- 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 fintech company Lula has secured a R340 million (about US$21 million) investment from the Dutch entrepreneurial development bank FMO to broaden its reach to small and medium-sized enterprises (SMEs) across the country.
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Rwanda has reached a major milestone with US drone delivery firm Zipline, signing a new pact that sets the stage for nationwide autonomous medical logistics.
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British International Investment (BII), the United Kingdom’s development finance institution, has announced a new $5 million funding package for Lovegrass Ethiopia, a food company transforming the ancient grain teff into consumer products for both local consumption and export markets.