- 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
Ahmad is an Egyptian entrepreneur, fintech leader, and champion for financial inclusion in the MENA region.
He is the Co-Founder and CEO of Thndr, MENA’s first digital investment platform focusing on promoting regional investment products.
Thndr is a digital investment platform designed to simplify investing by facilitating access to the right tools and resources that can empower investors to achieve financial freedom.
Prior to co-founding Thndr, Ahmad worked as an executive in the finance industry. He has been recognized for his contributions to the fintech sector by several organizations.
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The International Finance Corporation has committed $25 million to Jumia Technologies AG as part of a $50 million equity raise aimed at expanding the company’s e-commerce and logistics operations across Africa.
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British International Investment (BII) and Africa50 have signed a memorandum of understanding to expand joint infrastructure investment across Africa, with the UK development finance institution committing $20 million to the Africa50 Infrastructure Acceleration Fund.
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Small Foundation has made an undisclosed capital commitment to AgDevCo Ventures, increasing the pool of long-term financing available to early-stage agricultural businesses in East Africa.