- 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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The European Investment Bank has committed $37.5 million through EIB Global to Tanmiya Capital Fund II, helping the Egypt-focused investment fund raise $130 million for growing businesses.
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Madica has secured an additional $6 million from Flourish Ventures to invest in 25 to 30 African startups over the next three years.
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The Nclude Fund, advised by DPI Venture Capital, has reached a final close of more than $112 million to invest in financial technology and related businesses across Africa and the Middle East.