- 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
Nichole is a Nigerian tech entrepreneur who champions female entrepreneurship and empowerment in Africa’s tech ecosystem.
As the Founder and Managing Partner of The Chrysalis Capital, Nichole has made significant contributions to the tech industry and inspired countless entrepreneurs and investors. The Chrysalis Company houses Chrysalis Capital, an investment management firm focused on early-stage tech companies in emerging markets.
Before founding The Chrysalis Company, she was the Managing Partner at GreenHouse Capital (GHC). Nichole is also actively engaged in serving as the local partner for foreign investors eager to transform African technology startups.
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Ground Up Investing, the impact investing arm of Corus International, has announced a $6 million first close for its second fund, which will provide working capital loans to agricultural businesses in Kenya, Uganda and Rwanda, alongside three Latin American markets.
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Afreenergy Solar has secured a senior debt facility equivalent to approximately $13.5 million from the Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by UK-based Camco, to refinance operating rooftop solar assets and develop new solar and battery storage projects for businesses in Senegal.
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The African Development Bank Group and the United Nations Development Programme (UNDP) are advancing implementation of their AI 10 Billion Initiative, which aims to mobilize $1 billion annually over the next decade to support artificial intelligence adoption across Africa.