African investors emerged as the largest group of active participants in the continent’s venture capital (VC) space in 2024, accounting for 31 percent of the total investor pool, from just 19 percent a decade ago, according to the African Private Capital Association (AVCA).
This shift highlights the growing momentum in domestic capital formation, even as the verall investor participation declined by 21 percent to 614 active investors in 2024.
According to Davidson Oturu, general partner at Nubia Capital, Africa’s funding landscape is evol
