- 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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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.