The Empower Africa Business Platform is Now Live !!!
This new injection of fuel will propel Zeal’s ambitious expansion plans across Europe, the Middle East, and Africa, following its recent entry into the UK market.
Founded in 2019, Zeal empowers retailers and businesses with innovative payment solutions that go beyond mere transactions.
Their game-changer? The SmartPOS Plugin, a technology that transforms existing credit card machines into powerful customer engagement tools.
“This investment fuels our mission to bridge the gap between billions of customers and millions of retailers,” says Ebeid. “We’re using AI to revolutionize retail customer engagement on a global scale.”
The SmartPOS Plugin leverages standard POS terminals to understand customer behavior, enabling retailers to identify, segment, and retarget customers with personalized experiences.
“Zeal’s comprehensive solution holds immense potential for the global payment landscape,” says Wael Nafee of Raed Ventures. “We’re thrilled to support their vision and watch them transform in-store customer engagement.”
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

African seed-stage investor Ventures Platform has announced that the first close of its second institutional vehicle, VP Pan‑African Fund II, has reached US $64 million, with a target of reaching US $75 million at final close.

Dawa Mkononi, a Tanzanian tech company revolutionizing medicine distribution in East Africa, has secured funding from esteemed investors like Sanofi, Pontem Ventures, and Villgro Africa.

Cauris Finance, an Africa-focused impact credit fund, has successfully closed a $40 million debt facility with a U.S.-based institutional investor.