the latest data from Big Deal.
  • The data indicates that Launch Africa has been signing more than a deal a week on average in the last two years, and has the widest geographical spread.
  • Launch Africa is followed by Flat6Labs who’s the only one of this very active group to focus exclusively on one region : Northern Africa (with 2/3 in Egypt and 1/3 in Tunisia). 

Launch Africa has been named as the most active investor in Africa, according to the latest data from Africa: The Big Deal. The data indicates that Launch Africa has been signing more than a deal a week on average in the last two years, and has the widest geographical spread.

The firm also got involved in 12 percent of all equity deals between $100k and $10m that happened on the