- 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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South African healthtech startup Mia Healthcare Technologies has raised R15 million (approximately US$910,000) from the Vumela Fund, a venture capital fund managed by Edge Growth, to expand affordable dental and orthodontic services across Southern Africa.
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The International Finance Corporation (IFC) is considering a new investment of up to $23 million in Africa Go Green, a climate-focused investment fund that supports projects aimed at cutting greenhouse gas emissions across Africa.
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Financing for Agricultural SMEs in Africa (FASA) has completed its first investment, committing $5 million to Catalyst Fund.