- 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
Aziz is a Senegalese fintech entrepreneur on a mission to build the next African PayPal by providing daily services, including payment solutions and an artificial intelligence-based personal assistant.
He is doing this through PayDunya, a Dakar-based Pan-African payments champion he co-founded in 2015.
PayDunya facilitates the sending and receiving of payments on a website or mobile application and the collection and disbursement of bulk payments. Having missed the turning point of the industrial revolution, Aziz believes Africa mustn’t miss out on the digital one.
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Inside Capital Partners, a prominent private equity group operating across southeastern Africa, has injected fresh capital into RDG Africa, a solar home systems and clean-energy firm active in Zambia and the Democratic Republic of Congo (DRC).
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Finnfund, a Finnish development finance institution, has committed a $4 million debt investment to Kenyan internet provider Poa Internet to accelerate the rollout of affordable, high-speed broadband across underserved and low-income communities in Kenya.
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Uncovered Fund, a Tokyo-based venture capital firm, has teamed up with Japanese financial services group Monex Ventures to roll out the Uncovered Monex Africa Investment Partnership (UMAIP)—a $20 million fund designed to fuel early-stage innovation across Africa and the Middle East.