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Gerald Otim 

African Changemaker

Gerald Otim  

Gerald is an accomplished Ugandan entrepreneur driving financial inclusion by growing the developing world’s digital financial infrastructure.

He is the CEO of Ensibuuko, a leading provider of digital financial services to rural communities in Uganda. As the CEO of Ensibuuko, Gerald has created a digital solution that connects the unbanked to the broader financial ecosystem.

Through his innovative approach, Gerald has made a real difference in the lives of thousands of people, empowering them to build better futures for themselves and their families. Gerald’s work has earned him international recognition, including being named as a Forbes 30 Under 30 honoree in the Social Entrepreneurship category in 2018.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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Nthabiseng Mosia

African Changemaker

Nthabiseng Mosia

Nthabiseng is a true champion of sustainable energy solutions in Africa and has significantly impacted the renewable energy sector.

She is the Co-Founder of Easy Solar, a social enterprise that provides affordable and reliable solar energy solutions to households and businesses in West Africa. As the Co-Founder of Easy Solar, Nthabiseng has been at the forefront of providing affordable and reliable solar energy solutions to households and businesses in the region.

Nthabiseng’s passion for renewable energy and commitment to driving social and economic development in Africa is truly inspiring. Her efforts to promote sustainable energy solutions are helping to make a difference in the lives of thousands of people.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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Esther Mwaniki

African Changemaker

Esther Mwaniki

Esther is a Kenyan leadership development expert passionate about shaping the next generation of African leaders

She is the Founder of Lapid Leaders Africa, a leading organization that aims to ignite prowess in the next generation of African leaders, enabling them to reimagine the possible. The Pan-African platform is on a mission to build a community of value-driven young leaders dedicated to being solution providers and change-makers across the African continent.

Lapid Leaders Africa delivers an outstanding experience that provides world-class leadership, innovation, and entrepreneurship education to Africa’s exceptional young talent. Through Lapid Leaders Africa, Esther has helped to shape and inspire the next generation of African leaders. Her efforts have earned her global recognition, having previously been listed as an African Women in Public Service Fellowship by the Oprah Winfrey Foundation.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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Mounir Nakhla 

African Changemaker

Mounir Nakhla

Nakhla is a serial entrepreneur and founder of businesses delivering microfinancing to SMEs and individuals.

He is the Co-Founder and CEO of MNT-Halan, Africa’s first unicorn of 2023 and Egypt’s first-ever private tech firm to break above $ 1 billion. MNT-Halan is Egypt’s leading fintech ecosystem and the largest growing lender to the unbanked and underbanked, driving the fintech boom in the MENA region.

Nakhla has over 15 years of experience in the telecoms and technology industry. He has been honoured and recognized for his contribution to the growth of the two sectors in Africa.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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Mukuru Clean Stoves

StartUp Spotlight

Mukuru Clean Stoves

starup-spotlight

Kenya’s Mukuru Clean Stoves is revolutionizing how people cook and heat their homes in Africa.

With a focus on sustainability and innovation, Mukuru Clean Stoves aims to reduce the negative impact of traditional stoves and charcoal on the environment and people’s health. Their solution? An efficient and affordable cookstove that uses up to 50% less charcoal and reduces carbon emissions and toxic fumes. But their impact does not end there. Mukuru Clean Stoves is scaling up a women-led clean cookstove value chain in Kenya, employing local women artisans and technicians to manufacture the cookstoves from recycled materials. To date, the startup has sold over 250,000 clean cookstoves in Kenya, enabling families to save over $20 Million in fuel costs and impacting the lives of over 1,200,000 people.Mukuru Clean Stoves was founded in 2017 by Charlot Magayi.

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Pan-African neobank Payday has raised $3 million in seed funding

New Investments

Pan-African neobank Payday has raised $3 million in seed funding

Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.

The funding round was led by led by TeamApt Inc. (now Moniepoint Inc) Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors – Dare Okoudjou, Founder and CEO of MFS Africa and ‘Tola Onayemi of  NorabaseThe investment brings Payday’s total investment to $5.1m, following a $2m+ pre-seed round in 2021. Founded in 2021, Payday is a fintech startup helping Africans send and receive money globally.

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South African fintech startup Peach Payments closes $31 million Series A funding round

New Investments

South African fintech startup Peach Payments closes $31 million Series A funding round

South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.

Peach Payments is a cutting-edge payment platform that allows businesses of all sizes to process payments quickly, securely, and efficiently. By leveraging the latest technology and a deep understanding of customer needs, the startup has emerged as a leader in the fast-growing fintech sector. Peach Payments secured the latest investment from Apis Growth Fund II, a private equity fund managed by Apis Partners, a UK-based asset manager. The startup will use the funding to fuel its expansion plans across South Africa and beyond.

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Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion

New Investments

Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion

 Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.

The funding round was led by Verod-Kepple Africa Ventures, with follow-on investment from VestedWorldEchoVC Partners, CMC 21 & Alsa, and SheEquity. Founded in 2016, Shuttlers offers a range of shared transportation options, including buses, vans, and cars, with routes that cover major cities and suburbs across Nigeria. Their app-based platform allows users to book rides in real-time, and the company is committed to providing safe, comfortable, and reliable services. The company aims to make transportation more accessible and affordable for all Nigerians.

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Kenyan agritech Victory Farms has raises $35 million in Series B funding round 

New Investments

Kenyan agritech Victory Farms has raises $35 million in Series B funding round

Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.

Creadev led the Series B round, with participation from the Acumen Resilient Agriculture Fund (ARAF)DOB Equity, Endeavor Catalyst Fund, and Hesabu CapitalFounded in 2015, Victory Farms leverages innovative technologies to bring together the best aquaculture practices from around the globe to tackle the challenges of; rapidly declining wild fish catch in Lake Victoria, rising populations and undernourishment. The startup is on a mission to build a commercial tilapia farm to feed 2 billion Africans with affordable, accessible and healthy protein over the next two decades. Victory Farms intends to invest the funding to finance the expansion of its operations in Kenya and Rwanda and potential entry into Ethiopia, Uganda, and Tanzania.

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