Africa's private financing landscape in 2023: a steady advance amidst changing dynamics (Analysis)

Ecofin Pro's Journal of Transactions has been collecting and storing information on private financing in Africa (excluding bank credit and financial markets) since 2017. It now enables a comprehensive overview of this sector, encompassing various aspects such as resources provided by development finance institutions, private equity firms, and venture capital.

This databank is more about the flows of transactions rather than the stock of amounts, as resources raised by investment funds can be redirected to projects. The analysis below is based on information collected up to November 10, 2023.

Since 2023 started, the overall value of private financing flows involving African entities (excluding bank credit and stock markets) has reached $19.2 billion as of November 10, 2023, according to data gathered and updated by the Ecofin Pro platform. It is now obvious that by the end of December 2023, a new record for private financial transactions will be achieved in the region, surpassing the $19.8 billion from the year 2022...Read more on Ecofin Agency

Source: Ecofin Agency