The 2025 East Africa Private Capital Activity Report examines how one of Africa’s most dynamic investment regions is consolidating its private capital market depth and scale. 

The seventh annual Venture Capital Activity in Africa report provides an overview of the current events shaping Africa's startup investment landscape and an in-depth analysis of entrepreneurial and venture activity seen on the continent across 2025.

This report will be the first instalment in a new series of original research examining gender dynamics across Africa’s private capital ecosystem, which examines gender representation across two levels: the fund level and the portfolio level.