- 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
Acha Leke is a Cameroonian businessman and consultant currently serving as the Chairman of Africa for McKinsey & Company, a global management consulting firm.
In this role, he leads the firm’s work across Africa, business building, turnarounds, and economic development for key governments, public institutions, and major companies across Africa.
Outside of McKinsey, Leke co-founded the African Leadership Network, a network of African leaders who aspire to bring prosperity to the continent.
He is also the co-founder of the African Leadership Academy, a coeducational boarding school that aims to develop the next generation of African leaders.
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BluePeak Private Capital Fund II has invested an initial $12 million in Monty Mobile International to expand enterprise messaging services across Africa.
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The International Finance Corporation has committed $25 million to Jumia Technologies AG as part of a $50 million equity raise aimed at expanding the company’s e-commerce and logistics operations across Africa.
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British International Investment (BII) and Africa50 have signed a memorandum of understanding to expand joint infrastructure investment across Africa, with the UK development finance institution committing $20 million to the Africa50 Infrastructure Acceleration Fund.