- 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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The African Export-Import Bank has extended a $10 million financing facility to Azania Bank Plc to improve access to capital for small and medium-sized enterprises operating across Tanzania’s export value chains.
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The World Bank Group mobilized approximately $22 billion in private capital for Africa during its 2026 financial year, nearly 150% more than the $9 billion recorded four years earlier.
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All On Partnerships for Energy Access has invested $5 million in PowerGen Renewable Energy Nigeria Limited to expand renewable electricity infrastructure for underserved households, businesses, and industrial customers across Nigeria.