Drawn upon data from the East Africa Venture Capital Association (EAVCA) report to understand how private capital has been instrumental in driving the growth of pioneering enterprises, reshaping industries, and charting new paths for the future in East Africa. According to the report, Kenya traditionally dominates the region’s private capital landscape, accounting for 69% of all transactions, while Uganda, Tanzania, and Ethiopia each make up 6% and Rwanda 5%. The remaining deals are multi-country transactions. Kenya’s dominance extends to deal values, with the country representing 74% of the total disclosed deal value. Uganda and Ethiopia follow with 8% and 7%, respectively, while Rwanda attracts 5% of the flows, with the rest being multi-country transactions.
East Africa’s Economic Landscape and the Role of Private Capital
- Top 10 News
- 1 min read