- 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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African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a $500 million global credit facility to finance the purchase, movement and distribution of African goods across regional and international markets.
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The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All have announced the commercial launch of the $300 million Nigeria Distributed Renewable Energy Fund.
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Biochar Industrial Group (BIG), a Nigeria-based climate technology company, has raised $1.5 million in pre-seed funding to expand its biochar production model across sub-Saharan Africa.