African GP fundraising is becoming tougher, slower, and more evidence-driven

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05 DEC 2025

African GP fundraising is becoming tougher, slower, and more evidence-driven

Fundraising in African private capital has evolved with tighter LP expectations, the rise of local investors, and growing emphasis on ESG, governance,

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December 2025 North Africa Macro Outlook

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04 DEC 2025

December 2025 North Africa Macro Outlook

We analyse economic developments across four North African countries, providing the implications and outlook

December 2025 East Africa Macro Outlook

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03 DEC 2025

December 2025 East Africa Macro Outlook

We analyse economic developments across four East African countries, providing the implications and outlook.

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December 2025 Central Africa Macro Outlook

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03 DEC 2025

December 2025 Central Africa Macro Outlook

We analyse economic developments across three Central African countries, providing the implications and outlook.

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Corporate Legal Services in West Africa: Market Trends, Growth Drivers, and Competitive Landscape (November 2025)

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03 DEC 2025

Corporate Legal Services in West Africa: Market Trends, Growth Drivers, and Competitive Landscape (November 2025)

We size West Africa’s corporate legal market and explain how regulation, disputes, and cross-border commerce shape demand and competition.

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Kenya's exit tax precedent: A new regulatory risk for African PE

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28 NOV 2025

Kenya's exit tax precedent: A new regulatory risk for African PE

Tax ruling on ECP Kenya signals rising risk of PE exits being taxed locally and outlines how funds can manage emerging Pan-African spillover risks.

Stears Research

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26 NOV 2025

MSME and Consumer Banking in West and North Africa: Market Trends, Growth Drivers, and Competitive Landscape (November 2025)

We assess MSME and consumer banking in West and North Africa, including market sizes, growth drivers, and competition.

Stears Research

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24 NOV 2025

Weekly Africa Macro Update: November 17 - 21, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies.

Stears Research

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21 NOV 2025

VC Liquidity is better measured by Buyer quality, not Exit volume

VC Liquidity is better measured by Buyer quality, not Exit volume

Stears Research

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19 NOV 2025

MSME and Consumer Banking in East and Southern Africa: Market Trends, Growth Drivers, and Competitive Landscape (November 2025)

We assess the dynamics of the MSME and consumer banking sectors across East and Southern Africa, exploring market growth, drivers, and competitive lan

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Weekly Africa Macro Update: November 10 - 14, 2025

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17 NOV 2025

Weekly Africa Macro Update: November 10 - 14, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies

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The commercial rationale behind gender-lens investing in Africa

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14 NOV 2025

The commercial rationale behind gender-lens investing in Africa

Gender-lens investing is redefining African private equity, linking inclusion to capital allocation and performance

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Oil and Gas Industry in Southern Africa: Business Model, Growth, Competition (November 2025)

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12 NOV 2025

Oil and Gas Industry in Southern Africa: Business Model, Growth, Competition (November 2025)

Oil and gas industry in Southern Africa: size, growth drivers, competitive landscape, monetisation levers and investor value-creation opportunities

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Weekly Africa Macro Update: November 3 - November 7, 2025

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10 NOV 2025

Weekly Africa Macro Update: November 3 - November 7, 2025

We analyse the latest policy pronouncements and economic indicators, providing the implications and near-term outlook for key African economies

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LP Co-Investments: Market expectations of African GPs

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07 NOV 2025

LP Co-Investments: Market expectations of African GPs

ChatGPT said: Co-investment is reshaping African PE, rewarding GPs with disciplined strategies and scalable teams while others risk losing focus

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November 2025 West Africa Macro Outlook

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06 NOV 2025

November 2025 West Africa Macro Outlook

We analyse economic developments across seven West African countries, providing the implications and outlook.

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