Fund manager (General Partner), AVCA member, venture capital in East Africa. Assets under management: ≈ USD 58m.
Criteria published by the fund, recorded and checked by Invest Matching.
Recent public deals: they say better than a thesis what the fund actually signs.
AethexAI
June 2026 · NigeriaPre-Seed3 M$EquitySaaSCo-Invest
Activity : Data and AI
Voice AI infrastructure company building customer-support automation for emerging markets, including Africa.
Why they invested
- Build voice AI infrastructure for Africa and the Middle East
- Automate enterprise customer interactions
- Deploy voice models at scale across emerging markets
Co-investors 26 Fund, 4DX Ventures, Dorm Room Fund, Mojo Ventures, Stanford GSB ’26 Fund
Source : tech.eu
Orca Fraud
March 2026 · South AfricaSeed2.35 M$EquityFintechCo-Invest
Activity : Regtech, identity and fraud prevention
Fintech company providing real-time transaction monitoring and fraud intelligence for emerging markets.
Why they invested
- Secure financial transactions across Africa
- Address the specific needs of African mobile-first payment ecosystems
- Build scalable fraud-prevention infrastructure
Co-investors CV VC Africa, Norrsken22, OneDayYes
Source : techcabal.com
Tuteria
January 2026 · NigeriaSeed2.6 M$EquityEdtechLead
Activity : Tutoring and school support
Instrument : US$2.6m raise with Enza Capital and Chui Ventures
Tutoring marketplace in Lagos.
Co-investors Chui Ventures
Source : nairametrics.comN2 · Cross-checked (2+ outlets) · Other sources : Nairametrics
Gigmile
December 2025 · NigeriaSeed21 M$EquityFinancial servicesLead
Activity : Vehicle and productive-asset finance
Gigmile, the mobility financing startup enabling gig workers across Nigeria and Ghana to own income-generating vehicles, has closed a seed round led by ENZA Capital.
Co-investors Norrsken22, Seedstars International Ventures
Source : weetracker.com
TurnStay
August 2025 · South AfricaSeed2 M$EquityFintechCo-Invest
Co-investor alongside TLcom Capital
Activity : Payments and mobile money
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
TurnStay is a South African fintech payment platform dedicated to the travel sector.
Why they invested
- Marks 50% deployment of TLcom's $5M TAPSI pre-seed fund
- TLcom's geographic diversification into Southern Africa
Co-investors CVVC, Equitable Ventures, First Circle Capital, Incisive Ventures
Source : hapakenya.com
April 2025 · Côte d'Ivoire Series B17 M$EquityFintechCo-Invest
Co-investor alongside Janngo Capital
Activity : Neobank and digital banking
Vehicle : Janngo Capital Startup Fund
Djamo is an Ivorian neobank with over one million users across Francophone Africa, offering digital accounts, cards and savings products.
Why they invested
- Valuation doubled since the 2022 Series A
- Over 1 million users and strong traction across Francophone Africa
- Planned expansion of financial services across Francophone West Africa
- Largest VC round ever raised in Côte d'Ivoire
Co-investors Oikocredit, Partech Africa, SANAD Fund for MSMEs, SANAD Fund for MSMEs, Y Combinator
Source : techcrunch.com
Affinity Africa
February 2025 · GhanaSeed8 M$EquityFintechCo-Invest
Activity : Neobank and digital banking
Digital banking platform serving individuals and micro, small and medium-sized enterprises, operating in Ghana.
Why they invested
- Expand access to affordable financial services
- Serve underserved and unbanked populations
- Use a branchless model combining an app and agent network
Co-investors Attijariwafa Ventures, BACKED VC, Eldon Capital, Finca International, Grazia Equity, Impact Assets, Renew Capital
Source : avca.africa
December 2024 · Côte d'Ivoire Series A8.5 M$EquityFintechCo-Invest
Co-investor alongside TLcom Capital
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund II
HUB2 provides a unified API enabling neobanks, remittance and payment companies to process mobile money, bank transfers, card and crypto transactions across six Francophone countries.
Why they invested
- Leader in payment interoperability across Francophone Africa
- Strong TPV growth (€70M in 2022 towards ~€1B targeted in 2024)
- Market underserved by Anglophone-focused players
Co-investors Africa Fintech Collective, Axian CVC, Bpifrance (Fonds Averroès / Afrique), Digital Currency Group, ENL Group, FMO
Source : weetracker.com
Hub2
July 2024 · Côte d'IvoireUndisclosed amountFintechLead
Activity : Payments and mobile money
Ashley Gauzere is the Founder and CEO at Hub2.Io.
Source : launchbaseafrica.com
Jumba
March 2023 · KenyaSeed4.5 M$EquityE-commerceCo-Invest
Activity : B2B e-commerce
Digital construction-materials marketplace connecting manufacturers, hardware stores and construction sites.
Why they invested
- Digitize the construction materials supply chain
- Improve price and transaction transparency
- Expand the platform across East Africa
Co-investors Alumni Angel, FirstCheck Africa, Foundamental, LocalGlobe, Logos Ventures, Seedstars International Ventures, Speedinvest
Source : africaprivateequitynews.com
November 2022 · Côte d'Ivoire Series A14 M$EquityFintechCo-Invest
Co-investor alongside Partech Africa
Activity : Neobank and digital banking
Vehicle : Partech Africa
Djamo offers a mobile banking app for Francophone Africa (Visa card, virtual accounts, automatic savings, salary deposit) to drive financial inclusion.
Why they invested
- Largest-ever equity round for a startup in Côte d'Ivoire
- Targets a market where fewer than 25% of adults have a bank account
- Over 500,000 customers, Y Combinator-backed
Co-investors Axian CVC, Janngo Capital, Launch Africa Ventures, Oikocredit, P1 Ventures
Source : partechpartners.comN1 · Primary source
SeamlessHR
January 2022 · NigeriaSeries A10 M$EquitySaaSCo-Invest
Co-investor alongside TLcom Capital
Activity : Enterprise software (SaaS)
Vehicle : TIDE Africa Fund II
SeamlessHR builds cloud HR and payroll solutions for African businesses, active in Nigeria, Ghana and Kenya.
Why they invested
- Nascent HR/payroll digitization opportunity in Africa
- Pan-African expansion already underway at time of round
Co-investors Capria Ventures, Ingressive Capital, Lateral Capital
Source : techcrunch.com
Autochek
October 2021 · NigeriaSeed13.1 M$EquityE-commerceCo-Invest
Activity : Online marketplaces
Pan-African automotive company combining an automotive marketplace, digital services and vehicle financing solutions.
Why they invested
- Build a pan-African automotive platform
- Address growing automotive demand across Africa
- Expand financing and distribution services
Co-investors 4DX Ventures, ASK Capital, Golden Palm Investments, Lateral Capital, Mobility 54, TLcom Capital
Source : techcrunch.com
Enza Capital invests tickets ranging from 500 k$ to 21 M$, across the following sectors: Logistics, Fintech, Digital health, SaaS, E-commerce, Edtech, and Financial services, in the following areas: Kenya, Nigeria, Uganda, South Africa, Côte d'Ivoire, and Ghana. Check in 30 seconds whether your company fits these criteria.