- 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
Rachel is a Malawian technology expert, computer scientist, social entrepreneur, and innovator.
She is the Founder and Director of mHub Malawi, Malawi’s First innovation hub and incubator for emerging startups. At mHub, Rachel is championing the development of local technology solutions by nurturing young innovators and entrepreneurs with technical and business skills to create sustainable business solutions.
Since its foundation in 2014, the hub has trained over 4,000 youths with ICT skills and entrepreneurship. It incubates 15 emerging entrepreneurs. Rachel also serves at the United Nations Foundation as Senior Director of Country Outreach (Africa), leading the Africa portfolio in supporting African countries to accelerate their Digital Transformation Journeys.
A STEM Educator, Rachel has pioneered initiatives such as the Children’s Coding Club and Girls’ Coding Club. Her meaningful role in transforming Africa’s digital technology space earned her global recognition.
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Ethiopia has signed investment agreements valued at approximately $13.1 billion, marking one of the largest recent foreign direct investment (FDI) inflows announced in Africa.
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Oikocredit has joined forces with the Global Climate Partnership Fund (GCPF) to extend a $10 million debt facility to Sawa Energy, a fast-growing provider of solar and battery systems for businesses in East Africa.
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The African Development Bank (AfDB) has committed $15 million to a private equity fund managed by SPE Capital, in a move aimed at expanding financing for growing businesses across the continent.