- 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
Mbwana is a Tanzanian entrepreneur and investor passionate about fostering African innovation and entrepreneurship.
He has been actively involved in the startup ecosystem on the continent for over a decade and is recognized as one of the leading voices in African tech.
Mbwana is the founder and Managing Partner of Savannah Fund, a venture capital firm that invests in early-stage startups in Africa. Through Savannah Fund, Alliy has invested in several successful African startups, including Twiga Foods, MPost, and Flutterwave
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London–headquartered mobility and financial services startup GoCab has announced a $45 million financing package to accelerate its growth across Africa and other emerging markets.
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The European Investment Bank (EIB) has confirmed an $80 million equity commitment to the Apis Growth Fund III, a major private equity vehicle led by Apis Partners that focuses on scaling financial services companies in emerging markets.
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Africa’s economy is projected to grow by 4.0% in 2026, according to the United Nations’ World Economic Situation and Prospects 2026 report.