🚀 Enza Capital, an African venture capital firm, has closed $58 million across two funds, focusing on startups "organizing the offline online" and "digitizing key African industries."

💡 Enza Capital started in 2019 with an early-stage fund and has invested in fintech, logistics, health, human capital, and climate tech companies across 8 African markets.

💰 The firm typically invests between $250,000 to $5 million in portfolio companies, with opportunities for follow-on investments through Enza Growth Capital.

🤝 Enza Capital is launching a unique Founder Partner Program, where founders and leadership teams of portfolio companies become co-owners of the firm, fostering alignment, collaboration, and shared success.

🌍 The company aims to expand its reach by potentially opening offices in Lagos and a Francophone African city to support its portfolio companies in those markets.

👥 Enza Capital's funds include a diverse group of investors, from private individuals and family offices to fund of funds, hedge funds, and venture capital funds.

🌱 This shared ownership model reflects Enza Capital's commitment to supporting founders and building long-term partnerships.

🌟 The firm hopes this model becomes the norm in African venture capital investing, emphasizing shared success.

🌐 Enza Capital's growth and approach showcase the maturation of the African venture capital ecosystem.

📈 As African venture capital gains momentum, it anticipates future participation from more global endowments, foundations, and pension funds.

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