- 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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Ezeebit, a South Africa–based fintech building payment infrastructure for stablecoins and cryptocurrencies, has raised $2.5 million in seed funding to scale its operations across key African markets.
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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.