East Africa sees $4.1bn investment boost as reforms take effect
East Africa has attracted US$4.1bn in investments, thanks to major capital market reforms and foreign exchange liberalisation. The milestone was highlighted at the 22nd Annual AVCA Conference & VC Summit, where over 800 financiers gathered. Abi Mustapha-Maduakor, CEO of AVCA, noted that the environment is enabling local investors to step up amid global uncertainties. The region is also seeing increased interest from both international and domestic investors.
TLDR
- East Africa secured US$4.1bn in investments between 2021 and 2025 due to market reforms.
- The 22nd Annual AVCA Conference & VC Summit spotlighted Kenya as a gateway for African private capital.
- Abi Mustapha-Maduakor emphasized the role of local institutional investors in driving growth.
- Jane Nzau from the Central Bank of Kenya highlighted the readiness of pension funds to invest, given proper regulation and returns.
- Investors are expanding into markets like Ethiopia, Tanzania, and Rwanda, supported by a 30% year-on-year growth in private credit deal volume.
