- 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
Irene Ochem
Irene is a Nigerian entrepreneur and passionate advocate for women’s economic empowerment in Africa.
The AWIEF aims to foster women’s economic inclusion in Africa to drive employment and economic growth. Before founding AWIEF in 2014, she worked in various leadership positions in the private sector.
Through AWIEF, Irene has actively promoted women’s economic empowerment and entrepreneurship in Africa. The organization also provides training, mentorship, and other resources to help women entrepreneurs start and grow their businesses. Irene has received several awards and recognition for her work in promoting women’s entrepreneurship.
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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.