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Ousmane Diagana

Ousmane Diagana

Ousamane Diagana is a Mauritanian economist dedicated to improving lives and fostering sustainable development in West Africa.

 

He is currently serving as The World Bank Regional Vice President for Western and Central Africa. In this pivotal position, Mr. Diagana shoulders the responsibility of nurturing relationships with 22 countries while overseeing a vast portfolio of projects, technical assistance initiatives, and financial resources valued at over $40 billion. His impressive journey with the World Bank includes serving as the Country Director for Côte d’Ivoire, Burkina Faso, Benin, Guinea, and Togo, with his base in Abidjan.

Preceding this role, he held the position of Country Director for Mali, Niger, Chad, and Guinea, stationed in Bamako.
Ousmane Diagana’s career has been marked by visionary leadership and a deep commitment to making a positive impact on the lives of millions across Western and Central Africa. His unwavering dedication to development has made a significant difference in the region. Under Ousmane’s leadership, the Western/Central Africa Region at the World Bank has seen remarkable progress in addressing critical challenges such as poverty reduction, infrastructure development, healthcare, and education.

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Aida Diarra

Aida Diarra

In a world where financial inclusion and digital transformation are at the forefront of global progress, we can’t help but shine a spotlight on one remarkable leader who has been driving positive change in Sub-Saharan Africa.

 

Meet Aida Diarra, the Head of Sub-Saharan Africa at Visa, and a true visionary in the realm of payments and financial services. Aida Diarra has dedicated her career to making financial services accessible to all, especially in regions where this access was limited. Her tireless efforts have empowered countless individuals and businesses across Sub-Saharan Africa, paving the way for economic growth and prosperity.

Aida’s work at Visa has been instrumental in shaping the digital payments landscape in Africa.
Her innovative strategies and partnerships have accelerated the adoption of digital payments, providing secure and convenient financial solutions to communities across the continent. Aida’s leadership is an inspiration to many aspiring leaders, particularly women in the tech and financial sectors.

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Lelemba Phiri

Lelemba Phiri is an award-winning Zambian-born educator, author, keynote speaker, and gender-lens angel investor.

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Ramez El-Serafy 

Ramez El-Serafy has been actively involved in the entrepreneurship and innovation ecosystem in the MENA region and has played a significant role in supporting and mentoring startups.

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Samy Mwamba

Samy Mwamba

Samy Mwamba is a Congolese edtech entrepreneur making a significant impact on the African continent.

 

He is the Co-Founder and CEO of Itot Africa, a DRC-based startup providing customised digital content, coding, programming, training and e-learning to businesses, SMEs and entrepreneurs in Africa and the United States. Founded in 2017, Itot Africa has emerged as a beacon of hope for countless young Africans seeking to enhance their skills and embrace the opportunities offered by the digital realm. The impact of Itot Africa is far-reaching.


By offering accessible and relevant education, they are not only enhancing employability but also nurturing the entrepreneurial spirit of countless African youth.
Through their efforts, individuals are gaining the confidence and knowledge to harness the power of technology for their growth and the prosperity of their communities. Samy Mwamba’s work with Itot Africa is a shining example of what can be achieved when passion, innovation, and a commitment to education converge.

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 Benjamin Fernandes 

Benjamin is a Tanzanian technology entrepreneur and the Founder and CEO of NALA Africa’s first mobile money application that allows users to make transactions without an internet connection.

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Maya Horgan Famodu

Maya is a Nigerian-American venture capital investor and entrepreneur committed to ensuring brilliant people, wherever they are located, have access to the resources they need to build wildly scalable businesses.

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South African Insurtech Startup Root Secures $1.5M for Europe Expansion

New Investments

South African Insurtech Startup Root Secures $1.5M for Europe Expansion

Root, a South African insurtech startup, has secured $1.5 million in funding to accelerate its expansion plans in the UK and Europe.
 

The funding round was led by Invenfin, the venture capital arm of Remgro Limited.

Root was founded in 2016 by Louw Hopley and provides an end-to-end insurance platform that enables companies to build, sell, and manage digital insurance products.

The company’s platform is low-code and API-first, making it easy for businesses to develop and deploy custom insurance solutions.

Root has already established a presence in the UK and Europe, and its platform is being used by a number of leading insurers and fintech companies.

The fresh funding will allow Root to expand its team and further develop its platform to meet the growing demand for embedded insurance.

Embedded insurance is a new way to distribute insurance products, in which insurance is embedded into other products and services.

For example, a car rental company might offer embedded insurance to its customers to protect them against accidental damage.

Embedded insurance is a rapidly growing market, and Root is well-positioned to capitalize on this growth.

The company’s platform makes it easy for businesses to offer embedded insurance products, and Root has a strong track record of working with leading insurers and fintech companies.

Root’s new funding round is a significant milestone for the company and for the African insurtech ecosystem.

It is a testament to the growing interest in investing in African startups and to the potential of Root to make a positive impact on the global insurance industry.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Delphine Traoré 

Delphine Traoré

Delphine is a prominent figure in the finance and insurance industry and has played a significant role in the African business landscape.

She is the CEO of SanlamAllianz, one of the largest insurance companies on the continent. Under Delphine’s visionary leadership, Allianz Africa has achieved unprecedented milestones. She has been at the forefront of steering the company’s expansion across the continent. Her dedication to innovation has resulted in the development of innovative solutions that address the diverse needs of Allianz Africa’s clients.

Delphine, who is a passionate advocate for women’s empowerment and financial inclusion, serves as an inspiration to countless individuals, especially women, who aspire to reach the pinnacle of leadership in the financial and insurance sectors.

