Enza Capital reaches first close of $60m AI Africa Fund
Wednesday, November 11, 2026 · first reported by Africa Private Equity News
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.
- Firm
- Enza Capital
- Fund
- AI Africa Fund
- Size
- $60M
- Stage
- First close
- Asset class
- Private equity, 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.
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