As funding slows, African venture capital doubles down on sustainable solutions

As funding slows, African venture capital doubles down on sustainable solutions

Hiruy Amanuel, co-founder, Gullit VC Partner Content After years of rapid expansion, the continent’s startup ecosystem is now adapting to a more measured pace, with investors emphasising sustainable business models and long-term value creation. According to the African Private Equity and Venture Capital Association (AVCA), total funding for African startups declined by 46% in 2023…

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Africa: Mediterrania Capital Closes 6m Fund to Back African Mid-Cap Firms

Africa: Mediterrania Capital Closes $686m Fund to Back African Mid-Cap Firms

TLDR Mediterrania Capital Partners (MCP) has announced the final close of its fourth investment vehicle, raising €600 million ($686 million) The Malta-based private equity firm will use the capital to support mid-cap and SME businesses across North and West Africa The fund targets sectors with strong growth potential, including healthcare, financial services, FMCG, logistics, education,…

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