- 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
Victor is a serial tech entrepreneur and venture capitalist who has contributed significantly to Africa’s tech ecosystem.
Born in Nigeria, he has been a pioneer in the African Information Technology industry, with his experience spanning more than two decades.
He is the Founder of Swifta Systems, a pioneer African software and technology services group with subsidiaries and operations in several African countries.
Victor sits on the boards of well-known financial technology and investment companies across Africa. He is also the board chairman of EdoInnovates, a board member of PlaceFund, and the Africa partner for Alta Global Ventures.
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Maia Capital Partners has committed R150 million (US$9.12 million) in mezzanine debt financing to South African renewable energy company Nesa Power, providing growth capital to expand its commercial and industrial (C&I) solar business and increase its portfolio of long-term power purchase agreements (PPAs).
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Nigeria’s Bank of Industry (BOI) has appointed Kuramo Capital Management as fund manager for the $170.6 million DICE Fund of Funds.
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Nairobi-based venture capital firm Novastar Ventures has partnered with Google to launch an Applied AI Lab that will give African startups and researchers access to advanced artificial intelligence technology, technical expertise, funding opportunities, and venture support.