- 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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Swedfund, Sweden’s development finance institution, is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for businesses and projects that reduce greenhouse gas emissions across Africa.
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AFC Capital Partners has launched the Infrastructure Climate-Resilient Fund Nigeria to mobilize capital from Nigerian institutional investors for climate-resilient infrastructure projects in Nigeria and other African markets.
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Ventures Platform has closed its second institutional fund, VP Pan-African Fund II, at $84 million, exceeding its original $75 million target.