- 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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The World Bank Group has announced plans to expand its guarantee operations in Africa, targeting $6.4 billion in annual guarantees by 2030 as part of a broader effort to attract private investment, create jobs, and accelerate economic growth across the continent.
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A new philanthropic investment initiative dubbed Africa Job Fund has been launched with a target of raising $100 million to support businesses creating large-scale, quality jobs across sub-Saharan Africa.
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AHL Venture Partners (AHL) has secured a first close of $30.5 million for its new private credit vehicle, the AHL Africa Credit Fund I, marking a major step in the firm’s push to expand debt financing for African businesses.