- 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
Polo is a highly accomplished and experienced entrepreneur and private equity investor on a mission to bridge the gender financing gap in Africa.
An accountant by training, Polo is the Chair and Founder of IDF CAPITAL, a South African-based entrepreneurial financier and advisory firm. She is also the Co-Founder of Alitheia IDF, a women-focused PE fund that drives growth in African SMEs by leveraging gender-balanced businesses.
Before moving into the private sector, Polo also worked in the public sector. She is credited with leading South Africa’s first-ever Codes of Good Practice development on the Broad-Based Black Economic Empowerment policy.
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Ezeebit, a South Africa–based fintech building payment infrastructure for stablecoins and cryptocurrencies, has raised $2.5 million in seed funding to scale its operations across key African markets.
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South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.
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Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.