- 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
Sam is a Kenyan entrepreneur and angel investor working to contribute to the African startup ecosystem.
In 2010, he co-founded Nailab, East Africa’s first technology accelerator. Passionate about mentoring and advising African startups, Sam played a role in launching the African Business Heroes Program, which aims to support and empower African entrepreneurs.
Sam is currently working as the CEO of Kidato Inc, an ed-tech startup he founded in 2020. Kidato is an all-in-one learning platform for the entire family and an open learning platform that enables anyone to create and sell online courses.
The startup provides live online academic and after-school classes for kids aged 4 to 18, including subjects in coding, chess, fun maths, science, debate club, and art and crafts.
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British International Investment (BII), the UK’s development finance institution, has announced a $7 million debt facility for Okra Solar to finance equipment purchases and expand electricity access, primarily in rural Nigeria.
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The European Investment Bank has committed $37.5 million through EIB Global to Tanmiya Capital Fund II, helping the Egypt-focused investment fund raise $130 million for growing businesses.
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Madica has secured an additional $6 million from Flourish Ventures to invest in 25 to 30 African startups over the next three years.