- 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 African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.