Top 7 investors in Sub-Saharan Africa that took part in the most funding rounds in E-Commerce industry over the recent years

Intro

The top 7 investors according to the total amount of funding rounds. These are VC funds and corporate investors in Sub-Saharan Africa that have invested over the last 2 years. They are actively investing in E-Commerce industry.
E-Commerce is about buying and selling goods and services over the internet. It includes online auctions and marketplace, price comparison, and consumer reviews.

Amount of funding rounds in E-Commerce is 10, which is 11.5% of the total amount of rounds in Sub-Saharan Africa over the last 2 years.

Top 7 investors in Sub-Saharan Africa that took part in the most funding rounds in E-Commerce industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is Nigeria which hosts 4 funds. There are also funds from South Africa, Mauritius and Kenya. All funds are based in different cities. No city grouping tendencies were found in this sample. There is no investment geofocus for VCs in the sample. All of them invest in startups from different countries. For 3 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 Finance. They also invest in Real Estate, Retail and Legal.
• 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 2, the maximum is 42. Average number of funding rounds is 13.7 while median is 4.0. The most common amount of funding rounds for VCs in the sample is 3. Index of difference in percentage points of lead investments from the average is between -46.0 and 29.0 for funds in the sample. The average value for this difference is -10.8 and the median is -16.24. It means that these funds act as lead investors less often than other funds.
• Typical Rounds – The most common investment stage for funds in the sample is the Early Stage stage. Seed and Private Equity stages are less common. No grouping tendencies in the amount of investors in the funding rounds were found in this sample. The most common round size for VCs in the sample is less than 100 thousands. Less common range is 100-500 million. The most common average multiplicator for portfolio companies at the last known valuation for funds in the sample is 0.0. 0.72 and 0.36 are less common.