The article highlights how Africa's investment landscape is splitting into two distinct segments.While large-scale infrastructure deals and tech startups are attracting billions in capital, mid-sized companies are struggling to secure funding.Data shows a 80% rise in deals over $100m in 2026 compared to 2025, with private equity surpassing venture capital for the first time since 2019.Nigeria leads in transaction volume but relies heavily on a few mega-deals, creating an uneven market.Meanwhile, countries like Egypt show more balanced mid-market activity.

The trend suggests a shift from early-stage hype to focused investments in defensive infrastructure and high-growth tech, leaving mid-cap firms in a tough spot.Experts warn that sustaining this momentum requires finding secondary buyers for these large deals.