African private capital markets experienced a record-high volume of deals in 2022- a 46% year-on-year growth. This is one of the main take aways from the African Private Capital Association’s (AVCA) 2022 African Private Capital Activity Report [below]. The annual report offers insights into private capital fundraising, investments and exits in Africa. “Catalysed by venture capital deal flows, 2022 attracted the second-highest private capital investment over the last decade.”Have you read? AVCA said venture capital was the most active asset class, accounting for 74% of the total private capital deal volume and over half of private capital deal value.

Source: The North Africa Journal May 09, 2023 08:20 UTC