Browsing: africa venture capital

Investing in Africa: Trends driving Private Equity and Venture Capital in Africa

Africa has boasted promising prospects for investors looking to invest in the continent’s untapped sectors and industries, attractive growth opportunities and an improving business environment.

Venture Capital in Africa has seen significant growth in recent years and as the entrepreneurial space on the continent matures it remains optimistic. In addition, once the African Continental Free Trade Area is fully implemented it will significantly shape the path of Venture Capital and Private Equity.

According to a report by the African Private Equity and Venture Capital Association (AVCA), the trends that will drive Private Equity and Venture Capital in Africa are in sectors such as Health Care, renewable energy, Agriculture and ICT and Digitalisation.

Health Care Sector

In the years leading to 2020, the health care sector in Africa was already experiencing significant growth and attracting private equity investments.

In 2020 H1, the health care sector accounted for the largest share …

Angle Fair

On the 5th of November 2020, the 8th Angel Fair Africa will be virtual instead of in Dakar, Senegal due to the global pandemic[1]. $23M of deals have happened over the last seven events which brought selected entrepreneurs to pitch to a room of angel investors whose primary intent was to DO DEALS[2]. In April last year, Connected Med who was in our 2016 cohort was bought by the pharmaceutical giant Merck – the first exit by any company that has participated in our event.[3] The events have also resulted in numerous joint ventures, trade, sales, mentorship, relationships and other deals that we not have even recorded.

 

In September 2013 when we launched the event in South Africa my friend Russell Southwood, editor of Balancing Act Africa wrote the most amazing headline – “Angels Over Johannesburg – South Africa hosts the first …