2024 was a challenging year for Africa’s venture capital ecosystem, registering a 22% drop in deal value and a 28% decline in deal volume—outstripping every other region in scale. This report provides an overview of the current events shaping Africa's startup investment landscape, including the entrepreneurial and venture activity seen on the continent.

This report examines the drivers of growth in the region’s investment ecosystem and the opportunities emerging across its diverse markets. Between 2012 and H1 2024, Francophone Africa has attracted US$4.8bn across 356 private capital deals.

Le rapport Panorama du Capital-Investissement Régionale : Afrique Francophone examine les moteurs de la croissance de l'écosystème d'investissement de la région et les opportunités qui émergent sur ses divers marchés. Entre 2012 et le premier semestre 2024, l'Afrique Francophone a attiré 4,8 Md$ à travers 356 opérations de capital-investissement.

A Comparative Analysis of Regulatory Sandboxes and Payment Service Providers

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.

The African Private Equity and Venture Capital Association (AVCA) and PwC are delighted to launch the first report analysingexits of African private equity (PE) portfolio companies on the global capital markets. This report provides a historic analysis of PE-backed initial public offerings (IPOs) of African portfolio companies, including companies with significant operations in Africa, between 1 January 2010 and 31 December 2017. We have examined a number of metrics including the volume and value of PE-backed versus non-PE-backed IPOs, pricing, and performance. While the capital markets have been an important exit route for private equity houses around the globe, we have noted that PE exits via an IPO in Africa have tracked below other markets. We hope this document begins a dialogue around measures to be taken to further drive African PE exits on domestic or international exchanges.

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 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.