- 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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The Sustainable Energy Fund for Africa (SEFA), a trust fund administered by the African Development Bank, has pledged $8 million as part of a broader $26.5 million financing arrangement for the 32-megawatt-peak (MWp) Ilute Solar Project in Zambia.
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South African startup Open Access Energy (OAE) has successfully closed an oversubscribed seed funding round worth $1.8 million, aimed at fast-tracking the growth of its AI-powered platforms that support digital energy infrastructure and real-time electricity trading.
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The International Finance Corporation (IFC) has unveiled a significant financing deal to advance Egypt’s transition to sustainable energy, with a $72 million loan package for the nation’s inaugural utility-scale battery energy storage system (BESS).
