- 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 Egyptian fintech enthusiast and entrepreneur with a demonstrated history of working in the financial technology industry.
He is a strong advocate for entrepreneurship and financial Inclusion as the two main cornerstones for social and economic prosperity.
Alain is the Co-Founder and COO of Paymob, a financial technology company based in Cairo on a mission to fuel SME growth in the digital economy.
Paymob offers a payments gateway that delivers the most innovative digital payment methods to businesses of all sizes. Alain started his entrepreneurial journey while studying computer science at the American University in Cairo.
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AHL Venture Partners has completed the second close of its AHL Africa Credit Fund I at $45.5 million, advancing the private credit vehicle toward its $70 million fundraising target.
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Village Capital has invested a combined $450,000 in Nigerian startups Trade Lenda and AirSmat through its $4 million Africa Ecosystem Catalysts Facility, extending the fund’s portfolio into Nigeria after its first investments in Ghana.
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Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand cross-border payments infrastructure connecting businesses in Central Africa with trading partners in Asia.