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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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The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has approved a grant of 1.7 billion CFA francs (about $2.8 million) to support private sector growth in West Africa’s monetary union.
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Acumen has announced a new investment in Omia Agribusiness Development Group, a Northern Uganda-based enterprise working with smallholder farmers, including those in refugee-hosting communities, to improve access to agricultural inputs, training, and markets.
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Cape Town-based health technology company, AI Diagnostics, has secured ZAR85 million (about US$5.2 million) in new funding to expand the reach of its artificial intelligence-driven tools aimed at improving tuberculosis (TB) detection.