- 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
Acha Leke is a Cameroonian businessman and consultant currently serving as the Chairman of Africa for McKinsey & Company, a global management consulting firm.
In this role, he leads the firm’s work across Africa, business building, turnarounds, and economic development for key governments, public institutions, and major companies across Africa.
Outside of McKinsey, Leke co-founded the African Leadership Network, a network of African leaders who aspire to bring prosperity to the continent.
He is also the co-founder of the African Leadership Academy, a coeducational boarding school that aims to develop the next generation of African leaders.
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Maia Capital Partners has committed R150 million (US$9.12 million) in mezzanine debt financing to South African renewable energy company Nesa Power, providing growth capital to expand its commercial and industrial (C&I) solar business and increase its portfolio of long-term power purchase agreements (PPAs).
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Nigeria’s Bank of Industry (BOI) has appointed Kuramo Capital Management as fund manager for the $170.6 million DICE Fund of Funds.
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Nairobi-based venture capital firm Novastar Ventures has partnered with Google to launch an Applied AI Lab that will give African startups and researchers access to advanced artificial intelligence technology, technical expertise, funding opportunities, and venture support.