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.

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.

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 marks the third edition of the AVCA’s Private Capital Industry Survey, offering a comprehensive exploration of the perspectives, plans, preferences, and expectations of 88 investors, including both Limited Partners (LPs) and General Partners (GPs) actively involved in Africa’s private capital industry.

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.

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).

This report provides an analysis on the latest trends of fundraising, investments, and exits unfolding across the continent in 2022.

In the report we present an overview of the African venture capital ecosystem, spotlighting the latest global trends and development during the highly eventful start to the year for Africa’s innovation ecosystem.

In this report we present an analysis on the latest trends of fundraising, dealmaking & exits unfolding across the continent from January to September 2022.

A provisional look at 2021 half-year private equity activity in Africa, including funds, deals and exits.

AVCA is pleased to present the second edition of the African Private Equity Industry Survey, a study that provides insight into how both LPs and GPs are evaluating the African private equity industry.

We are pleased to present the AVCA Annual African Private Equity Data Tracker; a report showcasing 2020's African private equity fundraising, deals, and exits trends. This report also features regional spotlights and investment case studies.

AVCA is delighted to present the fourth edition of the AVCA Limited Partner (LP) Survey, which examines global investor views about private equity in Africa and return expectations in an evolving industry. Given the evolving global geopolitical landscape, it is more important than ever to undertake investor outreach in order to identify consensus views that will impact our industry. This year’s report finds that despite its challenges, LPs continue to see the appeal of African private equity.

AVCA’s 2017 H1 African Private Equity (PE) Data Tracker provides a provisional look at half year PE activity in Africa. PE deals remained targeted in consumer-driven sectors in 2017 H1. Consumer Staples (including investments in the African packaged food industry) saw a rise relative to 2016. Telecoms and Materials also showed an increase in terms of deal values as a result of a handful of large transactions in the first half of 2017.

The 2016 Annual African Private Equity Data Tracker draws on data from AVCA’s proprietary private equity (PE) database and provides insights into key trends in PE investment and fundraising in Africa from 2011 – 2016. Our findings show that deal activity in Africa continues to be strong even in an increasingly volatile global economic environment.

AVCA is delighted to release the inaugural 2016 H1 African Private Equity (PE) Data Tracker. The report provides insights into key trends in PE investment and fundraising in Africa from 2010-2016 H1. Our findings show that deal activity and fundraising in Africa remain resilient.

AVCA is pleased to announce the release of the third edition of its Limited Partner Survey, which provides insights into the views, plans and expectations of a diverse range of LPs from across the globe.

The Annual African Private Equity Data Tracker draws on data from AVCA’s proprietary private equity (PE) database and provides insights into key trends in PE investment and fundraising in Africa from 2010 – 2015. Our findings show that deal activity in Africa continues to be strong even in an increasingly volatile global economic environment.

AVCA is pleased to present the second edition of the Limited Partner Survey. The purpose of this report is to provide stakeholders with views, plans and expectations on private equity in Africa from the Limited Partner’s (LP’s) across the globe.

The African Private Equity Data Tracker draws on data from AVCA’s proprietary private equity (PE) database and provides insights into key trends in PE investment and fundraising in Africa from 2007 – 2014. Our findings show that deal activity on the Continent remains strong with US$8.1bn worth of deals completed in 2014 - the second highest on record.

Often referred to as the ‘final frontier’ market by private equity investors, Africa is showing signs of promise due to its rapidly improving economic environment, favorable demographics and growing private sector business activities. Investors who are diligent in their research of investment opportunities have been able to realize outsized returns while minimizing perceived risks. Opportunities exist across the continent, which has been largely overshadowed as an emerging markets private equity destination by hot BRIC markets.