- 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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The International Finance Corporation has committed $25 million to Jumia Technologies AG as part of a $50 million equity raise aimed at expanding the company’s e-commerce and logistics operations across Africa.
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British International Investment (BII) and Africa50 have signed a memorandum of understanding to expand joint infrastructure investment across Africa, with the UK development finance institution committing $20 million to the Africa50 Infrastructure Acceleration Fund.
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Small Foundation has made an undisclosed capital commitment to AgDevCo Ventures, increasing the pool of long-term financing available to early-stage agricultural businesses in East Africa.