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."
Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.