Francophone Africa is evolving into a significant investment destination, driven by regulatory reforms, venture capital growth, and sector diversification. From 2012 to mid-2024, it attracted $4.8 billion across 356 transactions, with a notable increase in deals since 2021. Key players like Senegal and Côte d’Ivoire are leading the charge, promoting tech ecosystems and launching supportive funds. Venture capital surged from 17% to 60% of transactions, reflecting global interest. Despite progress in gender diversity and infrastructure projects, challenges persist, including market fragmentation and insufficient local funding, highlighting the need for further development in less prominent countries.