- 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
Richmond is a Nigerian tech entrepreneur making global investment opportunities more accessible for Africans.
He is doing this through Bamboo, a digital investment platform that gives Nigerians real-time access to buy, hold, or sell stocks on the U.S. stock market from their mobile phones or computers. Founded in 2018, Bamboo’s cutting-edge technology aims to democratize access to global investment opportunities for Africans. The startup was one of the 200 companies selected for Forbes’ first Digital Startup Accelerator Program in Nigeria.
Richmond previously served as a Product/Project Manager at L5Lab, an incubator and investment firm building technology-enabled companies that help Africa realize its potential.
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Swedfund has committed €15 million to a new climate-focused financing platform called Hummingbirds Gondwana, aimed at backing nature-based solutions around the world.
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Proparco, the French development finance institution, has pledged $42 million toward the initial closing of African Development Partners IV (ADP IV), the newest investment fund managed by London-based private equity firm Development Partners International (DPI).
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Development Partners International (DPI), the London-based private equity firm focused on African markets, has closed a $190 million funding deal with Alameda Healthcare, a leading private hospital group based in Egypt.