To strengthen economic and social growth in Africa, the African Private Equity and Venture Capital Association (AVCA) (www.AVCA-africa.org) founded the AVCA Training academy (“AVCA Academy ”) to enable professional development in private investment across the continent. This is the first of its kind in the industry and aims to support private investment professionals interested in Africa by providing an agile and innovative learning platform tailored to the dynamic and diverse market of Africa.
the AVCA The Academy will play a critical role in promoting investment in the asset class by deepening the ability of African institutional investors to steer investments in private equity, venture capital and private credit, and assisting fund managers with their fundraising, introduction and exit journey. Programs that use the AVCA Academy will ensure continuous professional development (CPD) Certification to demonstrate the credibility of the institution and its programs.
Given the lack of diversity of institutional investor capital in Africa-focused PE and VC funds, there is an urgent need for the AVCA Academy. Participants will be able to discover the opportunities and challenges associated with investing in Africa through real-world case studies. The synchronized learning platform also provides the participants with detailed resources to support independent learning.
the AVCA Academy is an educational institution that delivers bespoke content through an immersive and blended approach to learning to remote and classroom participants, involving subject matter and industry experts from across Africa.
Abi Mustapha-Maduakor, Chief Executive Officer at AVCA he said AVCA Academy is our solution to the growing need for a platform that supports first-time fund managers throughout the fundraising and investment lifecycle. We believe that education is the key to growth in this sector. Education should provide the inspiration and support needed to get African private equity off the ground to shape an economic global powerhouse of the future. “
She added, “African institutional investors currently have less than 1% invested in private equity as an asset class, so there is still work to be done to free up domestic capital. African pension funds have an additional $ 29 billion to invest in PE, which could double the size of the African PE industry. “
the AVCA Academy is currently sponsored by FSD Africa – a specialized development agency supported by UK Aid that works to build and strengthen financial markets in sub-Saharan Africa.
Evans Osano, Director – Capital Markets at FSD Africa said: “FSD Africa is happy to partner with AVCA on this innovative e-learning platform. Using an e-learning platform to provide high quality training and knowledge development is particularly relevant as there are barriers such as travel restrictions due to COVID-19 and high costs associated with physical training sessions. We believe that in order to tap a growing institutional investor base in Africa, it will be essential to invest in transformative sectors through private capital markets. Through the Africa Private Equity and Debt Program, FSD Africa also supports research, the development of policies and regulations aimed at improving access to private capital and supporting demonstration transactions. “
Corresponding AVCA‘s Annual African PE Data Tracker 2020, the total value of 1,257 PE deals reported in Africa between 2015 and 2020 reached $ 21.7 billion. While transaction volumes have maintained an upward trend, their value is gradual
relaxed, which suggests growing investor interest despite smaller transaction sizes. However, this is a small step in the long road to more growth for the asset class.
Through this institution, fund managers receive support in the areas of fundraising, value creation and IT G, while institutional investors are supported in the valuation, governance and reporting of fund managers. Professional service firms, including law firms, fund administrators, and industry regulators, will also receive training on legal agreements, GP / LP relationship management, and regulatory training.
“The type of training that the AVCA Academy will help catapult private investment in Africa and ultimately increase gross domestic product (GDP) and economic growth across the continent, ”added Mustapha-Maduakor.
the AVCA The academy is coming soon. If you would like to know when it will start, please fill out the form (https://bit.ly/2XQlUNL) to express your interest.
Distributed by APO Group on behalf of the African Private Equity and Venture Capital Association (AVCA).
The African Private Equity and Venture Capital Association is the pan-African industrial organization that promotes and enables private investments in Africa. With a global and growing membership base, AVCA Members are private equity and venture capital firms, institutional investors, foundations and foundations, pension funds, international development finance institutions, professional service companies, universities and other associations.
For more information, contact [email protected]
Above FSD Africa:
FSD Africa is a specialized development agency working to reduce poverty by strengthening financial markets in sub-Saharan Africa. Headquarters in Nairobi, FSD Africa’s team of financial experts works with governments, business leaders, regulators and policymakers to develop and build ambitious programs that make financial markets work better for all. Founded in 2012, FSD Africa is registered as a non-profit limited company in Kenya. It is funded through UK aid from the UK Government.
For more information, contact [email protected]
the AVCA Platform is a dynamic and interactive educational facility created to train Africa’s private investment professionals
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