- 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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Maia Capital Partners has committed R150 million (US$9.12 million) in mezzanine debt financing to South African renewable energy company Nesa Power, providing growth capital to expand its commercial and industrial (C&I) solar business and increase its portfolio of long-term power purchase agreements (PPAs).
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Nigeria’s Bank of Industry (BOI) has appointed Kuramo Capital Management as fund manager for the $170.6 million DICE Fund of Funds.
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Nairobi-based venture capital firm Novastar Ventures has partnered with Google to launch an Applied AI Lab that will give African startups and researchers access to advanced artificial intelligence technology, technical expertise, funding opportunities, and venture support.