8 things African VC firms are looking for in a startup
VCs want startups that solve real, local problems rather than just replicating global trends. The 'Big Six' sectors attracting the most venture capital in Africa are fintech, logistics & transport, e-commerce & retail, healthcare, agriculture & food, and energy & water.
African Angel Investors Balance Risk and Impact in Startup Funding
77% of angel investors invested less than $25,000 in African startups from 2022 to 2024. Half of the surveyed investors use Simple Agreements for Future Equity (SAFE) for investments.
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.
