- 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
Chinedu is a successful serial entrepreneur and an entrepreneurial ecosystem builder. Born in Nigeria, Chinedu has founded several companies over the past two decades.
In 2005, he co-founded HopStop.com, a popular app that helped millions of users navigate public transportation worldwide. Apple acquired HopStop in 2013 and subsequently incorporated much of HopStop’s functionality into Apple Maps.
Chinedu describes himself as a visionary leader, a human-centered problem solver, an educator, a guide and a generous mentor focused on helping others discover their Superpowers.
Today, Chinedu operates his Love & Magic Company, a start-up studio that co-builds companies with innovative organizations. He has previously been named one of the “10 Most Powerful People in Africa” by Forbes.
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Namibia-based alternative investment firm Bellatrix Investment Managers has launched a new $10 million venture capital fund aimed at backing early-stage startups across Southern Africa.
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Pan-African debt recovery and distressed credit investor BFREE has secured a new growth investment round aimed at expanding its ability to purchase bad loan portfolios from banks and digital lenders across Africa.
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Village Capital has made its first investments through the Africa Ecosystem Catalysts Facility (AECF), deploying $350,000 into two startups in Ghana as the nonprofit deepens its push to support early-stage African businesses tackling essential everyday challenges.