- 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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British International Investment (BII), the United Kingdom’s development finance institution, has agreed to provide a $37 million investment for the Abydos II Solar PV and Battery Energy Storage System (BESS) project in Egypt, reinforcing the country’s transition to renewable energy.
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SORA Technology, a Japanese startup that applies drone and artificial intelligence technologies to public health challenges, has secured an additional $2.5 million in the second close of its late seed funding round.
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Climate Fund Managers (CFM) has given the green light to a $86.2 million mezzanine debt commitment from its Climate Investor Two (CI2) facility to support the early phases of the Olifants Management Model Programme (OMMP) in South Africa’s Limpopo Province.