2015-06-10

Which African country gets the most venture capital investment?


Omar Mohammed looks at which African countries are attracting investors.

As the venture capital sector expands and matures across the continent more jobs are being created more frequently, says a new venture capital study. In particular the two largest economies, Nigeria and South Africa are attracting more investment that helps drive interest beyond their own borders.

But where is the money going? South Africa leads the continent in terms of investments its entrepreneurs are receiving.  Meanwhile, Nigeria gets the highest number of VC investments while Kenya boasts the most foreign based investments, according to data by Venture Capital for Africa, a platform that profiles ventures in the continent.