- 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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Mercy Corps Ventures has invested in Logidoo, a technology-driven logistics platform focused on improving the movement of goods across French-speaking North and West Africa.
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A coalition of development finance institutions, philanthropic organizations, and private-sector investors has commercially launched Zafiri, a $176 million blended-finance platform designed to expand electricity access across sub-Saharan Africa through long-term investment in distributed renewable energy businesses.
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Norfund and the Facility for Energy Inclusion (FEI), a debt fund managed by Cygnum Capital, have completed a $90 million long-term financing package for CREI, the telecom energy services and asset management subsidiary of two33 Group.