When PFAs become LPs: The funding shift in African PE

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12 SEP 2025

When PFAs become LPs: The funding shift in African PE

This report analyses the ways African Private Equity will have to adapt to greater domestic pension fund participation as Limited Partners.

Stears Research

Pensions Industry in South Africa: Business Model, Growth, Competition (September 2025)

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10 SEP 2025

Pensions Industry in South Africa: Business Model, Growth, Competition (September 2025)

South Africa’s pensions market: size, growth drivers, competitive landscape, monetisation levers and investor value-creation opportunities.

Weekly Africa Macro Update: September 1 - 5, 2025

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08 SEP 2025

Weekly Africa Macro Update: September 1 - 5, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies.

Stears Research

Africa's stronger currency outlook could lift PE returns

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05 SEP 2025

Africa's stronger currency outlook could lift PE returns

This report shows why a more stable FX outlook could be the catalyst African private equity needs to deliver better performance.

Stears Research

September 2025 East Africa Macro Outlook

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04 SEP 2025

September 2025 East Africa Macro Outlook

We analyse economic developments across four East African countries, providing the implications and outlook.

Stears Research

September 2025 West Africa Macro Outlook

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03 SEP 2025

September 2025 West Africa Macro Outlook

We analyse economic developments across four West African countries, providing the implications and outlook.

Stears Research

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03 SEP 2025

Tier 2 Banks in West and North Africa: Business Model, Growth, Competition (September 2025)

What defines Tier 2 banks in West and North Africa, what makes them tick, and how potential investors can drive financial returns

Stears Research

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02 SEP 2025

September 2025 Central Africa Macro Outlook

We analyse economic developments across three Central African countries, providing the implications and outlook.

Stears Research

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02 SEP 2025

September 2025 Southern Africa Macro Outlook

Django summary: We analyse economic developments across two Southern African countries, providing the implications and outlook.

Stears Research

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02 SEP 2025

September 2025 North Africa Macro Outlook

We analyse economic developments across three North African countries, providing the implications and outlook.

Stears Research

Weekly Africa Macro Update: Aug 25 - 29, 2025

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01 SEP 2025

Weekly Africa Macro Update: Aug 25 - 29, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies.

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Structuring receivables financing to power Africa’s solar growth

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29 AUG 2025

Structuring receivables financing to power Africa’s solar growth

This report examines the factors catalysing receivables financing, before unpacking the constraints that limit its impact and outlining practical solu

Stears Research

Tier 2 Banks in East and Southern Africa: Business Model, Growth, Competition (August 2025)

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27 AUG 2025

Tier 2 Banks in East and Southern Africa: Business Model, Growth, Competition (August 2025)

What defines Tier 2 banks in East and Southern Africa, how they grow, and where investors can find defendable returns.

Stears Research

Weekly Africa Macro Update: Aug 18 - 22, 2025

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25 AUG 2025

Weekly Africa Macro Update: Aug 18 - 22, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies.

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North Africa is crowding in private capital with funds of funds

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22 AUG 2025

North Africa is crowding in private capital with funds of funds

North Africa is pioneering funds of funds, using public anchors to de-risk capital, crowd in LPs, and build private markets

Stears Research

Electric Two-Wheelers in East and West Africa: Business Model, Growth, Competition (August 2025)

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20 AUG 2025

Electric Two-Wheelers in East and West Africa: Business Model, Growth, Competition (August 2025)

We assess the electric two-wheeler market in East and West Africa, showing how the rise of battery-as-a-service models provides a strong investment ca

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