- 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
Uju is a Nigerian entrepreneur who aims to break down barriers to pan-African agri-trade.
She is the Founder and CEO of Traders of Africa (TofA), a Nigerian startup that operates an online marketplace for agricultural products.
Founded in 2017, Founders of Africa aims to connect African farmers with buyers worldwide, providing a platform for them to sell their products seamlessly and expand their markets.
Before founding Traders of Africa, Uju worked in finance and investment banking, including roles at Goldman Sachs and the African Development Bank. Uju has been recognized as one of Africa’s most promising young entrepreneurs and was named one of Forbes Africa’s 30 Under 30 in 2019.
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The Nclude Fund, advised by DPI Venture Capital, has reached a final close of more than $112 million to invest in financial technology and related businesses across Africa and the Middle East.
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Ground Up Investing, the impact investing arm of Corus International, has announced a $6 million first close for its second fund, which will provide working capital loans to agricultural businesses in Kenya, Uganda and Rwanda, alongside three Latin American markets.
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Afreenergy Solar has secured a senior debt facility equivalent to approximately $13.5 million from the Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by UK-based Camco, to refinance operating rooftop solar assets and develop new solar and battery storage projects for businesses in Senegal.