How Jeff Bezos investments in Africa are taking shape through Amazon, AWS, and Fintech
Jeff Bezos investments in Africa show up in two big levers, Amazon marketplaces and AWS cloud, plus a selective fintech bet.
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Jeff Bezos investments in Africa show up in two big levers, Amazon marketplaces and AWS cloud, plus a selective fintech bet.
The effort targets Nigeria's crippling power shortages, aiming to bring electricity to over 86 million individuals – nearly half the country's population – who lack access to this basic necessity.
With backing from Breakthrough Energy Ventures, led by Gates and Bezos, KoBold is poised to advance its operations rapidly to meet the surging global demand.
This move by Bezos and The Bezos Earth Fund follows their announcement in October 2022, outlining plans to collaborate with African and European nations.
Over the past four years, America’s third richest woman MacKenzie Scott has given over $1.1 billion to various charities across Africa.
AWS is a subsidiary of Amazon.com, Inc.
Bezos is the world’s fourth-richest billionaire, while Jay-Z is the world’s 2,085th richest man.
AWS is a subsidiary of Amazon.com.
Dangote is presently not only the richest man in Africa, but also the richest Black man in the world.