Between 2010 and 2019, Andela raised 99.5 percent of all start-up funding in the human resources sector in West Africa, which amounted to 181 million U.S. dollars. Talent2Africa raised only 0.5 percent (one million U.S. dollars) of the whole amount. These two companies were the only ones in human resources out of all the 51 start-ups in West Africa.
Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company
The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019.
Start-up funding in this data refers to the amount raised by a start-up company.
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Techpoint.africa. (September 21, 2020). Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/
Techpoint.africa. "Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company." Chart. September 21, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/
Techpoint.africa. (2020). Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/
Techpoint.africa. "Distribution of Start-up Funding in Human Resources in West Africa from 2010 to 2019, by Company." Statista, Statista Inc., 21 Sep 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/
Techpoint.africa, Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/ (last visited November 13, 2024)
Distribution of start-up funding in human resources in West Africa from 2010 to 2019, by company [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177344/share-of-start-up-funding-in-human-resources-in-west-africa-by-company/