Research & Publications
22 October 2025
AVCA Pension Funds and Private Capital in Ghana Report
This report examines how Ghana’s pension funds can evolve from passive capital holders into active participants in Africa’s private capital ecosystem. As the industry matures, the imperative is no longer whether to diversify, but how swiftly and effectively pension assets can be deployed into alternative investments.
Research & Publications
22 October 2025
AVCA Private Capital in Ghana Factsheet
This Factsheet examines Ghana's economic landscape, private capital ecosystem and investment trends across multiple asset classes.
Research & Publications
17 April 2025
2024 African Private Capital Activity Report
The 2024 African Private Capital Activity Report reveals a resilient and evolving industry that has continued to mature despite global economic headwinds. The report shows significant growth in multiple areas: fundraising more than doubled to US$4.0bn (the third highest final close value on the continent in the last decade), deal volume grew by 8% year-over-year, and exit activity increased by 47%.
Research & Publications
17 April 2025
Investors Sentiment & Outlook - April 2025
The AVCA Investors Sentiment & Outlook report offers valuable insights into how Limited Partners (LPs) and General Partners (GPs) view the African private capital landscape for 2025, revealing a measured optimism tempered by global and regional challenges.
Research & Publications
31 March 2025
2024 Venture Capital in Africa Report
2024 was a challenging year for Africa’s venture capital ecosystem, registering a 22% drop in deal value and a 28% decline in deal volume—outstripping every other region in scale. This report provides an overview of the current events shaping Africa's startup investment landscape, including the entrepreneurial and venture activity seen on the continent.