Between 2010 and 2019, out of around 1.6 billion U.S. dollars received through non-accelerated start-ups in West Africa, the online retail industry accounted for nearly 1.1 billion of it. The second highest amount was raised by the financial services sector, which reached 250.7 million U.S. dollars (15.3 percent of the total non-accelerated funding). Furthermore, funding received through non-accelerated West African start-ups within the given time period was more than the amount raised through accelerated start-up companies.
Value of non-accelerated start-up funding in West Africa as of 2019, by industry
(in million U.S. dollars)
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.
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Techpoint.africa. (September 21, 2020). Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. "Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars)." Chart. September 21, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. (2020). Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa. "Value of Non-accelerated Start-up Funding in West Africa as of 2019, by Industry (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
Techpoint.africa, Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/ (last visited November 10, 2024)
Value of non-accelerated start-up funding in West Africa as of 2019, by industry (in million U.S. dollars) [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1177507/amount-of-non-accelerated-start-up-funding-by-industry/
