Africa
Continent / region · Pop. 1549.9M
Startup funnel
Africa's startup funnel
Companies headquartered in Africa at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
Quarterly report
Africa's latest quarter in venture capital
Venture capital raised by companies in Africa each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by companies in Africa…
Enterprise value
How much Africa’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Africa, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Africa
VC investment into Africa-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Africa
A live treemap of the largest VC rounds. Each cell is one round into Africa-headquartered companies, grouped by Dealroom sector.
Largest rounds in Africa - 2026
Country leaders
Which Africa countries raise the most — and grow the fastest
VC investment by country across Africa. Pick a year (the current year is year-to-date) and switch between the biggest markets and the fastest-growing ones.
Academia
Africa's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Africa.
Location comparison
How Africa stacks up
Compare Africa with peers from other continents / multi-country regions — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top regions globally ranked by combined EV. Africa's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | World | $44T | 5.5× | 4,192 | $448B | 298.1K |
| 2 | North America | $31.5T | 6.3× | 2,499 | $288B | 125.1K |
| 3 | Asia | $8.9T | 3.9× | 1,036 | $87.6B | 77K |
| 4 | EMEA | $4.5T | 4.7× | 930 | $86.7B | 93.2K |
| 5 | Europe | $3.7T | 4.5× | 751 | $71.5B | 78.3K |
| 6 | European Union | $2.2T | 4.4× | 450 | $37.9B | 50K |
| 7 | Nordics | $562B | 5.0× | 110 | $8.4B | 8,609 |
| 8 | South America | $506B | 10.8× | 73 | $4.9B | 8,992 |
| 9 | Oceania | $344B | 9.9× | 58 | $5.4B | 5,914 |
| 10 | Central Eastern Europe | $191B | 5.2× | 63 | $2.3B | 7,423 |
| 11 | MENA | $132B | 14.0× | 34 | $5B | 4,671 |
| 12 | Africa | $74.3B | 9.4× | 14 | $1.5B | 4,691 |
More data
Explore Dealroom data →Get the full Africa ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.