Top 8 investors in Sub-Saharan Africa that took part in the most funding rounds in Telecommunications industry over the recent years

Intro

The top 8 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 3 years. They are actively investing in Telecommunications industry.

Amount of funding rounds in Sub-Saharan Africa is 9, which is 0.2% of the total amount of rounds in the Telecommunications industry over the last 3 years.

Top 8 investors in Sub-Saharan Africa that took part in the most funding rounds in Telecommunications industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The majority of VCs are located either in South Africa or Nigeria. There are also funds from Mauritius. All funds are based in different cities. No city grouping tendencies were found in this sample. VCs tend to invest in startups from The United States, but also invest in startups from The United Kingdom, Panama, and Nigeria. For 1 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, Sales and Retail.
• Important Years – The oldest fund in the sample was founded in 1984 and the newest one in 2017. In 2006 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2005 to 2020. For some funds, 2014 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 14.8 while median is 12.0. The most common amount of funding rounds for VCs in the sample is 12. Minimum amount of lead investments for funds is 0 and maximum is 35. Average amount of lead investments is 8.8 while median is 6.5. The most common amount of lead investments is 1. 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 -12.48 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 -21.0.
• Typical Rounds – The most common investment stage for funds in the sample is Early stage. Seed, Private Equity and Late stages are less common. Funds participate in rounds with 2 – 3 or 1 – 2 investors more often than in rounds with 3 – 4 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. The most common average multiplicator for portfolio companies at the last known valuation for funds in the sample is 0.0. 6.37 and 0.21 are less common.