- 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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Ethiopia has signed investment agreements valued at approximately $13.1 billion, marking one of the largest recent foreign direct investment (FDI) inflows announced in Africa.
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Oikocredit has joined forces with the Global Climate Partnership Fund (GCPF) to extend a $10 million debt facility to Sawa Energy, a fast-growing provider of solar and battery systems for businesses in East Africa.
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The African Development Bank (AfDB) has committed $15 million to a private equity fund managed by SPE Capital, in a move aimed at expanding financing for growing businesses across the continent.