- 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
Alain is an Ivorian entrepreneur, innovator, and the brain behind the recently launched Open G smartphones in Cote d’Ivoire.
Open G is Ivory Coast’s first locally-made smartphone and aims to improve accessibility with voice commands in local languages for users who can’t read and write. The phone can understand commands and respond in 16 of Ivory Coast’s approximately 60 languages.
Alain is imparting his knowledge and skills in innovation at CERCO Group, a center of Excellence for higher education and research in Africa. Present in four African countries, Alain founded CERCO Group in 1998 when he was just 20.
His contribution to Africa’s innovation space has earned him global recognition, and he has previously been named among the ten most remarkable young people in the world.
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The African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.