Three enterprises from Kenya, two from Nigeria and one each from Madagascar and Zimbabwe are the recipients of the inaugural $2-million Jua Fund, the largest African venture capital fund by a private individual.

Bryt-Knowledge (Zimbabwe), GrowAgric (Kenya), Jirogasy (Madagascar), Powerstove Energy (Nigeria), Side (Kenya), Whispa Health (Nigeria) and Xetova (Kenya) all agreed to deals with the fund following a week-long “Kickstarter Olympics” during which they pitched their ideas to...