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We analyzed 64 Nigerian
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇳🇬" title="Flagge von Nigeria" aria-label="Emoji: Flagge von Nigeria"> Startups that have raised 100k and above (2019-2020YTD) to identify top sectors, interests, distribution etc
Here are top sectors that have attracted the most deals so far in Nigeria 2020.
72% decline in funding compared to 2019 (see next tweet)
Here are top sectors that have attracted the most deals so far in Nigeria 2020.
72% decline in funding compared to 2019 (see next tweet)
Startups that have raised 100k and above (2019-2020YTD) to identify top sectors, interests, distribution etcHere are top sectors that have attracted the most deals so far in Nigeria 2020. 72% decline in funding compared to 2019 (see next tweet)" title="We analyzed 64 Nigerianhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🇳🇬" title="Flagge von Nigeria" aria-label="Emoji: Flagge von Nigeria"> Startups that have raised 100k and above (2019-2020YTD) to identify top sectors, interests, distribution etcHere are top sectors that have attracted the most deals so far in Nigeria 2020. 72% decline in funding compared to 2019 (see next tweet)" class="img-responsive" style="max-width:100%;"/>
According to our data, Nigerian startups raised approx. $450m in 2019 with 55% concentration in #Fintech and 40% spread across E-commerce, Renewable Energy and #Logistics
However, due to the Covid-19 Pandemic and low investment deals, #Nigeria has seen diverse interests in other sectors like SaaS, Healthcare, BioTech and Crypto.
Financial Services continue to take a larger piece of the pie.
Financial Services continue to take a larger piece of the pie.
Here are the top Startups in Nigeria (by deal size) 2019 & 2020
Discover more Nigerian Startups here: https://startuplist.africa/startups-in-nigeria">https://startuplist.africa/startups-...
