Tomie Balogun is an Innovator and award-winning leader in the financial services industry in Africa with over 15 years’ worth of experience across management consulting, telecommunications, investment advisory and Fintech. She is the Founder of The Green Investment Club which has recently been gaining international recognition for its efforts in improving financial literacy in Nigeria. The CEO Business Africa magazine had an opportunity to chat with Balogun who is also the CEO of the Vestract Company on how her club is influencing investment in Africa.
Read MoreDay: December 8, 2021
Jibril Omar: Leading Ofgen to a future of solar power
Most solar companies in Kenya and in other parts of Africa tend to focus on community and domestic consumers and unlike them Ofgen, through research and development background, saw a business viability and went into; the commercial market because it is the most difficult to crack but offers the highest rewards.
Read MoreFintech ImaliPay enters South African market
SOUTH AFRICA – Financial services platform for gig economy workers ImaliPay has entered the South African market, its third major African market after Nigeria and Kenya, aiming to help more of Africa’s gig economy workers improve their financial security and shape their journey towards financial freedom. Co-founded in 2020 by Tatenda Furusa and Sanmi Akinmusire, ImaliPay offers both new and existing gig…
Read MoreJaco Beyers: Growing John Deer’s repertoire of solutions into Africa to elevate economies
Africa is getting to a new era of development and according to Jaco Beyers, John Deere has the mechanization that will leap Africa into the new future with new technology. They have the best dealer network and largest footprint that invest millions on infrastructure, tools to ensure that they can look at after their customers.
Read MorePAYG Solar: Lowering cost of energy access for millions of African households
Pay-as-you-go (PAYG) business model of energy access has become a new disruptive force in the continent of Africa for the last couple of years. The investments made in this companies have reflected in small businesses like bars and salons by allowing them to operate on extended hours, save on electricity costs and expand their businesses.
Read MoreKfW inks US$55.3m financing deal to decentralize electricity supply in Sub-Saharan Africa
SUB-SHARAN AFRICA – German state-owned investment and development bank (KfW), on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), signed a €49 million (US$55.3 million) financing agreement for the Clean Energy and Energy Inclusion for Africa (CEI Africa) foundation. The aim of the foundation set up by KfW is to supply climate-friendly electricity to people in sparsely populated…
Read MoreIRENA partners with Alliance for Rural Electrification to boost off-grid renewables
AFRICA – The International Renewable Energy Agency (IRENA) has signed a memorandum of understanding (MoU) with the Alliance for Rural Electrification (ARE), to strengthen their existing cooperation on rural electrification and universal access to energy. The MoU was signed in the margins of the fifth International Off-grid Renewable Energy Conference (IOREC) by IRENA Director-General Francesco La Camera and ARE Chief Executive Officer…
Read More