Press Release
For Immediate Release
Lusaka, Zambia – November 25th, 2024 – wCap Limited is pleased to announce a US$ 250,000 equity investment in Zanga African Metrics, a innovative leadership development and human resources (HR) data analytics company in Zambia that is dedicated to transforming recruitment, leadership development, succession readiness and retention of key staff by using quality HR data insights. This investment marks an exciting step forward for both firms, aiming to deepen digital innovation in the African data landscape while improving the quality of leadership in key sectors such as finance, healthcare, mining and logistics by making data-driven decisions.
Zanga African Metrics was founded to address the critical need for accurate, accessible data about staff strengths and needs in emerging African markets. Zanga leverages advanced assessments and analytics to deliver insights to HR and Senior Management that are essential for both the public sector and private companies. “This partnership with wCap will enable Zanga African Metrics to accelerate its technology development, expand its team, and enhance service delivery across Zambia and beyond, “said Nankhonde Kasonde van den Broek, Founder and Chief Executive Officer of Zanga African Metrics.
“Our investment in Zanga African Metrics aligns with our vision of supporting high-impact startups driving change. Zanga’s innovative approach to assessments and HR data analytics has the potential to transform entire industries, and we’re excited to support their journey to scaling and achieving lasting impact,” said Nyeji Mhango and Yvonne Mpala, Partners at wCap.
Since its participation in wCap’s Business Advisory Programme, Zanga African Metrics has consistently demonstrated its potential as a transformative force in the HR data analytics space. Over the years, Zanga has continued to seek our strategic insights, fostering a strong and collaborative relationship that has grown beyond initial mentorship.
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About wCap:
wCap Limited is an investment management firm that invests with a gender lens in high-growth businesses that have a climate impact in Zambia and Southern Africa. The institution invests patient capital in early-stage businesses operating in renewables, circular economy, blue economy, technology, sustainable agriculture, and eco-friendly manufacturing.
About Zanga African Metrics:
Zanga African Metrics is a Zambian, female-owned company specializing in the design and development of human capital solutions uniquely adapted to high context cultures. The company  Empowers Organizations with Strategic Learning & Development Solutions, Leadership Assessments, HR Analytics, & Courses.
For more information, contact:
Martina Phiri
Principal
wCap
Addis Ababa Corporate Office,
Cnr. Of Mwaimwena & Addis Ababa Road,
Office 03a, 3rd Floor,
LUSAKA
Zambia
Phone: +260771860511
Email: info@womencapital.co
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