03/06/2026
Key takeaways from the Germany - Africa Investment Report ⚡
German capital in Africa has changed shape over the past decade. Not just in volume, but in structure, geography, and risk appetite.
Here's what we found when we went looking for the bigger picture:
🔹 49 German funders
🔹 279 deals across 21 countries
🔹 534% increase in deal volume in the second half of the decade
The carousel covers ten facts about ten years of German investments into African startups. The full report goes deeper into the patterns and what's still holding back more international investors from Africa.
Thank yous for making this report possible:
💙 Authors Aditya Raj and Ida Huiskonen
💙 Briter for the deal data
💙 GIZ SPARK for supporting the whole Africa Investment Bridge initiative
The full report is available on our website 👉 https://westerwelle-foundation.com/programs/africa-investment-bridge/
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Africa Investment Bridge is implemented by the Westerwelle Foundation , funded by GIZ - Gesellschaft für Interkulturelles Zusammenleben Project SPARK. GIZ Project SPARK is commissioned by the Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and co-financed by the European Union (EU).