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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
Kakebo is a Ugandan entrepreneur and environmental activist championing the transition from using firewood to using eco-friendly briquettes in Africa.
He is the Founder of WEYE clean energy CO. Ltd, a social enterprise that uses waste-to-energy business to empower youth and women to break the endless cycle of poverty.
Kakebo’s waste-to-energy initiative has trained nearly 1,000 youth and women, empowering them with skills and equipment to start and run briquette production units and plastic waste recycling businesses.
The project also provides waste-to-energy cooking and heating solutions to 10 schools, large-scale poultry farms and medium-scale industries. His innovative social business models have received both domestic and international recognition. In 2020, Kakebo was named the Commonwealth Person of the Year.
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The International Finance Corporation (IFC) has proposed investing up to $30 million in Capital Alliance Private Equity Fund V (CAPE V), sponsored by Lagos-based African Capital Alliance (ACA).
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Sahara Impact Ventures and Acumen have invested in Ghanaian agribusiness Wami Agro to expand its operations, improve market access for smallholder farmers, and support the establishment of a processing facility in Ghana.
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African-headquartered investors participated in 69% of African private market transactions with identified investors in the third quarter of 2026, up from 61% in the preceding quarter and 63% a year earlier, according to Stears.