- 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
Mareme is a Senegalese venture capitalist helping African founders build fast-growing technology companies to access funding.
She is the Africa Lead at 500 Global, a venture capital firm based in San Francisco, California. In her role, Mareme is responsible for sourcing and evaluating investment opportunities and working with portfolio companies to help them scale and succeed.
Before joining 500 Global, Mareme worked as an investment banking analyst at Goldman Sachs in New York. She has been recognized as one of the “Top 40 under 40” by the Association for Corporate Growth and was also named to Forbes’ “30 under 30” list in the Venture Capital category.
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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.