The Southern African Venture Capital and Private Equity Association, which represents the interests of the venture capital and private equity industry in Southern Africa.
South African VC exits show early signs of a maturing venture capital ecosystem
The SA SME Fund and Endeavor South Africa report that South African venture-backed scale-ups are generating successful exits. The broader analysis found that realised cash returns from South African venture capital exceeded invested capital, with returns ranging from 2.01x to 2.45x.
South Africa’s Tech Sector Attracts Significant VC Investment Surge
South African start-ups secured R3.3-billion in VC funding last year, with an additional R2.1-billion raised through co-investors. The ICT sector, including fintech, edtech, software, e-commerce, and online markets, dominated investment activity.
