Despite the downturn, the private equity sector in Africa displayed resilience. 2023 was an exceptional year, with 331 transactions totaling $7.47 billion, showing increases of 27.3% in volume and 79.4% in value from the previous years.

Compared to the performance over the past eight years, the first quarter of 2024 still aligns well with historical data.

While investors will have much to watch out for when it comes to evaluating their investments, many opportunities remain. For those aware of Africa’s various political, economic, and security environments, the opportunity to create value and find success in these markets outweighs the risks.

• $23,7 million (Q1/2024)