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    You are at:Home»Africa Intelligence»IHC invests in Peko Holdings to accelerate AI-powered automation for small and medium-sized businesses – IT News Africa
    Africa Intelligence

    IHC invests in Peko Holdings to accelerate AI-powered automation for small and medium-sized businesses – IT News Africa

    Xsum NewsBy Xsum NewsDecember 24, 2025No Comments3 Mins Read8 Views
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    IHC, a global investment firm focused on building dynamic value networks, announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company that provides an integrated digital platform to simplify and automate core operations.

    Peko provides an all-in-one digital solution built to help businesses streamline their financial management and critical administrative processes through a single, intuitive interface. The platform allows businesses to manage a wide range of activities including bill payments, payroll, invoicing, travel, corporate cards, compliance services, and other operational workflows. By consolidating these mission-critical capabilities into one platform, Peko reduces operational complexity, increases efficiency, and enables you to scale your business more effectively.

    Peko was built with small and medium-sized businesses in mind, meeting the growing demand for modern, automated infrastructure to replace fragmented legacy systems. Its modular Platform-as-a-Service model allows businesses to adopt only the services they need while benefiting from seamless integration between functions. Peko is powered by recurring subscription-based revenue, strong customer retention, and inherent scalability, positioning it as the foundational digital infrastructure for the next generation of digital-first companies.

    This acquisition is closely aligned with IHC’s investment strategy to support category-defining platforms with robust governance frameworks, clear scalability paths, and the ability to create long-term, sustainable value across global markets. It also strengthens IHC’s focus on technology-enabled businesses that improve efficiency, expand financial access, and strengthen operational resiliency.

    As part of its innovation roadmap, Peko is actively integrating artificial intelligence across its platform. This includes deploying an AI-powered assistant designed to automate routine tasks such as invoicing, expense management, forecasting, and administrative documentation. These features are intended to further improve productivity and allow businesses to focus on strategic growth rather than manual processes.

    Commenting on the acquisition, IHC CEO Said Bassar Shweb said Peco represents a scalable and future-proof platform that is in line with the group’s long-term vision. “Peko leverages technology to unlock productivity and growth while addressing real operational challenges that businesses face. This investment strengthens our digital services portfolio and advances our strategy to build integrated value networks across high-growth sectors. We see strong potential for Peko to expand regionally and globally as AI becomes increasingly integrated into business operations.”

    Mr. Kashif Khan, Founder and CEO of Peco Holdings Limited, said this partnership is a pivotal milestone. “Peko was built to empower enterprises with a single, intelligent platform that can manage their operations end-to-end. Our partnership with IHC provides us with the scale, strategic support, and long-term perspective we need to accelerate innovation, expand into new markets, and deliver significant value to small and medium-sized businesses around the world.”

    The transaction follows a series of recent strategic acquisitions and investments by IHC, including Invictus Investment, Sammaan Capital, First Women Bank Limited and Zelo. These moves highlight IHC’s aggressive deployment of capital into high-growth platforms across financial services, technology and digital infrastructure, reinforcing IHC’s commitment to enabling economic participation, operational efficiency and sustainable growth across diverse markets.

    //Staff writer

    accelerate Africa AIpowered automation businesses Holdings IHC invests mediumsized news Peko small
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