- 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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Impact Fund Denmark has declared a new $15 million investment in the Verdant Capital Hybrid Fund (VCHF) to expand financing for small businesses and entrepreneurs across Africa.
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DEG, Germany’s development finance institution, has agreed to provide a €30 million loan to the Africa Go Green Fund (AGG), a debt fund managed by Cygnum Capital, to support the expansion of climate-oriented businesses across the African continent.
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The International Finance Corporation (IFC) has announced plans to invest up to $30 million in equity in the Adenia Entrepreneurial Fund I, a private equity vehicle that focuses on supporting small and medium-sized enterprises (SMEs) and small-cap companies across Africa.