venture - eriinfo

Tech start-ups lead way for venture capital funding

eriinfo.com3 weeks ago06 mins

Southern Africa’s venture capital sector closed off 2024 with R13.35 billion in active investments across 1 325 deals. For the third consecutive year, ICT-focused start-ups continued to attract the lion’s share of venture capital (VC), accounting for nearly two-thirds of total investment. This, as data shows Southern Africa’s VC sector closed off 2024 with R13.35…

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

eriinfo.com2 months ago07 mins

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…