- 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
Tomi is a Nigerian tech entrepreneur with a mission to drive financial inclusion in Africa.
She is the Co-Founder and CEO of Bankly, a fintech startup taking financial services to the last mile. Bankly provides the digital infrastructure to store and move cash safely and seamlessly for Africa’s financially underserved population.
Tomi started her career as a financial analyst at Meristem Wealth Management Limited before she proceeded for her MBA at SP Jain School of Global Management in Singapore, Australia, and the United Arab Emirates. Born and raised in Lagos, she has previously built products in savings and micro-credit.
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Africa Finance Corporation has raised approximately $431 million (CHF 350 million) through a five-year digital bond to support its general funding requirements and expand its capacity to finance infrastructure across Africa.
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Convergence Partners has led an undisclosed Series C funding round in Yellow, an African fintech that finances smartphones and off-grid solar products.
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The African Development Bank Group and Cassa Depositi e Prestiti, Italy’s national promotional institution and development finance institution, have approved a combined $35 million equity investment in RMBV North Africa Fund III.