- 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
Philip is an experienced Rwandan entrepreneur and investor with a strong background in business development, investment management, and leadership.
He is passionate about driving social impact through technology and entrepreneurship. Philip is currently serving as the Country Director of Katapult Rwanda, where he leads the firm’s efforts to identify and invest in high-growth, impact focused companies in Rwanda and the broader East Africa region.
He also works closely with portfolio companies to support their growth and maximize their impact. Philip is an alumnus of the African Leadership Academy and the Stanford Graduate School of Business Seed Transformation Program.
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Private equity firm Mediterrania Capital Partners has announced a €100 million co-investment into Coris Holding, the second-largest banking group in the West African Economic and Monetary Union (WAEMU) region.
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Germany’s development finance institution DEG has announced a US$25 million commitment to Helios Fund V, the fifth private-equity vehicle managed by London-based Helios Investment Partners.
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The African Development Bank (AfDB) has pledged US$75 million in financing to Nyanza Light Metals, a South Africa–based company, to help establish a titanium-dioxide pigment production facility in the Richards Bay Industrial Development Zone (RBIDZ), KwaZulu-Natal.