Latest news with #electricboats
Yahoo
21-07-2025
- Automotive
- Yahoo
Microvast Holdings (MVST) Announces Strategic Partnership with Evoy
Microvast Holdings, Inc. (NASDAQ:MVST) is one of the Best Performing EV Stocks So Far in 2025. The company has announced a strategic partnership with Evoy, which is a Norwegian company that specializes in high-output electric motor systems for boats. Notably, this collaboration is Microvast Holdings, Inc. (NASDAQ:MVST)'s debut in the electric boat segment and reflects an expansion of Evoy's battery options for diverse market applications. Notably, Evoy plans to integrate Microvast MV-I high-power battery packs into the leisure boat product line. A row of electric vehicles all powered by the company's advanced battery systems. For Q1 2025, Microvast Holdings, Inc. (NASDAQ:MVST) booked a net profit of $61.8 million and a positive adjusted EBITDA of $28.5 million, reflecting an increased demand for its advanced battery solutions as well as the effectiveness of its emphasis on profitability and operational efficiency. The company achieved record Q1 2025 revenue of $116.5 million, a strong 43.2% YoY growth. Furthermore, Microvast Holdings, Inc. (NASDAQ:MVST) continues to achieve significant traction in the commercial vehicle sector, mainly within EMEA, where it saw more than 100% growth YoY. Microvast Holdings, Inc. (NASDAQ:MVST) expects that its high-growth EMEA business will maintain strong momentum and will continue to fuel YoY revenue increases. The company has been actively pursuing new strategic partnerships in the region in order to help its current and upcoming product lines. Microvast Holdings, Inc. (NASDAQ:MVST) offers battery technologies for EVs and energy storage solutions. While we acknowledge the potential of MVST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Forbes
07-07-2025
- Entertainment
- Forbes
Why Stars Like Nadal And Brady Are Betting On E1's Electric Raceboat
Rafael Nadal and Will Smith with Rodi Basso at the Lake Como GP Rafael Nadal. Tom Brady. LeBron James. Will Smith. Steve Aoki. What do they have in common? Some are the greatest athletes. Others, iconic names in global entertainment. But they also all own teams in one of motorsport's boldest frontiers: E1, the world's first all-electric hydrofoil powerboat championship. At first glance, it may seem like a fever dream. Sci-fi speedboats gliding above the water, backed by a rotating cast of celebrities. But underneath the sheen of star-studded ownership is a championship that is quietly rewriting the playbook of what sport is. Co-founded by former Formula 1 engineer Rodi Basso and motorsport entrepreneur Alejandro Agag, the sport was built with an aim to electrify the marine industry. But in its mission, it has also made inclusion a non-negotiable with each team fielding a male and female pilot in their lineup. Sure, it's another racing league. But in many ways it's also a case study in how visibility, values, and velocity can fuse into a new kind of sporting empire. The question is: how did a startup series about electric boats become a magnet for celebrity investors and why are so many of them buying in now? Rafael Nadal with Team Rafa pilots (Cris Lazzaraga and Tom Chiappe) Why Celebrities Over Corporate Investment? In new sporting ventures, the phone calls always go to the usual suspects: brands, manufacturers and corporations. But E1 directed that energy elsewhere. 'The reason why we went to talents in sports and entertainment is because the OEMs (Original Equipment Manufacturers) in the marine industry don't really see a sport platform as a marketing tool,' said Basso who is now serving as the CEO. As an engineer by trade, Basso sees the world through a lens of efficiency, not just in the boat's performance, but in how the championship breaks into public consciousness. He said, 'As a young organization, one of the first KPI (key performance indicator) you need to pursue is the media reach and by joining forces with talents, we can claim to have 1.1 billion followers in digital channels…so it's a massive advantage.' But how were celebrities convinced by a venture that, at first glance, perhaps looked more like a tech experiment than a sports franchise? The answer lies in three things: purpose, proximity and potential. It's purpose being a motorsport series that happens to be developing sustainable technologies and having gender parity embedded in its very structure. Proximity because many of its investors already live the coastal lifestyle the sport embodies. 'They are all very passionate about living the life of the coastal areas," said Basso. 'They all have boats, and they all go to amazing places of the world, and they want to make sure that, also their future generation, their kids can enjoy that in the future.' And potential because an early-stage league backed by Saudi's Public Investment Fund and led by former engineers, people who have worked in motorsport, and entrepreneurs hints at serious financial upside. It looks viable. As of now, two E1 teams have been trading their license at already five times their original value. A Championship Built For Parity In motorsport, gender inclusion is often a retroactive fix. E1, however, built it into its architecture. Not as mere tokenism but with conviction. 