- 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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Ugandan coffee exporter Sukuma Commodities has secured an expanded financial commitment of $1.8 million from Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA).
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The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have announced a major new plan aimed at expanding the use of artificial intelligence (AI) across Africa to foster inclusive economic growth and create jobs.
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Moroccan fintech startup WafR has successfully raised $4 million in a seed funding round that drew strong interest from investors, marking one of the first deals from LoftyInc Capital’s new Alpha Fund.