- 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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The African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.