- 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
Ismael is a Moroccan entrepreneur revolutionizing the e-commerce sector in Africa.
He began his professional career in 2009 at the Paris office of the Boston Consulting Group before he returned to Morocco to launch the first web incubator in the country, Wib.co.
Ismael is the Founder and CEO of Chari – YC S21 – Ecom and Fintech apps for retailers in French-speaking Africa, a “one-stop shop” that puts the power of e-commerce in the hands of retailers.
Chari is helping small retailers in French Speaking Africa procure store inventory and deliver it for free while benefiting from payment facilities.
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AHL Venture Partners has completed the second close of its AHL Africa Credit Fund I at $45.5 million, advancing the private credit vehicle toward its $70 million fundraising target.
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Village Capital has invested a combined $450,000 in Nigerian startups Trade Lenda and AirSmat through its $4 million Africa Ecosystem Catalysts Facility, extending the fund’s portfolio into Nigeria after its first investments in Ghana.
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Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand cross-border payments infrastructure connecting businesses in Central Africa with trading partners in Asia.