A Collaborative Approach to Strengthening Southern Africa’s Investment Ecosystem
Southern Africa’s investment landscape is evolving. In 2024, private equity (PE) fundraising surged to a 13-year high, underscoring growing investor confidence across key sectors like energy, infrastructure, technology, and financial services. Simultaneously, the venture capital (VC) ecosystem continued to fuel early-stage innovation, building the next generation of high-growth companies. Yet, a persistent challenge remains: the transition from VC-backed growth to PE scalability is often fragmented, marked by misaligned expectations and valuation methodologies. This is in contrast with global trends where the lines between PE and VC are blurring, particularly in later-stage funding rounds and when it comes to investments in the tech sector.
Thought Leadership written in association with Fireball Capital and Tyrone Moodley, Principal at HAVAÍC.