- 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
Nelly is a Cameroonian entrepreneur and fintech expert with over a decade of experience in the financial industry.
Her passion for financial inclusion drove her to co-found Ejara, Africa’s first non-custodial wallet uniquely tailored for Francophone Africa and the diaspora.
Nelly founded Ejara in 2020 to provide innovative financial solutions to underserved communities in Africa, particularly women and young people.
Ejara offers a mobile app allowing users to save, borrow, invest money, and access other financial services such as insurance and bill payments.
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Ground Up Investing, the impact investing arm of Corus International, has announced a $6 million first close for its second fund, which will provide working capital loans to agricultural businesses in Kenya, Uganda and Rwanda, alongside three Latin American markets.
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Afreenergy Solar has secured a senior debt facility equivalent to approximately $13.5 million from the Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by UK-based Camco, to refinance operating rooftop solar assets and develop new solar and battery storage projects for businesses in Senegal.
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The African Development Bank Group and the United Nations Development Programme (UNDP) are advancing implementation of their AI 10 Billion Initiative, which aims to mobilize $1 billion annually over the next decade to support artificial intelligence adoption across Africa.