- 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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Convergence Partners Energy Finance (CPEF) has agreed indicative terms for a proposed $20 million structured capital investment in Anzana Electric Group, a move aimed at accelerating the expansion of hydropower and electricity distribution infrastructure across Africa.
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African electric mobility company Spiro has secured a fresh $55 million investment from Chinese growth-stage investment firm NewTrails Capital, taking the value of its latest funding round to $270 million.
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Mercy Corps Ventures has invested in Logidoo, a technology-driven logistics platform focused on improving the movement of goods across French-speaking North and West Africa.