- 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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The European Bank for Reconstruction and Development (EBRD) is considering an investment of up to €40 million in Amethis MENA Fund III, a new private equity vehicle focused on supporting the growth of small and medium-sized businesses across North Africa and parts of the Middle East.
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British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has launched a new investment strategy for Egypt, reaffirming its long-term commitment to one of its largest markets in Africa, following nearly $1.3 billion in investments in the country since 2012.
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Africa Finance Corporation (AFC) has secured its largest syndicated loan facility to date, raising $2 billion from a consortium of international lenders in a strong vote of confidence for the institution’s infrastructure-led development strategy across the continent.