The Empower Africa Business Platform is Now Live !!!
With a track record of over 25 investments in 14 countries, Amethis has already significantly impacted Africa’s private equity landscape. The new fund will enable the firm to continue supporting entrepreneurs and businesses, making a difference in Africa’s future. The $490 million fund will focus on investing in high-growth sectors such as healthcare, education, financial services, and consumer goods. Amethis’ latest move comes at a time Africa’s private equity market is rapidly evolving, with the pan-African fund a clear demonstration of the firm’s commitment to driving sustainable socio-economic development on the continent.

South Africa took a significant step towards integrating Artificial Intelligence (AI) into its national defense and security with the launch of the Defence Artificial Intelligence Research Unit (DAIRU).

Gebeya, a leading Pan-African talent cloud technology company, has joined forces with NVIDIA, a global powerhouse in graphics and AI technology, to establish a network of 50,000 NVIDIA-certified developers in Africa.

In a significant step towards clean energy and improved electricity access, a consortium of Development Finance Institutions (DFIs) and renewable energy fund manager Frontier Energy has announced a co-investment of over $52 million for the Planet Solar project in Sierra Leone.