The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
Through partnerships with organizations like VISA, Konnect is working to extend secure payment services to previously excluded segments of the population.
Equator Africa Fund, a climate-focused investment vehicle, concentrates on three key sectors critical to the continent’s climate transition: energy, agriculture, and mobility.
Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.
“Johannesburg and Nairobi, Africa’s leading data center markets, have a combined live IT power of just 74 MW — starkly inadequate compared to Dublin and London’s over 1,500 MW."
"You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg
