- 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
Monica is a lawyer turned entrepreneur with a vision to provide affordable nutrition to the southern African market.
After quitting as a corporate solicitor, Monica founded JAVA Foodservice Limited, a Zambian-based food-processing company revolutionizing the eating habits of the youth market by offering affordable and nutritious food options made from local products.
Through her leadership and vision, Java Foods has grown into a leading independent instant noodle manufacturer in the Southern African region. The company’s eeZee Noodles has fast become a leading brand in Zambia, Zimbabwe, and Malawi.
Monica’s vision is to transform the venture into one of the leading packaged food manufacturers in the region by 2025. She is one of the few Zambian women involved in agro processing at a scalable level. Her business acumen has earned her several accolades, including the African Agribusiness Entrepreneur of the Year Award (2017).
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Swedfund, Sweden’s development finance institution, has committed $12 million to the Acumen Resilient Agriculture Fund II (ARAF II).
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British International Investment (BII), the UK’s development finance institution and impact investor, has committed $20 million to the Africa50 Infrastructure Acceleration Fund (IAF), strengthening efforts to mobilize long-term private capital for critical infrastructure projects across Africa.
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The African Development Bank (AfDB) has finalized a loan of up to $15 million to South Africa’s Biologicals and Vaccines Institute (Biovac), supporting the construction of a new multi-vaccine manufacturing facility in Cape Town that is expected to strengthen Africa’s vaccine production capacity and reduce the continent’s heavy dependence on imported vaccines.