- 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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Impact investment firm Acumen has confirmed that its flagship Hardest-to-Reach Initiative (H2R) has successfully raised $250 million in blended finance to expand access to clean and affordable energy across underserved regions in sub-Saharan Africa.
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The OPEC Fund for International Development and the Trade and Development Bank Group (TDB Group) have officially become members of the Alliance for Special Agro-Industrial Processing Zones (SAPZ), reinforcing collective efforts to expand agro-industrial activity across Africa.
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German development finance institution DEG (Deutsche Investitions- und Entwicklungsgesellschaft) has confirmed it will commit $50 million to African Development Partners IV (ADP IV), the latest private equity vehicle managed by Development Partners International (DPI).