- 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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Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund designed to help Nigerian small and medium-sized enterprises secure larger, longer-term bank loans with lower collateral requirements.
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Nithio has provided financing to Nigerian electric mobility company MAX, bringing its Series B3 funding round to $29 million to support the expansion of electric motorcycles and solar-powered charging and battery-swapping infrastructure across African markets.
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AfricaWorks Investment Partners (AWIP), the real estate investment arm of flexible workspace operator AfricaWorks, has closed its second fund with $25 million in equity and debt to acquire and develop mixed-use properties in West Africa.