- 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
Nadayar is a Nigerian tech entrepreneur revolutionizing home management in Africa.
He is the CEO and Co-Founder of Eden Life Inc., a tech-driven home management platform in Africa providing services such as laundry and cleaning.
A graduate of the University of Waterloo in Canada, Nadayar formerly co-founded Andela, a platform specializing in helping highly skilled, global technology talent communities connect with hundreds of leading companies.
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The European Investment Bank has proposed an investment of approximately $85 million in Virunga Africa Fund II, a pan-African private equity fund managed by Admaius Capital Partners that is targeting $500 million.
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Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund designed to help Nigerian small and medium-sized enterprises secure larger, longer-term bank loans with lower collateral requirements.
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Nithio has provided financing to Nigerian electric mobility company MAX, bringing its Series B3 funding round to $29 million to support the expansion of electric motorcycles and solar-powered charging and battery-swapping infrastructure across African markets.