- 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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Nairobi-based venture capital firm Novastar Ventures has partnered with Google to launch an Applied AI Lab that will give African startups and researchers access to advanced artificial intelligence technology, technical expertise, funding opportunities, and venture support.
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Catalyst Fund has completed the second close of its debut pan-African climate venture capital fund, bringing total commitments to $30 million as it expands backing for early-stage startups developing climate resilience solutions across Africa.
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Convergence Partners Energy Finance (CPEF) has agreed indicative terms for a proposed $20 million structured capital investment in Anzana Electric Group, a move aimed at accelerating the expansion of hydropower and electricity distribution infrastructure across Africa.