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Angel Portal
ZAMBIA AT HEART. POSSIBILITY AHEAD.
Powering technological and industrial convergence across the Zambezi Growth Corridor.

LIVE MARKET SNAPSHOTS
The kwacha, copper and gold at a glance.
FOREIGN EXCHANGE
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We are an impact-driven investment and advisory firm connecting evidence, innovation and purpose.
From understanding markets to helping institutions adapt, we bring a thoughtful perspective to the decisions that shape tomorrow.
Research and data to see the opportunity clearly.
Trust, transparency and shared understanding.
Financial, social and environmental outcomes.
INSTITUTIONAL ADVISORY
Specialist thinking for organisations navigating change, building capacity and pursuing sustainable growth.
Research, data and market analysis to help institutions understand change, evaluate opportunities and make informed decisions.
Discuss your needsREPORTING & UPDATES
Our Quarterly Market Updates bring together analysts and guest experts to explore Zambia, global markets and the forces shaping investment.
View all episodesExpertise across markets, technology and sustainable growth. The voices behind our Quarterly Market Updates.
Software engineering & AI

Research meets technology
Sonny is a software engineer with research in artificial intelligence and natural language processing. His MCom at the University of Johannesburg explored automated language generation for marketing and education.
His research and engineering background offers a technical lens for QMU discussions on AI, digital innovation and the changing delivery of financial services.
Venture capital & impact investing

Capital with impact
Haggai is an economist whose work spans impact investing, financial sector development and sustainability. He holds an MBA in Strategy and Finance from Michigan Ross and an MA in Economics from the University of Zambia.
In the February 2024 QMU, he explained venture funding stages and exit routes, helping audiences understand how African businesses raise growth capital.
Macroeconomics & investment analysis

The economic picture
Bupe is a financial and investment analyst whose experience includes Monter Capital Partnership. Her work connects macroeconomic developments with the conditions shaping investment.
Zambezi Capital’s Q1 2023 update featured her analysis of GDP growth and inflation. Her macroeconomic perspective helps audiences connect economic indicators with the broader market outlook.
Corporate finance & digital assets

Connecting market perspectives
Malanga’s finance background includes budgeting, forecasting and market-data business analysis at TMX Group. He was awarded a Coinbase scholarship for the University of Nicosia’s MSc in Blockchain and Digital Currency programme.
He hosted the February 2024 QMU, connecting specialist perspectives across markets. His finance and digital-assets background brings context to discussions of innovation and financial inclusion.
Precious metals & financial planning

Understanding the trade-offs
Tafara combines market commentary with financial education. She has co-delivered training on financial planning, pricing strategies and revenue management for entrepreneurs.
In the February 2024 QMU, she compared gold and silver through liquidity, volatility and industrial demand, giving audiences a clearer framework for understanding precious metals.
Investment, policy & energy transition

From policy to markets
Daniel is an economist, investment adviser and founder of Zambezi Capital. His work spans public policy, private-sector innovation, sustainable development and digital transformation.
In the February 2024 QMU, he connected electric-vehicle growth with Zambia’s copper resources and battery value chains, bringing an investment and policy perspective to the energy transition.
Insurance, risk & financial resilience

A lens on resilience
Mainga’s professional background includes ZSIC General Insurance. His published commentary explores business risks, financial resilience and the role of technology in insurance.
This insurance and risk perspective is relevant to QMU discussions about how households, firms and financial institutions respond to uncertainty and technological change.
Financial analysis & market commentary

Making markets accessible
Cedric is a financial analyst and business adviser whose professional profile includes financial planning, pricing strategy and business consulting.
His Financial Insight interview with Kukula Capital examined Zambia’s debt restructuring and exchange-rate performance. That reporting experience offers context for QMU discussions of domestic markets and financing conditions.
Technology & product innovation

Technology in the real economy
Ng’andu builds digital products and web solutions, with experience spanning application development and AI in finance. His public writing examines technology adoption and the practical needs of African businesses.
He publicly announced his technology contribution to Zambezi Capital’s Q4 2023 market update, bringing a product-builder’s perspective to how innovation changes businesses and markets.
Explore the team. Select + to read a profile.
QUARTERLY MARKET UPDATE
473 deals
569 investors
−46% year on year
547 deals
−28% year on year
74 deals
41 investors
Even in a tougher funding year, African ventures attracted US$3.5 billion across 547 deals in 2023. A long-term perspective connects today’s enterprise with tomorrow’s possibilities.
462 deals
539 investors
+25% year on year
570 deals
+7% year on year
108 deals
77 investors
African tech ventures attracted US$4.1 billion across 570 deals in 2025. Debt drove the funding recovery, while equity grew more selectively. Building capabilities today prepares businesses for tomorrow’s capital.
ANGEL PORTAL
LET’S BUILD WHAT’S NEXT
Start a conversation about your organisation,
your ambitions and how we can help.
Haggai Chomba
VC & PE Analyst
Listen to Haggai’s perspective