- 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
Stanford is a South African entrepreneur, venture capitalist, and
champion for Africa’s tech ecosystem.
He is the Co-Founder and General Partner of 4Di Capital, a Cape Town-based venture capital firm that invests in technology startups. Stanford started his career as a software developer before transitioning to entrepreneurship and is recognized as one of the leading figures in the South African startup ecosystem. He has served as a mentor and advisor to numerous startups and has been a vocal advocate for improving the business climate for entrepreneurs in the country.
Stanford co-founded the Silicon Cape Initiative in 2009 to highlight and catalyzer South Africa’s nascent emerging technology startup ecosystem. In 2013, Forbes listed him as ’30 Under 30: Africa’s Best Young Entrepreneurs.
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BluePeak Private Capital Fund II has invested an initial $12 million in Monty Mobile International to expand enterprise messaging services across Africa.
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The International Finance Corporation has committed $25 million to Jumia Technologies AG as part of a $50 million equity raise aimed at expanding the company’s e-commerce and logistics operations across Africa.
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British International Investment (BII) and Africa50 have signed a memorandum of understanding to expand joint infrastructure investment across Africa, with the UK development finance institution committing $20 million to the Africa50 Infrastructure Acceleration Fund.