Pan-african firm enza targets $80 million for AI investment fund

Enza Capital, a venture firm operating across Africa, is actively seeking to raise capital for a dedicated artificial intelligence investment fund. The firm is aiming to secure up to $80 million to deploy into various AI projects across the continent. This fundraising effort comes as the African region faces a disparity in the volume of capital being allocated to the AI sector when compared to other global markets. Enza's initiative aims to address this funding gap and bolster the growth of artificial intelligence within Africa.