Decline in Venture Capital Exits in Africa: Insights from the H1 2024 Venture Investment Report
Africa's venture capital landscape experienced a 40% decrease in exits compared to the first half of 2023. South Africa accounted for nearly half of the total exits in the region, showing a significant increase in its share.
Africa’s H1 2024 VC Trends: FinTech Leads, Agriculture and Logistics Rise
FinTech maintained its position as the most funded industry in Africa, but saw a slight decrease in funding. Agriculture climbed two ranks to become the third most funded industry, driven by significant deals.
Funding in Africa’s Venture Capital Ecosystem Plummets 57% Amid Global Uncertainty
Total funding in Africa reached just $393 million, a steep 57% decline compared to the same period in 2023. The funding decline is particularly noticeable in the reduction of larger deals beyond Series 'A'.
