AVCA has released its 2024 African Private Capital Activity Report, providing insights into the evolving investment landscape across the continent. Drawing on proprietary data across fundraising, investments, and exits, the report affirms the strength and maturity of Africa’s private capital ecosystem despite persistent global macroeconomic headwinds.

The proceeds will be used to increase local production of cement in Ghana and install the world’s largest calciner system to date, which will reduce CO2 emissions by up to 20 per cent per ton cement produced.