The Nation Newspaper $5.4b venture capital enters Africa in 12 months
The industry-leading annual report on venture capital performance in Africa is a comprehensive overview of Africa’s innovative ecosystem, providing critical insights into the sub-regions, countries, and sectors that have cemented Africa’s rising position as a region for venture capital activity. 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.
In response to these market headwinds, some trends in Africa’s VC ecosystem – which have remained relatively consistent year-on-year – have been disrupted while other trends remained the same. For the first time in almost a decade of consistently strong growth, the number of venture capital deals in Africa decreased by 31 per cent YoY to 545 last year from the record-setting 787 deals struck in 2022.
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