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DPI Venture Capital closes nclude fund at over $112mn

Reported by Cnbcafrica ·Fintechgate
Oct 30, 2026· 1 min read
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Key Takeaways
  • • DPI Venture Capital made a final close of its Nclude Fund at over $112 million, according to CNBC Africa, to support its next phase of investment across Africa and the Middle East.
  • • Managing Partner and Head of DPI Venture Capital Ashley Lewis outlined three investment themes: affordable insurance and healthcare access, credit access for SMEs, and savings and investment products for individuals.
  • • The close positions the fund to deploy capital into inclusion-focused sectors across the two regions, with the source article offering limited detail on target allocations or deal pipeline.
Summary
DPI Venture Capital has completed a final close of the Nclude Fund at over $112 million, according to CNBC Africa, providing capital for the firm's next phase of investment across Africa and the Middle East. The announcement was published on October 30, 2026.

Ashley Lewis, Managing Partner and Head of DPI Venture Capital, joined CNBC Africa to discuss the fund's direction. Lewis said the firm's focus remains on expanding into themes including affordable insurance and healthcare access, unlocking credit access for small and medium-sized enterprises (SMEs), and helping individuals save and invest for the future.

The primary source does not disclose the fund's target size, investor composition, number of portfolio companies, or specific deployment timeline. Readers seeking those details should consult DPI Venture Capital directly or follow subsequent reporting.

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Sources

2 outlets

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Cnbcafrica DPI Venture Capital closes nclude fund at over $112mn Fintechgate DPI Venture Capital Closes Nclude Fund at More Than $112 Million to Back Technology Companies Across Africa and the Middle East