05/10/2021
From $400m received in funding by African startups in 2015 (TechCrunch), to $2bn funding in 2019 (Partech Africa), to $2.4bn received in 2020 (including $1.07bn disclosed funding, $1.12bn in Mergers & Acquisition (M&A), and $243m undisclosed funding according to Briter Bridges), and to the projected $2.8b in funding for 2021 (Quartz Africa), African startups have become a toast of both local and foreign investors.
With an average African startup's seed round of $1.5m (Quartz Africa), the Financial Technology (FinTech) sector got 31% of the funding in 2020, followed by CleanTech (Renewable Energy) with 22%, Health with 9%, Education with 8%, Agriculture with 7%, Data and Analytics with 7%, e-Commerce with 5%, Logistics with 4%, and Mobility (Transport) with 3%.
Nigeria, being one of the top 5 countries of investment interest in Africa (others are Kenya, Egypt, South Africa, and Ghana), continues to lead in the Venture Capitalists (VC)'s top destination for funding, with $307m investments in 2020 (Briter Bridges).
However, many Nigerian startups are still unable to get funding largely due to their inability to properly plan their businesses.
If you're in this situation, you need not worry.
My team at has helped at least 5 Founders and Co-Founders get between $150K and $300k in funding in the last 2 years.
Trust me, proper business planning is the game changer, we know what investors want to see in your Business Plan and we can help you communicate it effectively.
If you have a business idea/startup, especially if it is technology-related (not limited to it), investors are looking for you to fund your business.
Kindly send a mail to [email protected] or a WhatsApp message to 07085155510 to get started.
This link - https://bit.ly/3BhYLCy also takes you directly to our WhatsApp page.
Exceptional delivery is guaranteed.