HYBR Group

From the early stages of Africa’s start-up ecosystem, deal size progressively increased, with greater significance in 2019 when outsized deals such as the $100m for Andela started to show up in the market. There was a slow down in deal average size during 2020 the peak for Covid 19 through to 2021 — however, 2022 is pointing to a bigger average deal size on the backdrop of higher start-up valuations currently in the market.

Pictograph prepared by Tatenda Tawonezvi from Equities Nest

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