wCap Limited has made a USD 250,000 equity investment in Zanga African Metrics to enhance data analytics for leadership development in Zambia.

Information on the Target

wCap Limited has announced a significant equity investment of USD 250,000 in Zanga African Metrics, a pioneering company specializing in leadership development and human resources (HR) data analytics in Zambia. Zanga's mission is to revolutionize recruitment, leadership training, succession planning, and staff retention through insightful and quality HR data analytics. This partnership is aimed at boosting digital innovation within the African data ecosystem while enhancing leadership capacity across essential sectors including finance, healthcare, mining, and logistics via data-driven decision-making.

Founded to meet the urgent demand for reliable and accessible data concerning workforce strengths and needs in emerging African markets, Zanga African Metrics utilizes cutting-edge assessments and analytics. The insights produced are crucial for both public sector entities and private enterprises. According to Nankhonde Kasonde van den Broek, the Founder and CEO of Zanga, this investment will enable their team to accelerate technology advancements and improve service delivery not only in Zambia but also in the broader region.

Industry Overview in Zambia

Zambia's data analytics industry is rapidly evolving, marked by an increasing recognition of the value of data in driving operational efficiencies and strategic decision-making. Companies in this sector are stepping up to address the gaps in data availability and qu