- 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
Nakhla is a serial entrepreneur and founder of businesses delivering microfinancing to SMEs and individuals.
He is the Co-Founder and CEO of MNT-Halan, Africa’s first unicorn of 2023 and Egypt’s first-ever private tech firm to break above $ 1 billion. MNT-Halan is Egypt’s leading fintech ecosystem and the largest growing lender to the unbanked and underbanked, driving the fintech boom in the MENA region.
Nakhla has over 15 years of experience in the telecoms and technology industry. He has been honoured and recognized for his contribution to the growth of the two sectors in Africa.
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The European Investment Bank’s development branch, EIB Global, and Kenya’s Family Bank have announced a major partnership to provide €100 million (approximately KES 14.7 billion) in funding to support small and medium-sized businesses (SMEs) in Kenya.
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AURA, a South African startup offering emergency response services, has raised €13.5 million (around $15.1 million) in its Series B funding round.
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A new ranking from the Financial Times highlights the growth trajectory of African enterprises, with Nigerian and South African companies taking the lion’s share of the spotlight.
