- 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 African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.