287 private capital deals were concluded in Africa in 2024 YTD, just shy of the 5-year average of 294 deals despite an 11% YoY decline. The volume highlights Africa’s sustained investment appeal despite global headwinds.

African venture capital took a hit in 2024. Q3 saw only US$507mn across 108 deals, marking a steep drop in both deal volume and value. Year-to-date, funding stands at US$1.2bn across 313 deals.

This series offers an overview of Africa's Private Capital Activity, with this report highlighting key trends in investments, exits, and fundraising observed during the second quarter of 2024.

Exclusive insights into the development and global comparison of venture capital in Africa; exploring the regions and sectors leading venture capital deals across the continent.

This series offers a collection of exclusive insights spotlighting the development and global comparison of venture capital in Africa; exploring the regions and sectors leading venture capital deals across the continent.

This series offers an overview of Africa's Private Capital Activity, with this report highlighting key trends in investments, exits, and fundraising observed during the first quarter of 2024.

The report provides analysis on the latest trends of fundraising, investments, and exits within African Private Capital Activity in Africa, shedding light on the recent developments that took place during 2023. 

This report offers a collection of exclusive insights spotlighting the development of and global comparison for venture capital in Africa; exploring the regions and sectors leading venture capital deals across the continent.

This report offers a collection of exclusive insights spotlighting the development of and global comparison for venture capital in Africa; exploring the regions and sectors leading venture capital deals across the continent.

A Comparative Analysis of Regulatory Sandboxes and Payment Service Providers

The report offers a comprehensive overview of the African Private Capital Activity in in a global context, shedding light on the recent developments that took place during an eventful first half of 2023.

This report offers a collection of exclusive insights spotlighting the development of and global comparison for venture capital in Africa; exploring the regions and sectors leading venture capital deals across the continent.

We are delighted to present Climate Financing in Africa: Strategies for the Future: a joint report by the African Private Capital Association (AVCA) in partnership with the Tony Blair Institute for Global Change (TBI).

We are delighted to share our fourth edition of the 2022 AVCA Venture Capital in Africa report presenting an overview of the venture capital ecosystem. It provides an analysis of the latest trends and development of Africa’s start-up investment landscape and the profile of the investors active on the continent. 

This edition of the AVCA's Country Snapshot provides a sector analysis of Senegal's business climate, private capital investment evolution, liberal investing landscape, deals and exits. Discover how the Senegalese economic outlook compares to the rest of West Africa.

2021 AVCA’s Venture Capital in Africa report presents an overview of the venture capital ecosystem. It provides an analysis of the latest trends and development of Africa’s start-up investment landscape and the profile of the investors active on the continent.

We are pleased to present the second edition of AVCA's Venture Capital in Africa report, a study of Africa's venture capital deal activity and investors' profile from 2014 to 2020. This report also features investment case studies from AfricInvest and TPG Growth.

AVCA is pleased to announce the release of the second edition of the Africa Sustainability Study. The 2017 edition evaluates private equity’s contribution to and implementation of Environmental, Social and Governance (ESG) standards, job creation, and job quality improvements in Africa.

AVCA is delighted to announce the publication of the Country Snapshot: Côte d'Ivoire. Drawing on data from AVCA’s proprietary databases, the Snapshot provides a broad overview of the private equity landscape in Côte d'Ivoire.

AVCA is pleased to announce the publication of the Spotlight on West Africa Private Equity. The report provides a summary of recent private equity transactions and exits in the region between 2010 and 2016 H1. Our findings reveal that 249 PE deals were completed in West Africa, with a combined value of US$5.4bn.

AVCA is pleased to announce the release of the inaugural Africa Sustainability Study: Job Creation. The study highlights the impact of Africa’s private equity industry on the development of the African continent by quantifying job creation in private equity-backed companies.

AVCA is pleased to announce the publication of the Spotlight on West Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings reveal that 311 PE deals were recorded in the region since 2007 with a total deal value of US$6.1bn.

RisCura, AVCA and SAVCA are pleased to present the first edition of The search for returns: Investor views on private equity in Africa report. The purpose of this report is to provide stakeholders with views on private equity in Africa from the Limited Partner’s (LP’s) perspective. This study examines future investment plans into African private equity, the region’s relative attractiveness, expected return drivers, preferred investment vehicles, and the challenges to investing in the region.