- 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
Tony Elumelu is a Nigerian entrepreneur, investor, and philanthropist passionate about Africa’s economic development.
A champion of #Africapitalism, the 59-year-old is on a mission to position Africa’s private sector and, most importantly, entrepreneurs as the catalyst for the social and economic development of the continent.
He is the founder of The Tony Elumelu Foundation, a philanthropic organization empowering African entrepreneurs to catalyze economic growth, drive poverty eradication, and ensure job creation.
Tony is also serving as the Chairman of Heirs Holdings, a family-owned investment holding company.
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French President Emmanuel Macron has announced a €23 billion investment commitment for Africa during the Africa Forward Franco-African Business Forum in Nairobi, as France seeks to deepen economic ties with the continent through a renewed partnership model centered on investment and trade.
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Kenya has recorded a major milestone in agricultural finance after fintech company Kaleidofin completed the country’s first private-sector local currency securitization focused on smallholder farmers, unlocking fresh capital for rural lending.
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Israel has launched a mobile climate research laboratory in Kenya to strengthen climate monitoring and improve access to scientific data across Africa, where experts say a shortage of reliable ground-based measurements continues to weaken climate planning and policy decisions.