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.

South Africa’s state-owned asset manager, the Public Investment Corporation (PIC), has committed $30 million to a private-credit vehicle run by the Africa-focused alternative investment firm Enko Capital.

Zanifu, a Kenyan fintech company that provides inventory financing to micro, small, and medium-sized businesses (MSMEs), has raised $11.2 million in debt-equity funding in a pre-Series A round.

Hohm Energy, a South African climate tech startup, has raised $8 million in seed funding to accelerate its mission of bringing affordable and accessible rooftop solar solutions to individuals and businesses across the country.