Enza Capital

A proud milestone for Affinity Africa and Tarek Mouganie, PhD as they secure $8M to scale digital banking in Ghana. As part of the Enza Capital portfolio, we’re thrilled to see them take one step closer to expanding financial access and empowering individuals and businesses in Ghana and across the continent. https://lnkd.in/ez3Vs43t

Some exciting news from Enza Capital in North Africa. We’re thrilled to announce our investment in WideBot, a pioneering Arabic AI company behind AQL, the first-ever LLM tailored for MENA and Arabic-speaking populations across Africa. With over 400 million Arabic speakers and a rapidly growing digital economy, the demand for localized AI solutions has never been greater. WideBot is at the forefront, unlocking new possibilities for enterprises, government entities, and small & medium businesses across the region. At Enza Capital, we back founders using technologies to solve large and meaningful problems—and we see massive potential in WideBot's ability to scale across North Africa and beyond. The team, led by Mohamed Nabil, Mohamed Mostafa and Saif Ahmed, are setting the stage for a new era of intelligent locally-contextualized solutions. We're excited to co-invest alongside some incredible investors in the region who share our vision for an AI-powered future in Arabic. W2 Investments, Wafra, Den VC, SparkLabs Group, and DisrupTech Ventures. To businesses, developers, and enterprises looking to build AI-powered and local solutions in Arabic—this is just the beginning!

🚀 Celebrating Egypt’s Thriving Tech Ecosystem Earlier this week, we had the absolute pleasure of co-hosting an incredible Ecosystem Mixer in Cairo alongside 4DX Ventures and Algebra Ventures. The event brought together over 100 founders, investors, and ecosystem builders shaping the future of tech in Egypt and across the continent. Egypt's startup ecosystem continues to grow at an exciting pace, and we’re honored to be part of this journey, backing visionary founders tackling real challenges and creating meaningful solutions. A huge thank you to everyone who attended, shared insights, and sparked new opportunities for collaboration. Here’s to Egypt’s dynamic and ever-evolving ecosystem — we're just getting started! #TechInEgypt #Startups #EcosystemBuilders #EnzaCapital #Egypt

If you are in #Nairobi and part of e-commerce Day East Africa, or looking for e-commerce payments solutions, then make sure you find the Peach Payments team next week #kenya #payments #ecommerce

🌟 Huge congratulations to our portfolio company, Turaco! Earlier this week, Turaco made history by becoming the first insurtech in #Kenya to receive an underwriting license, marking a new chapter in making insurance accessible to everyone in the region. This incredible milestone enables Turaco to design and deliver solutions that meet the unique needs of Kenyans. As CEO Ted Pantone shared, "Today marks a major milestone for Turaco in Kenya…we’re pushing innovation even further to ensure more Kenyans can access the insurance they need. No one should have to skip hospital care due to financial constraints." The launch event brought together key figures and supporters, including the GM of M-KOPA Kenya, the Communications Authority of Kenya, the U.S. Embassy to Kenya, the CEO of the Insurance Regulatory Authority, and Hon. Susan Mang'eni, Principal Secretary at the Ministry of Cooperative and MSMEs. Hon. Mang'eni emphasized the transformative power of microinsurance to empower mass market households and small businesses in Kenya. We’re thrilled to support Turaco on this journey as they build a healthier, more resilient future for all Africans. Here’s to many more groundbreaking achievements! #EnzaCapital #Portfolio #Turaco #Insurtech #Microinsurance #Kenya #Innovation #FinancialInclusion

🎉 Celebrating Vula’s Impact: 1.9 Million Vulas and Counting! 🎉 Congratulations to Dr William Mapham MBChB FCOphth and the dedicated team at Vula Mobile, an Enza Capital portfolio company, that is transforming healthcare access across the continent 🩺 A "Vula" occurs every time a health worker uses Vula's app or web portal to contact a specialist for advice, arrange an appointment, make a referral, or organize urgent transport. This seemingly simple action has facilitated 1.9 million life-changing connections since Vula's inception 🤯 From just 367 referrals in their first year back in 2014 to a staggering 376,000 so far in 2024, Vula is on track to reach its 2 millionth Vula very soon. This growth is not just a testament to Vula’s success—it’s a powerful demonstration of their commitment to empowering healthcare workers and ensuring patients get the care they need when they need it most 📈 Here's to many more Vulas, and even more lives touched and improved! 🚀 cc: John Lazar #ImpactInvesting #HealthcareInnovation #EnzaCapital #Vula #TechForGood #HealthWorkers #PatientCare

🌟 Celebrating the impact of Enza Capital portfolio company, Gigmile founded and run by Kayode Adeyinka and an incredibly focused and committed team 🌟 At Enza Capital, we believe in backing founders and teams using technology to make a tangible difference in people's lives, and Gigmile is a shining example of this mission in action 🪴 The work Kayode and his team are doing at Gigmile goes beyond just building a business—they are changing lives and creating opportunities where they are needed most. And of course, they're building a #profitable business and doing this in a sustainable and scalable way 📈 One of Gigmile's drivers recently shared his story, expressing heartfelt gratitude for the chance to join the Gigmile family. His words remind us of the power of meaningful work and the profound impact that access to stable income and opportunity can have on individuals and their families. He wrote: "I nearly ended my life before getting this job, but today, I am smiling again with my wife and kids. You are a divine helper to us all." These are the stories that inspire us to keep pushing boundaries and supporting founders who are using technology to solve real problems. Kayode, your leadership, vision, and dedication are making a world of difference, and we couldn't be prouder to have you in the Enza Capital family 🙌🏽 Here's to Gigmile and all the lives they touch every day 🚀 #ImpactInvesting #VentureCapital #EnzaCapital #TechForGood #ChangingLives #Entrepreneurship

Congratulations to Lauren Dunford and the exceptional Guidewheel team on this milestone 🎉 Enza Capital invested in 2019 out of Fund I to support an early and brilliant team build technology to help drive efficiency in the analog manufacturing space in Africa. Today Guidewheel announces a $31m Series B funding round from investors including BlackRock, Temasek, Greycroft, and Breakthrough Energy ventures 🌍 This funding will enable Guidewheel to take their AI-powered software platform to the next level and takes them one step closer to achieving their mission to help all of the world's factories reach sustainable peak performance 📈 #ai #climate #automation #manufacturing #startup #africatotheworld cc Mike Mompi John Lazar

We are so thrilled to support Women Who Build Africa once again! The #WWBAAssembly is such a high value event for female founders and those looking to invest in them.

We are delighted to announce that Mike Mompi, Managing Partner at Enza Capital, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: Enza Capital is a multi-stage venture fund backing Founders and Teams using technology to solve large and meaningful problems across Africa. Since launching mid-2019 we have diligently worked with aligned co-investors and a brilliant set of Founders to build an early portfolio with 50 investments across 35 companies into exceptional African businesses across Kenya, Uganda, Nigeria, Ghana, Cote D’Ivoire, Senegal, Egypt, and South Africa. Enza leads and co-leads investments into category-defining technology companies in fintech, logistics, health, human capital, and climate smart sectors across Africa. These companies are organising the offline online, digitising key industries, and improving the way Africans live, earn, work, and do business. Building sustainable commercial solutions across these verticals will lead to meaningful advancement and significant value creation for teams, investors, and stakeholders across Africa. Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance