- 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.
Niama is a Moroccan startup founder, investor and advisor in technology companies in Africa and beyond.
She is the Founder of WaystoCap, a premier B2B marketplace in Africa on a mission to solve the inefficient continental supply chain by bringing: payments, logistics, and distribution into one online platform.
Now acquired, WaystoCap is one of the first North African companies to be accepted into Y Combinator in 2016. Niama is also the Managing Partner at The Baobab Network, an accelerator investing in early-stage technology companies across Africa. At the Baobab Network, she is backing founders leveraging technology to solve some of the continent’s most significant challenges today.
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The International Finance Corporation (IFC) is considering an equity commitment of up to $6 million to Catalyst Fund, a climate-technology venture vehicle targeting $40 million for early-stage investments across Africa.
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Egyptian cleantech company, Tagaddod, has secured $26.3 million in a Series A funding round aimed at accelerating its expansion and deepening its capabilities in the renewable feedstocks market across Africa, Asia and Europe.
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Gabonese telematics and fleet management startup POZI has raised €650,000 (about USD 690,000) in a funding round led by Saviu Ventures, with participation from Emsy Capital and advisory firm Chazai Wamba