Top 9 investors in Sub-Saharan Africa that took part in the most funding rounds in Mobile/Apps industry over the recent years

Intro

The top 9 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 5 years. They are actively investing in Mobile/Apps industry.

Amount of funding rounds in Sub-Saharan Africa is 14, which is 0.2% of the total amount of rounds in the Mobile/Apps industry over the last 5 years.

Top 9 investors in Sub-Saharan Africa that took part in the most funding rounds in Mobile/Apps industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is Mauritius which hosts 3 funds. There are also funds from South Africa, Nigeria 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. The country of the funds’ establishment and the country of their most frequent investments don’t 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. The two years with the most amount of deals were 2018 and 2014. 2020 and 2015 were less fruitful.
• Investments – Usually VCs take part in 2 – 6 funding rounds per year, sometimes in 2. The minimum number of funding rounds for VCs in the sample is 1, the maximum is 50. Average number of funding rounds is 14.3 while median is 11.0. Minimum amount of lead investments for funds is 1 and maximum is 35. Average amount of lead investments is 8.2 while median is 5.0. The most common amount of lead investments is 1. Index of difference in percentage points of lead investments from the average is between -51.0 and 9.0 for funds in the sample. The average value for this difference is -20.83 and the median is -21.0. It means that these funds act as lead investors less often than other funds. The most common value is -21.0.
• Typical Rounds – Seed and Early stages are more common for funds in the sample. Private Equity and Late stages are less common. Funds usually participate in rounds with 1 – 2 investors, less often in rounds with 2 – 3 or 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. 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 0.81 and median is 0.07. The most common multiplicator value is 0.0.