2022 Africa Investment Report

While Africa's venture capital accounts for about 1% of global VC money, the continent has seen remarkable evolution, from early $5 million+ investments in the previous year to today's more mature ecosystem with larger funds and an increasingly large number of local VCs. By examining a full ten years of data, we move beyond short-term narratives around market corrections or singular events to reveal the steady, structural growth of Africa's startup ecosystem.

Built on Briter's proprietary data, the 2022 report examines funding across deal volume, number of deals, sector distribution, geographic spread, and investor profiles, providing insights into who is funding Africa's innovation economy and where capital is being deployed.

Whether you're an investor seeking opportunities, a policymaker shaping ecosystems, or an entrepreneur navigating the landscape, this report will deepen your understanding of how Africa's startup market is evolving, from the emergence of larger funds and local VCs to M&A activity and expanding early-stage support frameworks.

To see how the investment data in this report comes to life, explore our intelligence platform here !