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ShEquity Invests in Woman-owned Financial Inclusion Startup Owoafara

Source: How We Made It in Africa

ShEquity, a gender-lens investment firm that seeks to address Africa’s gender funding gap by making smart investments in African owned and led businesses, announced its investment in a Nigerian fintech startup, Owoafara Inc, led by Tale Alimi. Owoafara’s platform provides digital banking to assist the unbanked population of the world in accessing financial products and services that suit their daily needs through payments, credits, savings, health insurance, and pensions on a single platform.

The addition of Owoafara illustrates ShEquity’s unrelenting commitment to providing smart investments for African female entrepreneurs and innovators and also represents a significant milestone as the firm’s maiden special purpose vehicle (SPV) is now fully vested.