Funding is flowing North, and Enza Capital is paying closer attention
TechCabal | Muktar Oladunmade - Aug 11, 2025
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  • In 2024, Egypt recorded a 48% increase in equity deal activity compared to 2023.
  • Morocco raised over $50 million, becoming the sixth most active African country in equity deals.
  • Enza Capital has tripled its regional portfolio in North Africa over the past two years.
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The growth in North Africa's investment ecosystem presents a unique opportunity for venture capitalists to engage with innovative startups. However, it is crucial for investors to understand the local context and build strong partnerships with regional players to navigate the complexities of the market effectively.
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