Five years ago, the annual VC investment in Africa was difficult to come by any number. Nowadays the challenge is choosing which number to follow.
The same is the case with three project funding studies for Africa, with diversified results.
Numbers and variables
Investment data released by Media Outlet Africa, DatabaseV Tracker and Africa-focused fund Partik has left some people sad.
From Ptec to the high The VC Tracker is estimated to cost $ 2 billion for 2019 startups for African startups, compared to the $ 1.3 billion estimate and $ 496 million from Africa.
It has grown substantially to an estimated $ 1.5 billion. Variations were filtered by different VC values, though this was a little less sharp.
Partek and VTracker share the same top three countries for investing 2019 VC in Africa – Nigeria, Kenya, and Egypt – but with a difference of $ 100 million.
Africa Affiliates with a Different Leadership Lead for Startup Investment in the Subcontinent – Kenya – Although its estimate of $ 149 million for the East African country is $ 500 million less than the VC leader of Partick and VTracker, Nigeria.
So is the calculation of major deviations? TechCrunch Each organization spoke (and reviewed the reports) and the controversial statistics were derived in different ways – that is, explaining what startups and African startups are.
Partek’s overall voice valuation for the continent is achieved by defining a wide range of parameters and investment volumes for companies.
“We do not limit the definition of startups based on the age of the funds acquired or their size,” Tidjane Dam, Partick General Partner, told TechCrunch.
For example, this fund incorporates a $ 200 million investment in Visa’s Nigerian financial services company Intersch General Chat Chat Lounge The corporate round was definitely tech-related, though some would rate Interwatch – which started in 2002, acquires companies, and has a venture fund at its inception.
Partek’s high annual VC pricing for Africa startups can also be linked to the following secret investment data.
The fund’s report revealed, “We … collect and analyze unknown interests, accessing more detailed information through our relationships within the ecosystem.”
The V-Tracker method also incorporates data from unidentified startup investors and opens the count for funding beyond VC.
“Debt / debt, grants / awards / rewards / non-equity grants, crowd funding, [and] ICOs, “WeTracker explained in a procedural note.
Disrupted Africa used conservatism more in all companies and investments. “What we consider startups to be a little too tight,” the site’s co-founder Tom Jackson told TechCrunch.
“In the clearest scenario, the headquarters of the African city will be located in Africa, founded by an African, and Africa will have to be its primary market,” Jackson noted, adding that all these factors will always Don’t stay upright.
“Disruptions in Africa deal with this issue on a case-by-case basis,” he said.
Partick was more open in its definition of African startups, including investments for tech companies that consider Africa to be its primary market, but do not insist on joining the continent or operating a headquarters.
Focusing on Africa, New York’s Headquarters Tech Talent Accelerator opens the way to include the major round of 2019, investing in Andela and opera verticals, such as Opa in Nigeria.
In addition to following a more conservative definition of African origin, the news of Africa’s disruption was important to early-stage projects. The site report mainly calculates investment for companies established in the last five years and does not exclude “spin-offs of corporates or any major corporation.” [has]… Developed past the point of being a start. “
Shared in reports
For all the differences in the annual VC count for Africa, there were some common threads regarding the V Tracker, Partick, and Disruption of Africa investment barriers.
The first was the rise of Nigeria – which has Africa’s largest population and economy – as the top destination for early VC investment in the continent.
Second, Fintech was ranked as the most funded startup sector in Africa, receiving 54% of all Vice Chancellor’s $ 678 million for startups in VTracker’s study, Partick reports. ۔
An unfortunate common occurrence in each report was the progress of the initial investment in English-speaking Africa. None of the three francophone countries made it to the top five. Only Senegal enrolled in Partick’s country list, in 2019 VC had a whopping $ 16 million.
Decar Angel Network launched last year to eliminate the resource gap for startups in French-speaking African countries.
The last amount
African startups may not have the right or wrong status for annual investment, only three reports cover the different ways in which individual images are drawn.
Partek and Wee Tracker offer a wide-ranging view of the various types of financing available to tech companies operating in Africa. Estimates for Africa are more specific than a standard definition of VC that originates and operates in Africa.
Three reports with different numbers on investment at the beginning of the continent are a definitive upgrade that was not available until this time: There are very few statistics on the Vice Chancellor in Africa.