Luanda, Angola
RODGER BOSCH/AFP via Getty Images

Members can access GPC Analytics for a ten-year archive of Africa private capital transactions and data cuts.

Research Team

Jeff Schlapinski, Managing Director, Research

Toluwani Adedeji, Analyst, Research

Africa Research

Africa Startup Funding: Who is Getting Backed?

26 April 2023
Africa’s tech ecosystem has attracted unprecedented levels of capital over the last several years, with VC investment reaching nearly USD3.2b in 2021 and USD2.8b in 2022. New geographies and tech… Read More

2023 Trends in Global Tech

21 February 2023
Overview GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central & Eastern Europe and the Middle East. Amidst a… Read More

2023 Industry Data & Analysis

21 February 2023
Private capital investment activity across GPCA’s markets remained strong by historical standards in 2022, with fund managers deploying USD208b.  Overall deal value declined 22% from 2021, yet 2022 was still… Read More

2022 MENA Data Insight

7 September 2022
The global digital revolution has breathed new life into the Middle East and North Africa (MENA) private capital industry following a long stretch of low activity. Additional analysis includes: A… Read More

2022 Africa Data Insight

22 March 2022
GPCA Members should use their member login to download an accompanying Excel Data Pack containing all underlying data, including a full list of funds reaching a close and investments in… Read More

2022 Global Private Capital Industry Data & Analysis

16 February 2022
GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle… Read More

Mid-Year 2021 Global Private Capital Industry Data & Analysis

16 September 2021
GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East   Key data takeaways:   All major markets posted year-over-year gains… Read More

Africa 2021 Data Insight

31 March 2021
Africa private capital investment activity in 2020 remained on par with 2019 amidst delays in fundraising and exits African private capital investment activity in 2020 remained relatively resilient to the… Read More

Africa Data Insight (Mid-Year 2020)

10 September 2020
EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Transaction volume remained consistent in 1H 2020 despite the onset of COVID-19-related lockdowns… Read More

2021 Trends In Global Tech

25 May 2021
Investments in Africa, Asia, CEE, Latin America and the Middle East EMPEA’s 2021 report on global venture investment traces venture capital (VC) flows across Africa, Asia, CEE, Latin America and… Read More

2021 Data Insights

31 March 2021
Data Insights The 2021 Data Insights feature data and analysis on private capital activity in China, India, Southeast Asia, Africa and Central & Eastern Europe (CEE) through year-end 2020. This year, members also have access to LAVCA’s… Read More

2021 Climate Data Insight

2 November 2021
Based on GPCA’s newly developed taxonomy of climate-dedicated businesses, the 2021 Climate Data Insight covers climate-focused private capital activity in Asia, Latin America, Africa, Central & Eastern Europe and the… Read More

Africa News

Equator Leads USD24m Series A for Kenya’s Roam with USD10m Debt from DFC

Equator led a USD24m Series A for Roam, a Kenya-based EV manufacturer, with participation from At One Ventures, TES Ventures, Renew Capital and others. The round included USD10m in debt… Read More

Old Mutual Alternative Investments Invests ~USD6.5m in South Africa’s Afropulse Group

Old Mutual Alternative Investments provided ZAR125m (~USD6.5m) in financing for Afropulse Group, a South Africa-based investment holding company. Read More

Kenya’s Shamba Pride Kenya’s Raises USD3.7m Equity and Debt Pre-Series A

Shamba Pride, a Kenya-based online-to-offline platform for farmers, raised a USD3.7m equity and debt pre-Series A from EDFI AgriFI and Seedstars Africa Ventures. Read More

Ezdehar Acquires Minority Stake in Egypt’s Yodawy for USD10m

Ezdehar acquired a minority stake in Egypt-based healthcare platform Yodawy for USD10m. Read More

Africa50 Infrastructure Acceleration Fund reaches USD222.5m first close

Africa50 reached USD222.5m first close for its Infrastructure Acceleration Fund focusing on sustainable infrastructure sectors across Africa. First close investors include the African Development Bank and IFC. Read More

Affirma Capital Leads USD145 Investment in Zambia’s Copperbelt Energy Corporation

Affirma Capital led a USD145m investment in Copperbelt Energy Corporation, a Zambia-based incorporated power transmission, generation and distribution company via a single-asset continuation deal. Read More

Affirma Capital Exits Nigeria’s GZ Industries

Affirma Capital fully exited GZ Industries, a Nigeria-based aluminum cans manufacturer for global blue-chip beverage brands in Africa, via a sale to Oppenheimer Partners. Read More

Amethis, AfricInvest, IFC and Proparco Acquire Majority Stake in Côte d’Ivoire’s NETIS

Amethis, AfricInvest, IFC and Proparco acquired a majority stake in NETIS, a Côte d’Ivoire-based telecommunication and energy infrastructure service provider.   Read More

Rwanda’s Africa Healthcare Network Raises USD20m

Africa Healthcare Network, a Rwanda-founded provider of dialysis services across Sub-Saharan Africa, raised a USD20m equity and debt round led by Africa50 and AfricInvest, with participation from Ohara Pharmaceutical. Read More

Mediterrania Capital IV Secures Commitment from Bpifrance

Mediterrania Capital has secured a commitment from Bpifrance for its fourth fund, which is focused on mid-cap companies operating in North and Sub-Saharan Africa. Read More

SPE Capital and Proparco Exit Morocco’s Amanys Pharma

SPE Capital and Proparco fully exited Amanys Pharma, a Morocco-based manufacturer of antibiotics and hospital specialty drugs, via a strategic sale to Laprophan. Read More

Capitalworks Acquires Significant Minority Stake in South Africa’s Continental

Capitalworks acquired a significant minority stake in Continental, a South Africa-based PVC and thermoplastic elastomer compounds manufacturer.  Read More