- 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
Tokunboh is a Nigerian mentor, entrepreneur and investor who has dedicated her career to driving economic growth and social impact in Africa.
She is the Co-Founder and Managing Partner of Alitheia Capital, a private equity firm focused on investing in high-growth, innovative businesses that create jobs and improve livelihoods in the continent.
Tokunboh also served as the chair of the African Venture Capital Association, a not-for-profit entity founded to promote, develop and stimulate private equity and venture capital in Africa.
Through her leadership, she has driven innovation, created jobs, and helped transform the African business landscape. Her commitment to excellence and social impact has inspired countless individuals to pursue their dreams and make a difference in their communities.
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The European Union has unveiled a €545 million (about US$636 million) investment package to boost clean energy and modernise electricity networks in nine African nations.
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The European Investment Bank (EIB) is preparing to invest USD 38 million in Tanmiya Capital Ventures Fund II, a private equity vehicle aimed at strengthening Egypt’s private sector while enhancing trade and investment links with the European Union.
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Norway’s development finance institution, Norfund, has pledged up to US$6 million to support the farmer-led acquisition of Langeberg Foods, a major South African canned fruit producer.