- 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
Tokunboh is a Nigerian mentor, entrepreneur and investor who has dedicated her career to driving economic growth and social impact in Africa.
She is the Co-Founder and Managing Partner of Alitheia Capital, a private equity firm focused on investing in high-growth, innovative businesses that create jobs and improve livelihoods in the continent.
Tokunboh also served as the chair of the African Venture Capital Association, a not-for-profit entity founded to promote, develop and stimulate private equity and venture capital in Africa.
Through her leadership, she has driven innovation, created jobs, and helped transform the African business landscape. Her commitment to excellence and social impact has inspired countless individuals to pursue their dreams and make a difference in their communities.
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South African electric vehicle startup Zimi has received a grant of $320,000 (about R6 million) from the Energy and Environment Partnership (EEP Africa Trust Fund).
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Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.
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South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.
