Top 16 investors in Sub-Saharan Africa with the biggest sum of funding rounds over the recent years

Intro

The top 16 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Sub-Saharan Africa that have invested over the last 2 years.

Amount of money raised in funding rounds in Sub-Saharan Africa is $203.2M, which is 0.0% of the total amount of money raised over the last 2 years.

Top 16 investors in Sub-Saharan Africa with the biggest sum of funding rounds over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common countries among top VCs are Nigeria and Kenya. They host 5 VCs each. There are also funds from South Africa and Mauritius. The most common city is Nairobi which is home to 4 funds. There are also funds from Lagos, Johannesburg and Ikoyi. VCs tend to invest in startups from The United States, but also invest in startups from The United Kingdom, Panama, and Nigeria. For 2 funds in the sample, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Banking. They also invest in Enterprise Software, Real Estate and Manufacturing.
• Important Years – The oldest fund in the sample was founded in 1984 and the newest one in 2018. In 2006 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2010 to 2021. For some funds, 2018 was the year with the most amount of deals.
• Investments – Usually VCs take part in 2 funding rounds per year, sometimes in 2 – 6. The minimum number of funding rounds for VCs in the sample is 1, the maximum is 50. Average number of funding rounds is 9.0 while median is 3.5. The most common amount of funding rounds for VCs in the sample is 1. Minimum amount of lead investments for funds is 0 and maximum is 35. Average amount of lead investments is 5.2 while median is 2.0. The most common amount of lead investments is 0. Index of difference in percentage points of lead investments from the average is between -71.0 and 29.0 for funds in the sample. The average value for this difference is -10.63 and the median is -19.17. It means that these funds act as lead investors less often than other funds. The most common value is 29.0.
• Typical Rounds – The most common investment stage for funds in the sample is Early stage. Private Equity, Seed and Debt stages are less common. Funds participate in rounds with 2 – 3 or 1 – 2 investors more often than in rounds with 3 – 4 or 12 – 13 investors. The most common average round size for these funds is less than 100 thousands. Other common ranges are 100 thousands – 1 million and 1 – 5 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is 0.0 at minimum and 6.37 at maximum. Average value for this multiplicator is 0.61 and median is 0.0. The most common multiplicator value is 0.0.