Pan-African VC firm Enza Capital reaches $21m first close of AI Africa Fund -
Wednesday, November 11, 2026 · first reported by - Disrupt Africa and 5 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.
- Firm
- Enza Capital
- Fund
- AI Africa Fund
- Size
- $21M
- Stage
- First close
- Asset class
- Venture
- Geography
- Africa
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Coverage
6 sources- - Disrupt AfricaPan-African VC firm Enza Capital reaches $21m first close of AI Africa Fund -
- iafrica.comEnza Capital reaches $21m first close for AI Africa fund
- WeeTrackerEnza Capital raises USD 21 M first close for USD 60 M AI Africa fund
- Tech Build AfricaEnza Capital closes $21M for African AI fund as startup investment Slows
- Launch Base AfricaEnza Capital raises $21M to back African AI as venture Funding Retreats
- Africa Private Equity NewsEnza Capital reaches first close of $60m AI Africa Fund
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