- 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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3IF Ventures, a venture capital fund focused exclusively on Africa’s insurance technology sector, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
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French development finance institution Proparco has extended a new financing facility to Kenyan healthtech company Tibu Health, providing fresh capital to support the expansion of its primary healthcare network.
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South African venture capital firm Aions Ventures has unveiled a new ZAR100 million (US$6.1 million) investment vehicle aimed at supporting early-stage technology startups as they move from initial market traction to larger growth-stage funding rounds.