- 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
Samuel is an Ethiopian entrepreneur and impact investor known for his work in Africa’s renewable energy and sustainable development sectors.
He leads a dedicated team that invests in innovative projects focused on renewable energy and energy efficiency. Samuel is also the co-founder and chairman of Cambridge Industries, an engineering, design, procurement, and construction company focused on renewable energy projects throughout Africa.
As a subsidiary of Cambridge Industries Ltd., the company, founded in 2013, manages various renewable energy projects on the continent. With a passion for sustainable development and a deep understanding of Africa’s energy landscape, Samuel has been instrumental in driving the growth of clean energy solutions and promoting access to reliable and affordable power across Africa.
The Stanford University graduate is widely recognized for his commitment to driving positive change in Africa. He continues to advocate for sustainable development and actively supports initiatives that promote clean energy, economic growth, and social impact in the region.
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Impact Fund Denmark has committed $22.5 million to African agribusiness group ETG as part of a $600 million sustainability-linked loan designed to strengthen agricultural value chains in Africa while advancing measurable environmental and social outcomes.
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The African Union Development Agency (AUDA-NEPAD) and X Green Capital have launched the Africa Green Transition PPP Fund (AGTPF), a new investment platform designed to accelerate financing for green infrastructure projects across Africa.
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Proparco has committed $12 million to the Acumen Resilient Agriculture Fund II (ARAF II), strengthening the flow of early-stage capital to agribusinesses serving smallholder farmers across sub-Saharan Africa.