- 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
Gerald is an accomplished Ugandan entrepreneur driving financial inclusion by growing the developing world’s digital financial infrastructure.
He is the CEO of Ensibuuko, a leading provider of digital financial services to rural communities in Uganda. As the CEO of Ensibuuko, Gerald has created a digital solution that connects the unbanked to the broader financial ecosystem.
Through his innovative approach, Gerald has made a real difference in the lives of thousands of people, empowering them to build better futures for themselves and their families. Gerald’s work has earned him international recognition, including being named as a Forbes 30 Under 30 honoree in the Social Entrepreneurship category in 2018.
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AHL Venture Partners has completed the second close of its AHL Africa Credit Fund I at $45.5 million, advancing the private credit vehicle toward its $70 million fundraising target.
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Village Capital has invested a combined $450,000 in Nigerian startups Trade Lenda and AirSmat through its $4 million Africa Ecosystem Catalysts Facility, extending the fund’s portfolio into Nigeria after its first investments in Ghana.
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Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand cross-border payments infrastructure connecting businesses in Central Africa with trading partners in Asia.