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Sectors such as #fintech
, #edtech
, and @health
across #Africa
are seeing the highest activity thanks to several initiatives thanks to industry and impact focus players such as @CF_BFA, @microtraction, @MastercardFdn, and the wave of #COVID19-related funding.
, #edtech, and @health across #Africa are seeing the highest activity thanks to several initiatives thanks to industry and impact focus players such as @CF_BFA, @microtraction, @MastercardFdn, and the wave of #COVID19-related funding.
#Investment does indeed seem to have been slower in #March and probably in Q2 but rushed, apocalyptic conclusions can be detrimental to accurate analyses. Investors will likely have to sit down with #founders and rethink runway in light of less vibrant markets.
Large ticket #funding remains significantly polarised as #SouthAfrica, #Nigeria, #Kenya, and #Egypt account for 85% of total #investment to #Africa since January 2020, while #Francophone #Africa and #CentralAfrica, #CIV aside, are yet to see M+ deals.
Finally, #EasterSunday special
, here is a breakdown, by n° of deals, of ticket size range for #investment in #Africa in Q1 '20 as part of the #QuarterlyBulletin. Lots of activity at Early Stage, as players from @ycombinator to @microtraction deploy <$150K into young startups.
, here is a breakdown, by n° of deals, of ticket size range for #investment in #Africa in Q1 '20 as part of the #QuarterlyBulletin. Lots of activity at Early Stage, as players from @ycombinator to @microtraction deploy <$150K into young startups.
