- 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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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.