- 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 African private equity firm Infinite Partners has completed fundraising for its Core Equity Fund II, securing approximately $169.8 million to finance growth and ownership transactions in established mid-market businesses.
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East Africa Foods (EAF), a Dar es Salaam-based agritech and food distribution company, has raised approximately $40 million to expand its processing, storage, transport, and digital infrastructure.
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Lighthouse Capital is raising a $50 million private equity fund to invest in growing mid-market companies in South Africa and Kenya, combining equity financing with hands-on support for business operations.