- 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 development-focused arm of the European Investment Bank (EIB Global) has agreed to contribute $80 million to the RMBV North Africa Fund III, reinforcing efforts to strengthen the private sector in Egypt and the broader North African region.
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German development finance institution DEG has reported a $20 million commitment to the Regional MSME Investment Fund for sub-Saharan Africa (REGMIFA), adding fresh capital to a vehicle that finances smaller businesses indirectly by lending to local financial institutions.
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Nigeria has placed green finance at the centre of its strategy to accelerate its energy transition, with President Bola Ahmed Tinubu unveiling plans for a $2 billion climate fund at the Abu Dhabi Sustainability Week summit.