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Mirna Arif

Mirna Arif is the General Manager of Microsoft Egypt, the first woman to assume this role.

 

Arif has over 20 years of experience in the technology industry, having worked for multinational organizations and public sector entities across Europe, the Middle East, and Africa. Prior to joining Microsoft, Arif held several senior positions at GE Oil & Gas, Emerson Automation Solutions, and Surface Business Group. She is passionate about digital transformation and is committed to helping Egyptian organizations accelerate their digital journey.

Arif is also a strong advocate for diversity and inclusion in the workplace. She is a board member of Egypt Women on Boards Observatory, Egypt’s Chamber of Information Technology & Communication, and the Advisory Board of UNICEF GenU Egypt (Shabab Balad).
She is a highly accomplished and respected leader in the Egyptian technology industry, with her appointment as General Manager of Microsoft Egypt a testament to her skills and experience.

Under Arif’s leadership, Microsoft Egypt has made significant progress in helping Egyptian businesses and the country embrace the digital future.
She has overseen the launch of several new initiatives and programs, including the Microsoft Egypt Innovation Center and the Microsoft Egypt TechSpark Accelerator. In recognition of her many achievements, Arif has received numerous awards and accolades, including the Women Forum’s Top 50 Most Influential Women in Egypt, the Women in Tech Global Leadership Award, and the Egyptian Women Forum’s Distinguished Female Leader.

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Yahya Bouhlel

Yahya Bouhlel is a young Tunisian computer scientist and tech entrepreneur with a mission to build a sustainable, scalable and affordable educational platform in the Middle East and Africa.

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Techstars Toronto Accelerator Program Backs 10 African Startups in 2023 Cohort

New Investments

Techstars Toronto Accelerator Program Backs 10 African Startups in 2023 Cohort

Techstars Toronto, a renowned accelerator program, has announced its 2023 summer cohort.

The cohort features ten promising African startups among a total of 24 companies.
 

This selection underscores Techstars’ continuous commitment to fostering innovation and entrepreneurship on the African continent and its recognition of the region’s burgeoning tech talents.

The 10 African startups selected for the 2023 Techstars Toronto summer cohort are:

 
  • CatalyzU (South Africa): A digital platform that vets, trains, & places Africa’s leading talent at global startups.
  • MPOST (Kenya): The startup empowers individuals in the developing world with virtual addresses.
  • Seso (Ghana): The startup is on a mission to bring transparency in Africa’s real estate sector.
  • Ladder (Ghana): Ladder is providing personalized financial advisory and accountancy services.
  • Payfi (Nigeria): A buy now, pay later startup that provides international students access to affordable housing.
  • Cutstruct (Nigeria): The startup provides a platform for a building material marketplace, driving efficiency in construction in Africa.
  • Chimoney (Nigeria): A fintech startup that provides digital financial services to Nigerians living abroad.
  • Reeple.ai (Nigeria): A fintech startup helping helping African immigrants in the Diaspora access seamless financial services.
  • Oval (Nigeria): A fintech startup that provides customers with DeFi-enabled products. 
  • Hulugram (Ethiopia): The Ethiopian startup is enabling social engagement for over 30 million internet users in the country via a chat-based platform.
The Techstars Toronto accelerator program is a three-month intensive program that provides startups with mentorship, resources, and networking opportunities to help them grow and scale their businesses.
 

The program concludes with a Demo Day, where startups pitch their businesses to investors and potential partners.

The selection of 10 African startups for the 2023 Techstars Toronto summer cohort is a testament to the growing dynamism and innovation of the African tech ecosystem.

 
These startups are poised to play a leading role in shaping the future of Africa and the world.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Vincent Maposa

Vincent Maposa

Vincent Maposa is a South African entrepreneur passionate about innovative energy solutions.

 

He is the Founder and CEO of Wetility, a solar solutions company harnessing the sun’s power to keep South African homes and businesses energized. Founded in 2018, Wetility’s mission is to “make clean energy accessible and affordable for everyone in Africa.”

The company offers a wide range of products, including solar panels for homes and businesses, solar batteries, and solar water heaters.
Maposa’s innovative energy solution is helping businesses and homeowners save money on their energy bills, reduce their carbon footprint, and become more energy independent. Under his leadership, Wetility has achieved a number of notable milestones, including raising $48 million in debt and equity to expand its solar energy product.

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Caren Wakoli

Caren Wakoli

In a world where leadership and social impact are more critical than ever, there are individuals who stand out as beacons of hope and empowerment.

 

Caren Wakoli, the founder of the Emerging Leaders Foundation (ELF), is one such remarkable individual. Her journey is an inspiring testament to the power of one person’s vision to create lasting change. Born and raised in Kenya, Caren recognized the immense potential within her country’s youth population, despite the many challenges they faced. It is for this reason that she set out on a mission to nurture this potential and transform it into tangible impact.

Caren’s vision gave birth to the Emerging Leaders Foundation, a non-profit organization that has since become a cornerstone of youth empowerment in Kenya.
Through ELF, she has provided young people with the tools, mentorship, and resources needed to become leaders and changemakers. Caren’s work extends beyond leadership development. She is a vocal advocate for gender equality and social justice, championing the rights of women and marginalized communities in Kenya.

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Joe Kinvi 

He has a strong background in finance, having held significant roles such as Head of Finance at Touchtech Payments, which was acquired by Stripe, as well as positions at Stripe and Paystack.

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 Ory Okolloh

Ory is a Kenyan activist, lawyer, and a strong advocate for using technology to promote democracy and human rights.

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