AFZA Capital Launches First East Africa-Based Fund in Kenya

KENYA – Early stage Venture capital firm, AFZA Capital, has launched its first East African-based fund in Nairobi as it seeks to expand to the wider African market. The firm is offering between US$25,000 to US$250,000 as investments in each early-stage venture it chooses to support. The fund is targeting businesses delivering social impact through disruptive innovation. Arif Hamid, co-founder and Managing Director at AFZA Capital, said the fund is looking at businesses from incubation to Pre-series A capital in what he said is a complete corporate support system that…

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