About

A licensed venture capital manager, built to run more than one fund

Anza Fund Manager raises and manages Anza's funds, employs the investment team and holds the firm's FSCA licence. Each fund it manages is a separate vehicle with its own strategy and investors.

Who we are

Anza Fund Manager (Pty) Ltd was incorporated in South Africa in 2021. It is licensed by the Financial Sector Conduct Authority for Category I and Category II financial services (FSP 53884), covering advice, intermediary services and discretionary investment management.

Anza's investment approach was developed through Anza Capital (Pty) Ltd, which holds Anza's first portfolio, and through ecosystem organisations founded by our CEO: the SA Innovation Summit, TechTribe Accelerator and the Research Institute for Innovation and Sustainability (RIIS).

Anza Africa Seed Fund II is the firm's current fund and its cornerstone equity vehicle.

Established
2021
Registration
2021/138788/07
Licence
FSCA Category I and II, FSP 53884
Offices
Johannesburg and Cape Town
Ownership
51% Black-owned: Bizzy Investments 40% and the Employee Share Ownership Plan 11%, with Anza Holdings 49%
Industry body
Member of SAVCA
Shareholding of Anza Fund Manager

51%Black-owned

  • Bizzy Investments
  • Employee Share Ownership Plan
  • Anza Holdings

Our name

Multiply in great numbers (Venda)

Anza is a Venda word meaning “multiply in great numbers”: the growth we look for in every company we back.

Video

An introduction to Anza and the team

Watch on YouTubeOpens youtube.com

Purpose and mission

We empower early-stage African tech entrepreneurs to drive economic transformation and improve livelihoods.

Our mission is to mobilise catalytic and commercial capital into Africa’s most promising early-stage technology ventures, accelerating inclusive growth, climate resilience and long-term value creation.

Our values

  • Dr Zane Stenning of Mia Healthcare with a 3D printer

    Entrepreneurial

    We think and act like entrepreneurs: proactive, resourceful and accountable for outcomes.

  • A Zimi electric vehicle charger installed among greenery

    Courage

    It takes courage to be an investor, a founder and a company builder.

  • A seedling with agricultural technology icons

    Innovative and adaptive

    We keep changing so that we improve and grow as individuals and as a team.

  • Saskia Nysschens, Meriam Kekana, Gilbert Anyetei and Audrey Verhaeghe

    Inclusive

    We practise inclusion to improve performance and reduce risk.

  • Hands fitting jigsaw puzzle pieces together on a table

    Collaborative

    We align with our investors, syndicate to reduce risk and work with other ecosystem builders.

Audrey Verhaeghe, Gilbert Anyetei, Groovin Nchabeleng, Meriam Kekana and Saskia Nysschens
From left: Audrey Verhaeghe, Gilbert Anyetei, Groovin Nchabeleng of Bizzy Investments (seated), Meriam Kekana and Saskia Nysschens.

How the pieces fit

The manager sits at the centre. Funds are separate vehicles, each with its own terms, investors and portfolio. Anza Capital holds the portfolio that came before.

THE MANAGER

Anza Fund Manager (Pty) Ltd

Licence, team, investment process, governance, impact framework

FUNDS IT MANAGES

Anza Africa Seed Fund II Raising

Seed to Series A, South Africa and Kenya

Anza Venture Debt Future

FIRST PORTFOLIO

Anza Capital (Pty) Ltd Track record

13 active companies

Holds the Anza Incubation Fund portfolio on its balance sheet. Managed by Anza Fund Manager under an investment management agreement.

Governance

Three bodies oversee the manager and its funds, each with defined delegations and fiduciary duties.

Team and governance

Board of Directors

Five directors, including an independent non-executive director and a non-executive director based in the United States.

Meet the Board

Investment Committee

Decides on every investment. Each fund has its own committee; Seed Fund II’s includes two independent members.

Meet the committee

LP Advisory Committee

Formed as each fund grows. It advises the general partner and must consent to conflicts of interest, related-party matters, departures from the mandate, side letters, and suspension or wind-down.

“I have found the team to be exceptionally skilled in administrative tasks, consistently delivering results with precision and efficiency. … Their dedication to gender intentionality is clearly reflected in their leadership, where women play pivotal roles, truly embodying the principles they advocate.”

Cathy Goddard, CEO, FyreFem Fund Managers, who helped Anza build its compliance function