- 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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A coalition of development finance institutions, philanthropic organizations, and private-sector investors has commercially launched Zafiri, a $176 million blended-finance platform designed to expand electricity access across sub-Saharan Africa through long-term investment in distributed renewable energy businesses.
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Norfund and the Facility for Energy Inclusion (FEI), a debt fund managed by Cygnum Capital, have completed a $90 million long-term financing package for CREI, the telecom energy services and asset management subsidiary of two33 Group.