- 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
Razaq is a Nigerian tech entrepreneur and the Founder and CEO of Cowrywise.
The startup provides investment management for Africans and enables access to savings and investment products securely.
Before founding Cowrywise in 2017, Razaq launched Sart Partners, an investment management and financial advisory firm that offered companies strategic, financial and industry expertise.
At Cowrywise, Razaq has led the startup to become one of the leading fintech platforms in Africa. The company is the first to be accepted into the Catalyst Fund program in Nigeria and has previously received support from JP Morgan and UK Aid.
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South African healthtech startup Mia Healthcare Technologies has raised R15 million (approximately US$910,000) from the Vumela Fund, a venture capital fund managed by Edge Growth, to expand affordable dental and orthodontic services across Southern Africa.
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The International Finance Corporation (IFC) is considering a new investment of up to $23 million in Africa Go Green, a climate-focused investment fund that supports projects aimed at cutting greenhouse gas emissions across Africa.
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Financing for Agricultural SMEs in Africa (FASA) has completed its first investment, committing $5 million to Catalyst Fund.