@avc Very interesting analysis, I wonder if someone has done this math for very dynamic emerging VC markets such as #africa where we see exponential growth in deal activity from €500 Mio to €2bn between 2017 and 2019according to @PartechPartners@tidjanedeme
UPDATE: ❗$1BN mark reached❗
Meet the 7️⃣7️⃣ #startups in #Africa that raised $1M+ funding in 2019:
📊$1.1B raised cumul. in 83 deals
📊15 (19%) (co)founded by women
📊35% are in #Fintech
📊75% funding goes to🇳🇬(55%!) 🇿🇦🇰🇪
📊168 different investors
Let me know if I missed any !
Opening Keynote of H.E. Dr Angela Merkel at #G20InvestmentSummit: increased transparency in #CompactwithAfrica states helps German investors, along with new instruments Africa Connect, the Business Network Africa, AfricaGrow and the Special Initiative Training and Jobs @BMZ_Bund
#KfW Development Bank (on behalf of @BMZ_Bund) in collaboration with @AllianzGI_DE launches AfricaGrow, a new EUR 200 million Venture Capital/ Private Equity Fund of Funds targeting SME development on the African continent