By Tony O. Lawson Kenya-based venture capital firm Chui Ventures announced the successful final close of its inaugural fund, Fund I, at $17.3 million, significantly surpassing its initial target of $10 million. The oversubscribed fund will focus on providing crucial seed-stage capital to tech-enabled, mass-market businesses across Sub-Saharan Africa. The fund’s close signals growing global confidence in African technology and the firm’s gender-inclusive investment strategy. The capital was secured from a diverse group of investors, including key institutional backers such as the Mastercard Foundation Africa Growth Fund and the Michael & Susan Dell Foundation. Local Capital Mobilized A notable feature of

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