The private capital landscape in Africa recorded 182 deals, totalling 0.9 billion US dollars, down 66% year-on-year. This was the weakest half-year result since 2017. Transactions over $100 million were under the greatest pressure.

In the first half of 2024, the private equity landscape in Africa experienced a significant contraction, marked by a 66% drop in transactions compared to the previous year. This decline led to a total of 182 transactions, reaching a cumulative value of 0.9 billion US dollars

Thus, these figures reveal a worrying turning point, as it is the weakest half-year result since 2017. This trend raises a lot of questions about the future of private equity on the continent. Private equity in Africa has long been seen as a key driver of economic growth.

However, data for the first half of 2024 indicate a negative dynamic, with a marked reduction in the number of transactions. Market players are now evaluating their strategies in order to adapt to this new economic environment. Such a contraction could have long-term implications for innovation and business development in Africa.

Several factors contributed to this contraction. Political instability in some regions, combined with difficult economic conditions, has exacerbated uncertainty. International investors are also reticent in the face of commodity prices and rising inflation. This situation has led to a reduction in capital allocated to private equity, seriously affecting the African economic landscape