- 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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South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.
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Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.
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Pan-African early-stage venture capital fund Five35 Ventures has received a major anchor investment from the Mastercard Foundation Africa Growth Fund, whose resources are managed by MEDA (Mennonite Economic Development Associates).