
African Venture Capital Inflows Decline for the Second Consecutive Year, Raising Concerns Among Investors
The landscape of venture capital in Africa has continued to experience a downturn, as recent reports indicate that inflows have shrunk for the second successive year. This decline, which has notably affected the continent’s startup ecosystem, raises critical questions about the future of investment in emerging markets across the region. Venture capital investments in Africa fell to an estimated $3.7 billion in 2024, a significant drop from the previous year’s figures.
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Billionaire Mohamed Mansour Champions Venture Capital in Africa's Untapped Markets
In an audacious move signaling confidence in Africa's growth potential, billionaire investor Mohamed Mansour is directing significant capital toward start-ups across the continent. With an ambitious plan to harness the region's untapped markets, Mansour's recently launched venture capital firm has set its sights on African entrepreneurship, asserting that the continent is ripe for investment and innovation.
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Harith Partners Acquires African Infrastructure Fund for $360 Million
In a significant development in the investment landscape of Africa, Harith Partners, a private equity firm known for its focus on infrastructure projects across the continent, has announced the acquisition of an African infrastructure fund valued at $360 million. This strategic purchase is poised to enhance Harith's portfolio and strengthen its commitment to bolstering infrastructure development in the region.
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