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Venture capital beats private equity in new deals
The rise of venture capitalists has helped unlock immense value by introducing crucial but lacking ingredients that inhibit the growth and development of small and medium enterprises. PHOTO | SHUTTERSTOCK
Early-stage investors have taken a lead in the number of deals in the East Africa region over the past year, eclipsing traditional private equity deals that have been dominating inward investments previously.
Last year, deals data compiled by advisory firm I&M Burbidge Capital shows the region recorded 66 venture capital (VC) deals, up from 29 in 2021, while traditional PE deals declined from 38 to 26 in the period.