- 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
Born in Sierra Leone, Cordel is an active angel investor investing in Africa-focused technology startups.
Cordel is passionate about mobile games, a drive that saw him Co-found Carry1st, a leading social publisher of social games and interactive content in Africa. Based in South Africa, Carry1st enables global gaming studios to unlock the untapped gaming African market.
Cordel is also a Board Member at 4G Capital, a financial services company that seeks to address the finance gap across Africa. Before founding Carry1st, he spent a decade in high finance with The Carlyle Group and Morgan Stanley across the US, Europe, and Africa.
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Oikocredit has joined forces with the Global Climate Partnership Fund (GCPF) to extend a $10 million debt facility to Sawa Energy, a fast-growing provider of solar and battery systems for businesses in East Africa.
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The African Development Bank (AfDB) has committed $15 million to a private equity fund managed by SPE Capital, in a move aimed at expanding financing for growing businesses across the continent.
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Savannah Impact Advisory has announced the first close of its Ci Gaba Fund of Funds, securing GHS 383 million (approximately $35 million) in commitments.