Research & Publications
31 October 2024
Q3 2024 Private Capital Activity in Africa
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.
Research & Publications
16 September 2024
Q2 2024 Private Capital Activity in Africa
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.
Research & Publications
29 May 2024
Q1 2024 Private Capital Activity in Africa
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.
Research & Publications
23 May 2024
Private Capital Regional Landscape: Southern Africa
This report marks the first in a new series examining private capital landscapes across Africa's diverse regions. Focused on Southern Africa, this premier edition coincides with AVCA’s landmark 20th Annual Private Equity Conference and Venture Capital Summit in Johannesburg, South Africa.
Research & Publications
31 March 2024
2023 African Private Captial Activity Report
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. 
Research & Publications
12 September 2023
UNLOCKING THE POTENTIAL OF DIGITAL PAYMENTS IN AFRICA:
A Comparative Analysis of Regulatory Sandboxes and Payment Service Providers
Research & Publications
7 August 2023
2023 Q1-Q2 Private Capital Activity in Africa
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.
Research & Publications
26 April 2023
2022 African Private Capital Activity Report
This report provides an analysis on the latest trends of fundraising, investments, and exits unfolding across the continent in 2022.
Research & Publications
6 April 2023
2023 AVCA Country Spotlight: Egypt
We are pleased to share the 2023 AVCA Country Spotlight: Egypt, featuring a country overview and economic outlook. Egypt’s diversified economy presents opportunities in several sectors and is one of Africa’s industrial heavyweights, maintaining its position among the top attractive investment destination in Africa in 2022.
Research & Publications
29 September 2022
2022 H1 African Venture Capital Activity Report
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.
Research & Publications
29 September 2022
2022 H1 African Private Capital Report
In this report we present an analysis on the latest trends of fundraising, dealmaking & exits unfolding across the continent from January to September 2022.
Research & Publications
20 April 2022
AVCA Country Snapshot: Senegal
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.
Research & Publications
14 December 2021
Pension Funds and Private Equity in Nigeria Study
Co-authored by AVCA and PenOp | We are delighted to present the inaugural Pension Funds and Private Equity Report, produced in partnership with the Pension Fund Operators Association of Nigeria (PenOp). This report exemplifies our commitment to providing topical, independent, and thoughtful research to the industry. Our hope is that this report serves as a practical exposé for industry professionals on the factors driving Nigerian pension funds’ views of investing in private equity.
Research & Publications
7 October 2021
2021 H1 African Private Equity Data Tracker
A provisional look at 2021 half-year private equity activity in Africa, including funds, deals and exits.
Research & Publications
20 April 2021
Sector Snapshot: Healthcare
AVCA is pleased to announce the publication of its latest sector snapshot on healthcare. The snapshot provides a concise overview of private equity and venture capital activity in the healthcare sector between 2015-2020.
Research & Publications
20 April 2021
Sector Snapshot: Technology
AVCA is pleased to announce the publication of its latest sector snapshot on technology. The snapshot provides a concise overview of private equity and venture capital activity in the technology sector between 2015-2020.
Research & Publications
29 March 2021
2020 Annual African PE Data Tracker
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.
Research & Publications
28 September 2017
2017 H1 African Private Equity Data Tracker 
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.
Research & Publications
4 April 2017
Sector Snapshot: Infrastructure 
AVCA is pleased to announce the publication of its latest report - Sector Snapshot: Infrastructure. The Snapshot provides a concise overview of private equity activity in the infrastructure sector from 2011 - 2016.
Research & Publications
28 February 2017
2016 Annual African Private Equity Data Tracker 
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.
Research & Publications
1 November 2016
AVCA Spotlight on North Africa Private Equity
AVCA is pleased to announce the publication of the Spotlight on North Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings reveal that 156 PE deals were completed in the region between 2007 and 2014 with a combined value of US$5.3bn.
Research & Publications
1 November 2016
AVCA Spotlight on East Africa Private Equity
AVCA is pleased to announce the publication of the Spotlight on East Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings show that PE activity in East Africa is rising with 158 reported transactions between 2007 – 2014 and deal values totaling US$1.5bn.
Research & Publications
31 October 2016
AVCA Country Snapshot: Ethiopia
AVCA is delighted to announce the publication of the Country Snapshot: Ethiopia. Drawing on data from AVCA’s proprietary databases, the Snapshot provides a broad overview of the private equity landscape in Ethiopia.
Research & Publications
1 October 2016
Sector Snapshot: Infrastructure
AVCA is pleased to announce the publication of its latest report - Sector Snapshot: Infrastructure. The Snapshot provides a concise overview of private equity activity in the infrastructure sector from 2012 -2015.
Research & Publications
29 September 2016
2016 H1 Annual African Private Equity Data Tracker 
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.
Research & Publications
1 February 2016
Annual African Private Equity Data Tracker
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.
Research & Publications
1 November 2015
AVCA Spotlight on West Africa Private Equity 
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.
Research & Publications
1 November 2015
AVCA Spotlight on North Africa Private Equity
AVCA is pleased to announce the publication of the Spotlight on North Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings reveal that 156 PE deals were completed in the region between 2007 and 2014 with a combined value of US$5.3bn.
Research & Publications
1 October 2015
AVCA Spotlight on Southern Africa Private Equity
AVCA is pleased to announce the publication of the Spotlight on Southern Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings reveal that 341 PE deals were completed in the region between 2007 and 2014 with a combined value of US$6.7bn.
Research & Publications
1 October 2015
AVCA Spotlight on East Africa Private Equity
AVCA is pleased to announce the publication of the Spotlight on Southern Africa Private Equity. The report provides a summary of recent private equity transactions, exits and fundraising activity in the region. Our findings reveal that 341 PE deals were completed in the region between 2007 and 2014 with a combined value of US$6.7bn.
Research & Publications
1 February 2015
AVCA African Private Equity Data Tracker
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.
Research & Publications
1 August 2012
The Private Equity Climate in Africa: Embracing The Lion
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.