Startup Landscape in Tanzania

Tanzania has over 3,271 startups across the country. Of these, 293 are funded companies that have collectively raised $1.72B in venture capital and private equity. A total of 178 investors have participated in 377 funding rounds, with 11 startups securing early-stage funding and 3 raising late-stage funding. In the last five years, 422 new companies have been founded, raising over $2.52M in funding. Startups in Tanzania have witnessed 25 acquisitions and 26 IPOs, while 450 startups wrapped up operations. Additionally, 59 companies have been founded by women.