Africa’s Venture Capital Landscape Shifts: Seed Valuations Soar While Series A Declines in H1 2024
Tech In Africa | Grace Ashiru - Aug 28, 2024
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COVID-19AfricaSeries AH1 2024MENA
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  • Sharp increase in seed-stage valuations in H1 2024.
  • Shift away from pre-seed and accelerated deals.
  • Decline in Series A valuations for the second consecutive year.
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The valuation trends in Africa's venture capital market in H1 2024 indicate a cautious yet optimistic outlook. While seed-stage startups are attracting higher valuations, Series A valuations are declining. Investors are focusing on more established startups and mid-range deal sizes, aligning their strategies with global market uncertainties.
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