- 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
Ham is a Ugandan fintech entrepreneur helping design products and deliver services that improve people’s lives — one transaction at a time.
He is the co-founder and CEO of Chipper Cash, a financial technology company that provides mobile-based cross-border payment services in Africa.
Under their leadership, Serunjogi and his co-Founder Maijid Moujaled have built Chipper Cash from a little-known app touting the potential of cross-border payments to a Pan-African unicorn.
Serunjogi and Moujaled launched Chipper Cash to solve the problem of high transaction fees and limited access to financial services across Africa.
Serunjogi has been recognized for his entrepreneurial efforts and was named one of Time Magazine’s 100 most influential people in the world in 2021.
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British International Investment (BII), the UK’s development finance institution, has announced a $7 million debt facility for Okra Solar to finance equipment purchases and expand electricity access, primarily in rural Nigeria.
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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.