- 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
Najwa El Iraki is a Moroccan-British businesswoman who is a force to be reckoned with.
She is the Founder and Managing Partner of AfricaDev Consulting Ltd, a business development and advisory firm dedicated to the African continent. She is also the General Representative in North and West Africa of Lloyd’s of London, the world’s specialist insurance and reinsurance market.
El Iraki has over 15 years of experience in the financial services industry. In 2012, she joined the Casablanca Finance City Authority (CFCA), a public-private organization dedicated to positioning Casablanca as a regional financial centre.
Najwa El Iraki is a passionate advocate for women’s empowerment in business. She is a member of the Women Working for Change (WFC) network, which is dedicated to promoting gender diversity in the African business community. She is also a mentor for HEC Paris Executive Education and is involved in several other Moroccan and African business networks and associations.
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The International Finance Corporation (IFC), part of the World Bank Group, has teamed up with Standard Chartered to introduce a $300 million risk-sharing facility aimed at improving access to supply chain finance across Africa.
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Sabou Capital, a Nigerian impact investment firm focused on technology-driven small and medium-sized businesses, has received an undisclosed anchor investment from the Mastercard Foundation Africa Growth Fund.
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The International Finance Corporation (IFC) is planning to invest up to $120 million in a new renewable energy-focused investment platform, Zafiri Investment Vehicle, which will be headquartered in Mauritius and aimed at expanding energy access across Sub-Saharan Africa.