Early-stage funding into e-commerce technology companies in Africa 2019-2021
The value of early-stage funding into e-commerce technology enterprises in Africa amounted to 2.67 million U.S. dollars in 2021. The value increased significantly compared to the previous year when startup funding stood at around 1.9 million U.S. dollars. However, early-stage investments in e-commerce technology firms decreased from 2019. In the period under review, most funding deals on the continent were secured in North Africa.