A pan-African venture capital fund investing in startups across multiple sectors, focusing on supporting founders with capital and strategic resources.
Bluworks, Egyptian HR automation startup, raises $1 million for regional expansion
Bluworks raised $1 million in seed funding to accelerate growth in Egypt and MENA. The funding round was led by Enza Capital, A15, and Beltone Venture Capital.
South African Fintech Startup TurnStay Secures $2 Million Seed Funding to Revolutionize Travel Payments Across Africa
TurnStay secured $2 million in seed funding to enhance its platform. The funding round was led by First Circle Capital and supported by multiple investors.
What do investors want to see in African AI startups?
AI startups globally attracted over $100 billion in funding in the first half of 2025, with Africa's share steadily expanding. Eight African startups raised over $40 million this year, showcasing the continent's growing AI investment landscape.
Funding is flowing North, and Enza Capital is paying closer attention
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.
Digital Banking Revolution: Affinity Africa’s $8M Funding Transforms Financial Access”
Affinity Africa secured $8 million in seed funding to revolutionize banking access in Africa. The platform has grown its customer base to over 50,000 users since launching in Ghana in October 2024.
