- 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
Tomi is a Nigerian British investor, speaker, author, entrepreneur, philanthropist and advisor to technology companies.
Upon his graduation from the University of Miami, Tomi had an illustrious career in the corporate world, leading the implementation of innovative technology-led transformation initiatives in the oil and gas, information technology and telecommunications industries.
In 2002, TD, as Tomi is fondly known, shifted his focus to Africa, where he has been actively involved in driving up early-stage investment and entrepreneurship in innovation and technology on the continent.
Tomi continues to play a distinguished role in Africa’s start-up ecosystem, having previously served as president of the African Business Angel Network (ABAN), which educates angel investment groups, promotes the creation of new networks and supports members in building African early-stage investing ecosystems.
He is currently serving several organizations in different capacities, including TextNigeria (Telecoms), MBO Capital, Laptops4Learning (L4L) Nigeria, and the Global Business Angels Network (GBAN).
TD believes that Africa’s future is being built today in African cities by entrepreneurs with business ventures using innovation and technology to create social and economic value.
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African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a $500 million global credit facility to finance the purchase, movement and distribution of African goods across regional and international markets.
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The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All have announced the commercial launch of the $300 million Nigeria Distributed Renewable Energy Fund.
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Biochar Industrial Group (BIG), a Nigeria-based climate technology company, has raised $1.5 million in pre-seed funding to expand its biochar production model across sub-Saharan Africa.