- 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
Getnet is an Ethiopian computer scientist enthusiastic about making a breakthrough in the capability of AI systems to think, learn and create and use cutting-edge technology to help leapfrog Africa into the future.
He is the Founder of iCog Labs, a renowned AI and Robotics Research and Development Company based in Addis Ababa, Ethiopia. As the Founder of iCog Labs, Getnet has been pivotal in fostering innovation and technological advancement in Ethiopia and beyond. His leadership and expertise positioned iCog Labs as a prominent player in the AI and robotics industry, not only in Ethiopia but also on a global scale.
Under Getnet’s visionary leadership, iCog Labs has emerged as a hub of innovation, research, and development. With a mission to harness the power of AI for social impact, iCog Labs has spearheaded numerous projects and initiatives, transforming various sectors and improving lives across the country.
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The development-focused arm of the European Investment Bank (EIB Global) has agreed to contribute $80 million to the RMBV North Africa Fund III, reinforcing efforts to strengthen the private sector in Egypt and the broader North African region.
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German development finance institution DEG has reported a $20 million commitment to the Regional MSME Investment Fund for sub-Saharan Africa (REGMIFA), adding fresh capital to a vehicle that finances smaller businesses indirectly by lending to local financial institutions.
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Nigeria has placed green finance at the centre of its strategy to accelerate its energy transition, with President Bola Ahmed Tinubu unveiling plans for a $2 billion climate fund at the Abu Dhabi Sustainability Week summit.