- 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 European Bank for Reconstruction and Development (EBRD) is considering an investment of up to €40 million in Amethis MENA Fund III, a new private equity vehicle focused on supporting the growth of small and medium-sized businesses across North Africa and parts of the Middle East.
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British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has launched a new investment strategy for Egypt, reaffirming its long-term commitment to one of its largest markets in Africa, following nearly $1.3 billion in investments in the country since 2012.
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Africa Finance Corporation (AFC) has secured its largest syndicated loan facility to date, raising $2 billion from a consortium of international lenders in a strong vote of confidence for the institution’s infrastructure-led development strategy across the continent.