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African Changemaker

Mounir Nakhla

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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British International Investment (BII), the United Kingdom’s development finance institution, has agreed to provide a $37 million investment for the Abydos II Solar PV and Battery Energy Storage System (BESS) project in Egypt, reinforcing the country’s transition to renewable energy.
SORA Technology, a Japanese startup that applies drone and artificial intelligence technologies to public health challenges, has secured an additional $2.5 million in the second close of its late seed funding round.
Climate Fund Managers (CFM) has given the green light to a $86.2 million mezzanine debt commitment from its Climate Investor Two (CI2) facility to support the early phases of the Olifants Management Model Programme (OMMP) in South Africa’s Limpopo Province.