- 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
Nneile is a South African mechanical engineer and social entrepreneur with a vision to transform Africa through technology.
Born in Lesotho, Nneile developed an interest in science and technology as a young girl. She is widely known for founding iMed Tech, a medical innovation startup which produces prosthetics for cancer patients and burns victims.
Nneile has since founded THOLA, an API-enabled platform providing a product-based peer-to-peer lending marketplace that enables consumers to lend working capital to small businesses by pre-ordering their goods and processing payment on the marketplace.
In 2016, she was recognized as Africa’s top female innovator by the World Economic Forum. A year later, the Office of the Presidency recognized her as the South African Youth of the Year.
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Airtel Africa and SpaceX’s Starlink have launched Africa’s first commercial satellite-to-phone service in the Democratic Republic of the Congo, enabling eligible Airtel customers to send messages from areas without terrestrial mobile coverage.
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Small Foundation has made an undisclosed investment in Unmarkets, a Nairobi-based venture builder that creates food and agricultural businesses with established African-owned companies.
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Swedfund, Sweden’s development finance institution, is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for businesses and projects that reduce greenhouse gas emissions across Africa.