Ethnicity has long been thought to modulate thermoregulatory function; however, an evaluation of whole-body heat exchange in men of black-African descent and Caucasian men (white-European descendants), born and raised in the same climate, during exercise eliciting matched heat-loss requirements remained unavailable. We therefore used direct calorimetry to assess whole-body total heat loss (evaporative plus dry heat exchange) in young (18-30 years of age), second-generation (or higher) black-African (n = 11) and Caucasian (n = 11) men. Participants performed three 30 min bouts of semi-recumbent cycling at fixed metabolic heat productions (and therefore matched heat-loss requirements between groups) of 200 (light), 250 (moderate) and 300 W m −2 (vigorous), each followed by 15 min recovery, in dry heat (40 • C, ∼13% relative humidity). Across all exercise bouts, dry (P = 0.435) and evaporative (P = 0.600) heat exchange did not differ significantly between groups. As such, total heat loss during light, moderate and vigorous exercise was similar between groups (P = 0.777), averaging [mean (SD)] 177 (10), 217 (13) and 244 (20) W m −2 in black-African men and 172 (13), 212 (17) and 244 (17) W m −2 in Caucasian men. Accordingly, body heat storage across all exercise bouts (summation of metabolic heat production and total heat loss) was also similar between the black-African [568 (142) kJ] and Caucasian groups [623 (124) kJ; P = 0.356]. We demonstrated that, when assessed in young, second-generation (or higher) black-African and Caucasian men during exercise eliciting matched heat-loss requirements in dry heat, ethnicity did not significantly modulate whole-body dry and evaporative heat exchange or the resulting changes in total heat loss and body heat storage.