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The new funds will be used to deepen Asoko’s research and analysis of more than a thousand privately held companies in Nigeria, Kenya and Ghana, the company’s top markets and to extend regional operations and build out the technology behind its digital platform.
Rob Withagen, co-founder and Managing Director of Asoko Insight, said: “This new funding will allow us to give customers insight on even more companies across Africa, while adding analytics in a seamless user experience. Africa’s got great corporations. Now it has great corporate data, available to everyone.”
Asoko represents a new and innovative approach to conducting business development and due diligence. In building the continent’s leading business intelligence platform, Asoko will lower the cost of doing business, and make available intelligent and regularly updated information for regional and global corporates, investors, lenders, professional service providers, DFIs and governments looking to engage with African companies.