Reports
Data-driven research on African private capital, venture markets, and investment trends.
Q1 2026 Africa Private Capital Fundraising Report
The Q1 2026 Africa Private Capital Fundraising Report from Stears delivers the most up-to-date intelligence on LP commitments into Africa-focused fund vehicles. Drawing on verified data from the Stears Private Transactions Database, this report tracks which LPs are actively committing capital, how commitment sizes are evolving, and which fund strategies and sectors are attracting the most attention.
2025 Africa Venture Capital Exit & Liquidity Report
Produced in partnership with Ventures Platform, the 2025 Africa Venture Capital Exit and Liquidity Report presents the most comprehensive analysis of VC-backed exits ever conducted on the African continent. Drawing on 181 verified transactions spanning 2011 to 2026 and measured through the proprietary Stears–Ventures Platform Liquidity Index (SVL Index), this report gives fund managers, LPs, DFIs, and investors a structured view of how reliably capital is returned in African venture capital.
2025 Private Capital in Africa Activity Report
Navigate Africa's private capital markets with clarity and conviction. The 2025 Private Capital in Africa Activity Report from Stears is the most comprehensive, data-driven analysis of private investment activity across the continent, covering venture capital, private equity, private debt, infrastructure finance, and M&A. Built entirely on verified transactions from the Stears Private Transactions Database, this report analyses 705 deals worth $27.3 billion.
Q3 2025 Private Capital in Africa Activity Report
Stay ahead with Stears' Q3 2025 Private Capital in Africa Activity Report, the definitive data-driven guide to Africa's private capital markets. Drawing on verified data from the Stears Private Transactions Database, the report analyses deal activity, sectoral performance, and regional investment trends shaping Africa's private investment landscape.
Q2 2025 Private Capital Activity in Africa Report
Stay ahead with Stears' Q2 2025 Private Capital Activity in Africa Report, delivering in-depth analysis of deal activity, regional capital flows, and investor behaviour across Africa's private markets. Drawing on verified data from the Stears Private Transactions Database, this report is your strategic guide to understanding where capital is moving and why.
Private Capital Report Q1 2025
Produced in partnership with the East Africa Venture Capital Association (EAVCA), the Stears Private Capital in Africa Activity Report: Q1 2025 delivers an in-depth analysis of private capital activity across the continent. From transaction volumes and deal sizes to sector-specific trends and M&A activity, this report provides the intelligence needed to navigate Africa's evolving investment landscape.
Africa Capital in 2025 Report
The Africa Capital in 2025 Report from Stears provides a comprehensive overview of the investment landscape shaping private capital flows across the continent. From regional investment dynamics to macroeconomic shifts and investor sentiment, this report gives you the intelligence to position confidently in 2025.
Private Capital Report Q4 2024
$10.1B in disclosed transactions. 331 deals. Unparalleled insights. The Q4 2024 Private Capital Report from Stears delivers the most comprehensive data-driven analysis of private capital activity across Africa for the final quarter of 2024, setting the stage for understanding the year's trends and what lies ahead.