- 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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The Nclude Fund, advised by DPI Venture Capital, has reached a final close of more than $112 million to invest in financial technology and related businesses across Africa and the Middle East.
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Ground Up Investing, the impact investing arm of Corus International, has announced a $6 million first close for its second fund, which will provide working capital loans to agricultural businesses in Kenya, Uganda and Rwanda, alongside three Latin American markets.
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Afreenergy Solar has secured a senior debt facility equivalent to approximately $13.5 million from the Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by UK-based Camco, to refinance operating rooftop solar assets and develop new solar and battery storage projects for businesses in Senegal.