- 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
Stanford is a South African entrepreneur, venture capitalist, and
champion for Africa’s tech ecosystem.
He is the Co-Founder and General Partner of 4Di Capital, a Cape Town-based venture capital firm that invests in technology startups. Stanford started his career as a software developer before transitioning to entrepreneurship and is recognized as one of the leading figures in the South African startup ecosystem. He has served as a mentor and advisor to numerous startups and has been a vocal advocate for improving the business climate for entrepreneurs in the country.
Stanford co-founded the Silicon Cape Initiative in 2009 to highlight and catalyzer South Africa’s nascent emerging technology startup ecosystem. In 2013, Forbes listed him as ’30 Under 30: Africa’s Best Young Entrepreneurs.
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The European Bank for Reconstruction and Development (EBRD) is considering an investment of up to €40 million in Amethis MENA Fund III, a new private equity vehicle focused on supporting the growth of small and medium-sized businesses across North Africa and parts of the Middle East.
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British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has launched a new investment strategy for Egypt, reaffirming its long-term commitment to one of its largest markets in Africa, following nearly $1.3 billion in investments in the country since 2012.
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Africa Finance Corporation (AFC) has secured its largest syndicated loan facility to date, raising $2 billion from a consortium of international lenders in a strong vote of confidence for the institution’s infrastructure-led development strategy across the continent.