The Empower Africa Business Platform is Now Live !!!
Nigerian fintech startup Zeeh Africa has funding to consolidate financial data in a single platform.
Zeeh Africa secured the funding from Tekedia Capital, a firm investing in mainly technology-anchored companies operating in any industry, including finance. Founded in 2022, Zeeh Africa specializes in unifying financial data in one place, offering a comprehensive solution for businesses and individuals.
The startup plans to utilize the funds to further develop its cutting-edge financial data consolidation platform, which aims to revolutionize how financial institutions manage and analyze vast amounts of data. By offering a unified solution, Zeeh Africa aims to tackle the challenge of fragmented financial information across various systems and platforms, enabling banks, insurance companies, and other financial institutions to streamline their operations efficiently.

South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.

The International Finance Corporation (IFC) has announced plans to invest up to $20 million in the Lightrock Africa Fund II (LRAF II), a new private equity vehicle focused on backing high-growth companies across Africa.

Sahel Capital has secured $29 million in initial commitments for its newest agribusiness investment vehicle, the Sahel Capital Agribusiness Fund II (SCAF II), marking the first fundraising milestone for the firm’s latest growth equity effort.