Wednesday
June 24
2020

Nigeria, Kenya, South Africa Attracted $3.9 Billion VC Deals in 6 Years

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Fintechs, information technology firms, and other companies in Nigeria, Kenya, and South Africa attracted a total of 613 Venture Capital (VC) deals valued at $3.9 billion, between 2014 and 2019.

This is according to a new report that was released yesterday by Africa Private Equity and Venture Capital Association (AVCA), a pan-African organisation that encourages and monitors VC investments on the African continent.

Photo courtesy of ICT4D.at.

Source: Nairametrics (link opens in a new window)

Categories
Entrepreneurship, Investing
Tags
entrepreneurship, fintech, investment funds, venture capital