• CatalyzU (South Africa): A digital platform that vets, trains, & places Africa’s leading talent at global startups.
• MPOST (Kenya): The startup empowers individuals in the developing world with virtual addresses.
• Seso (Ghana): The startup is on a mission to bring transparency in Africa’s real estate sector.
• Ladder (Ghana): Ladder is providing personalized financial advisory and accountancy services.
• Payfi (Nigeria): A buy now, pay later startup that provides international students access to affordable housing.
• Cutstruct (Nigeria): The startup provides a platform for a building material marketplace, driving efficiency in construction in Africa.
• Chimoney (Nigeria): A fintech startup that provides digital financial services to Nigerians living abroad.
• Reeple.ai (Nigeria): A fintech startup helping helping African immigrants in the Diaspora access seamless financial services.
• Oval (Nigeria): A fintech startup that provides customers with DeFi-enabled products. 
• Hulugram (Ethiopia): The Ethiopian startup is enabling social engagement for over 30 million internet users in the country via a chat-based platform.

The fund will be used to invest in early-stage startups that are “organizing the offline online” and “digitizing key African industries.”

Enza Capital was founded in 2019 by Niyi Ajao and Wale Ayeni, two experienced venture capitalists with a deep understanding of the African startup market.

The firm has already invested in a number of successful startups, including fintech company Flutterwave, logistics company Kobo360, and healthcare company Lifebank.

The closing of Fund II is a significant milestone for Enza Capital and for the African startup ecosystem as a whole.

It is one of the largest early-stage funds ever raised in Africa, and it is a testament to the growing interest from global investors in the continent’s startup scene.

The fund will focus on investing in startups in the following sectors:

• Fintech
• Logistics
• Healthcare
• Human capital
• Climate tech

Enza Capital is particularly interested in startups that are using technology to bridge the gap between the online and offline worlds and to digitize key African industries.

The firm is also known for its innovative approach to venture capital. In addition to providing capital, Enza Capital also provides its startups with access to a network of mentors, advisors, and resources.

The closing of Fund II is a positive development for the African startup ecosystem. It shows that there is growing interest from global investors in the continent’s startups, and it provides Enza Capital with the resources it needs to continue to support the next generation of African entrepreneurs.

Analysis

The closing of Enza Capital’s Fund II is a significant event for the African startup ecosystem. It is one of the largest early-stage funds ever raised in Africa, and it is a testament to the growing interest from global investors in the continent’s startup scene.

The fund is also notable for its focus on investing in startups that are “organizing the offline online” and “digitizing key African industries.” This is a critical area of investment, as Africa is still rapidly urbanizing and its economy is becoming increasingly digital.

Enza Capital’s innovative approach to venture capital is also worth noting. The firm provides its startups with access to a network of mentors, advisors, and resources, in addition to capital. This is important, as startups in Africa often face unique challenges that require specialized support.

Overall, the closing of Enza Capital’s Fund II is a positive development for the African startup ecosystem. It provides a strong signal to global investors that Africa is a place where they can find attractive investment opportunities.

It also gives Enza Capital the resources it needs to continue to support the next generation of African entrepreneurs.

The funding will be used to expand Revio’s team, launch new products, and enter new markets across Africa.

Revio provides businesses with a payment orchestration platform that makes it easy to accept payments from customers all over Africa.

The platform supports a wide range of payment methods, including mobile money, bank cards, and local payment schemes.

Revio’s platform is particularly useful for businesses that sell products and services to customers in multiple African countries.

The fintech startup is already working with a number of leading businesses in Africa, including MTN, Airtel, and Uber.

The company plans to use its new funding to expand its reach and help more businesses streamline their payment processes.

Revio’s latest investment is a sign of the growing interest in fintech in Africa.

Africa has a large and growing population, but many people do not have access to traditional banking services.

Fintech startups like Revio are making it easier for people to access financial services and make payments.

The firm plans to use the funds to invest in early-stage startups in South Africa and other African countries.

Secha Capital was founded in 2020 by Rushil Valabh and Brendan Mullen, who have over 20 years of experience in investing and building businesses in Africa.

The firm focuses on investing in startups that are addressing large addressable markets and have the potential to create significant job growth.

Secha Capital has already invested in a number of successful South African startups, including SweepSouth, a digital platform for on-demand home cleaning services, and Luno, a cryptocurrency exchange.

The firm’s new funding round was led by the SA SME Fund, a jobs-focused fund of funds, and also included investments from the venture arm of Rand Merchant Bank, 27four Investment Managers, and Caleo Capital.

The investment by Secha Capital is a positive development for the South African startup ecosystem.

The firm’s focus on investing in early-stage startups is particularly important, as it can help to fill a gap in the funding landscape for South African startups.

The investment is also a sign of the growing interest in investing in African startups.

Africa is one of the fastest-growing regions in the world, with a booming startup ecosystem.

The investment will be used to expand SunCulture’s operations across Africa and to develop new farming innovations.

SunCulture provides farmers with affordable solar-powered irrigation systems, which can help to increase crop yields and reduce costs.

Solar irrigation is a particularly promising technology for Africa, as it can help farmers overcome the challenges of water scarcity and climate change.

The company also offers a variety of other farming services, such as training and support.

SunCulture has already helped over 50,000 farmers in Kenya, Tanzania, and Uganda to adopt solar irrigation. The company’s goal is to reach 1 million farmers by 2025.

The investment by Nithio in SunCulture is expected to have a significant impact on the agricultural sector in Africa.

SunCulture’s solar irrigation systems can help farmers increase their crop yields and reduce their costs, which can lead to higher incomes and improved livelihoods.

The investment is also expected to boost innovation in the agricultural sector.

Nithio’s investment, made through its investment vehicle, Nithio FI, is part of the Productive Use Appliance Financing Facility (PUAFF), which catalyzes the uptake of productive use appliances across Africa.

PUAFF is managed by CLASP, an international non-profit organization that improves the energy and environmental performance of appliances and equipment.

The fund will invest in early-stage software startups across Africa, with a focus on fintech, e-commerce, healthtech, SaaS, and AI.

P1 Ventures was founded in 2020 by Mikael Hajjar and Hisham Halbouny, both of whom have extensive experience investing in and operating businesses in Africa.

The firm has a strong track record, having already invested in 29 early-stage companies across 10 countries, including Money Fellows in Egypt and Reliance Health in Nigeria.

The firm’s second fund is backed by a global group of investors, including institutional investors, family offices, and high-net-worth individuals.

The fund’s first close is a significant milestone, and it demonstrates the strong investor interest in Africa’s rapidly growing startup ecosystem.

P1 Ventures is a highly selective investor, and it takes a high-conviction approach to investing.

The firm typically invests between $500,000 and $2 million in early-stage startups, and it provides its portfolio companies with access to its deep network of mentors and advisors.

The firm’s investment in Africa’s startup ecosystem is timely, with the continent priding itself on the youngest and fastest-growing population in the world.

This presents a significant opportunity for software startups that can address the needs of Africa’s growing population and middle class.

The first close of P1 Ventures’ second fund is a positive development for the African startup ecosystem.

It demonstrates that global investors are increasingly interested in investing in early-stage software startups in Africa.