The two countries of the WAEMU zone that are Côte d’Ivoire and Senegal are among the top 10 African countries that attracted the most funding for start-ups in 2016, reads data made available by Partech Venture, an American firm specializing in startup financing technology companies.

In this ranking, Cote dIvoire with $ 13 million attracted for its start-ups, occupies the 5th place.

Senegal is in 9th place, with $ 6.5 million in investment attracted to the sector.

Together, these two countries have mobilized $ 19.5 million (NULL, 5 billion FCFA) for the support of start-ups. This is a real success, when we know that the rates offered by banks in francophone Africa south of the Sahara, oscillate between 10% and 22%.

Faced with this difficult access to credit, these start-ups benefit from several financing solutions. If Cameroon is not among the top ten countries that have received funding, Aldo Fotso, who is a national of this country, tries to find solutions, via its platform Africangels.

In this field of start-up financing, Nigeria has taken the lead in Africa, with nearly $ 109.3 million in attracted funding.

It is followed by South Africa (NULL, $ 7 million) and Kenya (NULL, $ 7 million).

In total, according to share-based venture data, Africa in 2016 received $ 366.8 million for 77 start-ups.

AgenceEconfin

About The Author

CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

Related Posts

Leave a Reply

Your email address will not be published.