According to figures provided by the African Private Equity and Venture Capital Association (AVCA) – a leading organisation in this sector – the number of venture capital operations exploded over the first six months of the year, with a total of 338 deals against just 195 over the same period 12 months prior.
On the value side, some $4.2bn in transactions were completed before the end of June 2022, an increase of 55% compared to the first half of 2021. This clear upward trend has also impacted the involvement of potential investors and companies: by the end of December, there were more than 100 companies sharing the management of 260 different investment funds between Tangier, Morocco and Cape Town, South Africa.
Twenty years ago, only a handful of investment players revolved around organisations like Amethis, Emerging Capital Partners, and AIIM. Times have truly changed.
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