- 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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Private equity firm Mediterrania Capital Partners has announced a €100 million co-investment into Coris Holding, the second-largest banking group in the West African Economic and Monetary Union (WAEMU) region.
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Germany’s development finance institution DEG has announced a US$25 million commitment to Helios Fund V, the fifth private-equity vehicle managed by London-based Helios Investment Partners.
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The African Development Bank (AfDB) has pledged US$75 million in financing to Nyanza Light Metals, a South Africa–based company, to help establish a titanium-dioxide pigment production facility in the Richards Bay Industrial Development Zone (RBIDZ), KwaZulu-Natal.