- EmpowerAfrica
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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.
African Changemaker
Polo is a highly accomplished and experienced entrepreneur and private equity investor on a mission to bridge the gender financing gap in Africa.
An accountant by training, Polo is the Chair and Founder of IDF CAPITAL, a South African-based entrepreneurial financier and advisory firm. She is also the Co-Founder of Alitheia IDF, a women-focused PE fund that drives growth in African SMEs by leveraging gender-balanced businesses.
Before moving into the private sector, Polo also worked in the public sector. She is credited with leading South Africa’s first-ever Codes of Good Practice development on the Broad-Based Black Economic Empowerment policy.
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Madica has secured an additional $6 million from Flourish Ventures to invest in 25 to 30 African startups over the next three years.
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The Nclude Fund, advised by DPI Venture Capital, has reached a final close of more than $112 million to invest in financial technology and related businesses across Africa and the Middle East.