- 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
Uju is a Nigerian entrepreneur who aims to break down barriers to pan-African agri-trade.
She is the Founder and CEO of Traders of Africa (TofA), a Nigerian startup that operates an online marketplace for agricultural products.
Founded in 2017, Founders of Africa aims to connect African farmers with buyers worldwide, providing a platform for them to sell their products seamlessly and expand their markets.
Before founding Traders of Africa, Uju worked in finance and investment banking, including roles at Goldman Sachs and the African Development Bank. Uju has been recognized as one of Africa’s most promising young entrepreneurs and was named one of Forbes Africa’s 30 Under 30 in 2019.
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AHL Venture Partners has completed the second close of its AHL Africa Credit Fund I at $45.5 million, advancing the private credit vehicle toward its $70 million fundraising target.
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Village Capital has invested a combined $450,000 in Nigerian startups Trade Lenda and AirSmat through its $4 million Africa Ecosystem Catalysts Facility, extending the fund’s portfolio into Nigeria after its first investments in Ghana.
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Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand cross-border payments infrastructure connecting businesses in Central Africa with trading partners in Asia.