AVCA launches the 2023 African Private Capital Activity Report 450 reported deals in 2023 at US$5.9bn marking a 28% YoY decline in volume and 22% decline in value. VC remained the leading asset class contributing to 305 deals and 68% of the total investment volume. Infrastructure fuelled by renewable energy emerges as the only asset…...
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Private capital slowdown in Africa mirrors global investment trends
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