- 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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Airtel Africa and SpaceX’s Starlink have launched Africa’s first commercial satellite-to-phone service in the Democratic Republic of the Congo, enabling eligible Airtel customers to send messages from areas without terrestrial mobile coverage.
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Small Foundation has made an undisclosed investment in Unmarkets, a Nairobi-based venture builder that creates food and agricultural businesses with established African-owned companies.
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Swedfund, Sweden’s development finance institution, is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for businesses and projects that reduce greenhouse gas emissions across Africa.