Why Africa’s venture capitalists are earning below global standards
- Pay transparency is critical for both employers and employees in attracting and retaining talent.
- A report by Dream VC and A&A Collective gathered data from 209 participants across 28 countries to analyze compensation in African venture capital.
- The majority of survey participants were aged between 25 and 34, indicating a youth-driven nature of Africa's VC space.
The push for pay transparency in the venture capital sector is a significant step towards creating a more equitable labor market. However, challenges remain, particularly in regions with less developed ecosystems. Continued efforts to standardize compensation data and attract international investment will be crucial for improving salary structures and retaining talent in Africa's VC landscape.
