In their usual country breakdown, we can see that Tanzania and Senegal have particularly had an impressive year, despite the fact that total funding has been dominated by a single startup.
Here’s how it looks like:
- Nigeria – $1.37 billion
- South Africa – $838 million
- Egypt – $588 million
- Kenya – $375 million
- Senegal – $222 million
- Tanzania – $96 million
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According to the report, an additional $1 million – $10 million have ben raised across 9 extra countries followed by 6 countries with less than $1 million.
The above stats also leave out the $250 million raise by Chipper Cash since this cannot be pinned to a specific country.
Further to that, in terms of the spread of the deals, the 4 leading countries have atleast 100 deals include:
- Nigeria – More than 200 deals
- South Africa – 100+
- Kenya – 100+
- Egypt – 100+
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