- 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
Damilola is an exceptional entrepreneur, a visionary leader, and a true inspiration to many.
She is the Co-Founder and CEO of Shuttlers, a transportation technology company based in Lagos, Nigeria. Shuttlers provides a platform that offers convenient and reliable shuttle services for commuters in major cities. The company aims to solve transportation challenges in urban areas by providing a shared mobility solution that is affordable, efficient, and comfortable. Damilola is also UNCTAD’s etrade for Women Advocate for Anglophone Africa, where she is contributing to building a more gender-inclusive digital economy in developing countries.
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Africa Finance Corporation has raised approximately $431 million (CHF 350 million) through a five-year digital bond to support its general funding requirements and expand its capacity to finance infrastructure across Africa.
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Convergence Partners has led an undisclosed Series C funding round in Yellow, an African fintech that finances smartphones and off-grid solar products.
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The African Development Bank Group and Cassa Depositi e Prestiti, Italy’s national promotional institution and development finance institution, have approved a combined $35 million equity investment in RMBV North Africa Fund III.