2019 has been a record year in terms of investment for African Tech start-ups, in particular for Pre-Seed and Seed stage companies. FinTech, Transport and Logistics, AgTech, Solar Energy all fared well, and markets such as payments saw a number of large later-stage deals.
In this report, we look at some of the market drivers behind the figures and offer our thoughts on how we see VC investment evolving throughout 2020.