- 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
Chinedu is a successful serial entrepreneur and an entrepreneurial ecosystem builder. Born in Nigeria, Chinedu has founded several companies over the past two decades.
In 2005, he co-founded HopStop.com, a popular app that helped millions of users navigate public transportation worldwide. Apple acquired HopStop in 2013 and subsequently incorporated much of HopStop’s functionality into Apple Maps.
Chinedu describes himself as a visionary leader, a human-centered problem solver, an educator, a guide and a generous mentor focused on helping others discover their Superpowers.
Today, Chinedu operates his Love & Magic Company, a start-up studio that co-builds companies with innovative organizations. He has previously been named one of the “10 Most Powerful People in Africa” by Forbes.
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The European Union has unveiled a €545 million (about US$636 million) investment package to boost clean energy and modernise electricity networks in nine African nations.
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The European Investment Bank (EIB) is preparing to invest USD 38 million in Tanmiya Capital Ventures Fund II, a private equity vehicle aimed at strengthening Egypt’s private sector while enhancing trade and investment links with the European Union.
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Norway’s development finance institution, Norfund, has pledged up to US$6 million to support the farmer-led acquisition of Langeberg Foods, a major South African canned fruit producer.