The Q1 2025 Stears Private Capital in Africa Report analyses African private market transactions for Q1 2025. It examines key trends in private investments, providing valuable insights for fund managers and corporate decision-makers on the countries, industries, and companies attracting private capital.
The Q1 2025 Stears Private Capital in Africa Report has been produced in partnership with the East Africa Venture Capital Association (EAVCA).
Q1 2025 Sectoral Insights
African private capital activity experienced significant sectoral shifts in Q1 2025. The Financial Services sector led transaction volumes, accounting for 30% of all transactions. This was followed by Consumer Goods & Services (25%) and Technology (19%).
Compared to Q4 2024, the ranking of sectors changed notably. Industrials, which was the leading sector last quarter (20%), fell sharply to sixth place (7%). Conversely, Financial Services moved from fifth place (15%) in Q4 2024 to the top position in Q1 2025 (30%). Consumer Goods & Services maintained its
