Skip to main content

Venture

Enza Capital Reaches $21m First Close for AI Africa Fund

Wednesday, November 11, 2026 · first reported by iafrica.com and 2 others

Enza Capital, a pan-African venture capital firm, has held a first close of its AI Africa Fund, its third fund, at about $21 million. That is 35% of the $60 million target, and the hard cap is $80 million. Enza plans more commitments before the end of 2026 and a final close in 2027.

The fund will invest from pre-seed to Series B in AI-native and AI-enabled companies, with initial cheques of $250,000 to $3 million. Sectors include financial services, healthcare, education and agriculture. First investments are planned for 2027.

Fund
AI Africa Fund
Size
$21M
Stage
First close
Asset class
Venture
Geography
Africa

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

See an error?

Coverage

3 sources

Got news? Send it to us →