Venture Capital in Africa: Second Edition

We are pleased to present the second edition of AVCA's Venture Capital in Africa report, a study of Africa's venture capital deal activity and investors' profile from 2014 to 2020. This report also features investment case studies from AfricInvest and TPG Growth.

Key Findings:

  • 933 reported VC deals in Africa, 2014-2020
  • 319 reported VC deals in Africa in 2020
  • 2.2x the 140 VC deals reported in 2019
  • Financials accounted for the largest share of VC deals by both volume (22%) and
    value (26%) from 2014 – 2020

We look forward to hearing your thoughts