- 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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Airtel Africa and SpaceX’s Starlink have launched Africa’s first commercial satellite-to-phone service in the Democratic Republic of the Congo, enabling eligible Airtel customers to send messages from areas without terrestrial mobile coverage.
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Small Foundation has made an undisclosed investment in Unmarkets, a Nairobi-based venture builder that creates food and agricultural businesses with established African-owned companies.
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Swedfund, Sweden’s development finance institution, is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for businesses and projects that reduce greenhouse gas emissions across Africa.