- 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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South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.
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Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.
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Pan-African early-stage venture capital fund Five35 Ventures has received a major anchor investment from the Mastercard Foundation Africa Growth Fund, whose resources are managed by MEDA (Mennonite Economic Development Associates).