The number of active start-up investors in Africa declined in 2024, hitting its lowest point since 2021.
Yet, amidst the slowdown, remarkable success stories emerged. Oui Capital secured an $8 million return on a $150,000 investment in Moniepoint. Outside the startup scene, Africa Capital Alliance’s CAPE IV fund achieved a staggering $360 million return on an $80 million investment in Aradel Holdings. Essentially telling the tale of two sides to a coin that where challenges exist, opportunities simultaneously exist.
Data from The Big Deal