- 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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French development finance institution Proparco is investing approximately $672,000 in Cashi to support digital financial services in Sudan, where cash shortages and disruptions to banking and telecommunications have complicated everyday business transactions.
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South African fintech Yoco has secured a $100 million credit facility from US investment firm Victory Park Capital to expand working capital financing for small and independent businesses.
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The International Finance Corporation (IFC) has proposed investing up to $30 million in Capital Alliance Private Equity Fund V (CAPE V), sponsored by Lagos-based African Capital Alliance (ACA).