- 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
Ibrahim Sagna is a Seegalese entreprenuer, institutional platform builder , technology enthusiast and prolific private investor.
As the Executive Chairman of Silverbacks Holdings, he has been instrumental in driving growth and innovation in the region, investing in and supporting some of the most promising technology companies in West Africa. With over two decades of experience in the industry, Sagna’s expertise and leadership have been instrumental in the success of several businesses in the region.
He has been a key player in developing and implementing mobile payments and banking solutions across Africa, paving the way for greater financial inclusion and economic growth. Sagna’s commitment to innovation and excellence has earned him widespread recognition and respect in the industry. He is a trailblazer and pioneer, constantly pushing the boundaries of what is possible and driving change for the better
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Africa Finance Corporation has raised approximately $431 million (CHF 350 million) through a five-year digital bond to support its general funding requirements and expand its capacity to finance infrastructure across Africa.
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Convergence Partners has led an undisclosed Series C funding round in Yellow, an African fintech that finances smartphones and off-grid solar products.
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The African Development Bank Group and Cassa Depositi e Prestiti, Italy’s national promotional institution and development finance institution, have approved a combined $35 million equity investment in RMBV North Africa Fund III.