- 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
Mbwana is a Tanzanian entrepreneur and investor passionate about fostering African innovation and entrepreneurship.
He has been actively involved in the startup ecosystem on the continent for over a decade and is recognized as one of the leading voices in African tech.
Mbwana is the founder and Managing Partner of Savannah Fund, a venture capital firm that invests in early-stage startups in Africa. Through Savannah Fund, Alliy has invested in several successful African startups, including Twiga Foods, MPost, and Flutterwave
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South African electric vehicle startup Zimi has received a grant of $320,000 (about R6 million) from the Energy and Environment Partnership (EEP Africa Trust Fund).
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Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.
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South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.