'I absolutely refrain from calling inclusivity a strategy," said Basso. "Because when you call it strategy, it means that there will be some managers with a checklist trying to tick boxes and make it look like it's working or something. We don't. We mentioned this, but we don't claim it too much, because this is just our natural belief in how an organization should work.' Mashael Alobaidan after winning the Dubrovnik GP One of the clearest proofs of that conviction is Pilot Mashael Alobaidan. She hails from Saudi Arabia and is currently leading the E1 standings alongside her co-pilot Dani Clos for Aoki Racing Team. 'It's refreshing and it's powerful,' she said. 'We race not as the female pilot or the male pilot but as equals. And that really changes the game. It opens the door for true performance to shine through.' The RaceBird Team Rafa The boat itself, the RaceBird, reflects this philosophy. Sleek, silent and hydrofoiled skimming the sea, designed for finesse not just brute force. 'You need a lot of emotional intelligence,' Basso said. Sensitivity to conditions. A read of the race, not just reaction. And that, he argued, often gives female pilots an edge. 'It's [emotional intelligence] one of the most underrated superpowers an athlete can have,' said Alobaidan. 'Last race, I was fifth…I had two options. It's either I give up or I say, 'You know what? Keep on pushing.' Keep on pushing every lap until you overcome and overtake.'' E1's insistence on visibility is personal for her too. 'I received many messages from young not only girls but boys as well in Saudi,' she said. 'Winning in Jeddah and just on that podium…looking at the amount of Saudis and young kids and the way they look at Team Aoki and how their eyes sparkled really touched me.' 'It's really important aspect of what I do in life is to inspire the young generation because we are capable. We have the talent, we have the skills… it's just that tiny push for them to see a role model, someone among them, just like them, achieving that, then this is enough for them to go after the dream,' added Alobaidan. The Future The E1 grid With celebrity owners lending their platforms, engineers crafting silent, sustainable speed, and pilots like Mashael Alobaidan turning representation into record-setting performance, the championship is carving out space in an industry often stubborn to change. 'E1 is a sport with purpose…It's important to say that sustainability is not a stealth communication strategy, but it's a an opportunity for value creation,' said Basso. The long-term vision is ambitious: grow from nine to twelve teams, expand the calendar to 15 global races, and bring on the league's first female team owner. E1 isn't just betting on their RaceBirds to drive investment. They're betting on visibility shaping perception. Betting on the right machine. The right mission. The right message. Reimagining the sport as not just a vehicle for entertainment but for impact.
Yahoo
03-07-2025
- Business
- Yahoo
Microvast Soars 850% in a Year: Should Investors be Onboard Now?
Microvast Holdings MVST shares have skyrocketed 849.7% in a year, outperforming the 38.3% rise of its industry and 12.9% growth in the Zacks S&P 500 Composite. MVST has outperformed its industry peers, AppLovin APP and Dave DAVE. AppLovin and Dave shares have soared 286.4% and 785.3% in a year. Image Source: Zacks Investment Research We have analyzed Microvast stock's rally and recommend whether investors should jump on the bandwagon or stay away from it. In 2024, Microvast entered a partnership with Evoy, a Norwegian specialist in high-output electric motor systems for boats. This marked MVST's market diversification, drawing a vivid picture of its versatile and robust battery technology. The electric boat and ship market is anticipated to grow, seeing a CAGR of 12.7% from 2025 to 2030, fueled by tech advancements in battery systems and propulsion technology. Evoy's integration of MVST's MV-I battery due to its improved safety and reliability in boat applications has demonstrated the company's ability to productize its core battery expertise beyond traditional commercial vehicles. This accomplishment validates their technological capabilities for high-performance applications, opening spaces to other specialized electric sectors such as aviation, defense and construction equipment. The company reached a milestone in the development of its True All-Solid-State Battery ('ASSB') technology in January 2025. This advancement is a cornerstone in enhancing safety, energy density, and efficiency for data center backup power systems and electric school buses, while paving the way for future innovations in robotics and electric vehicles. Microvast's ASSB uses a bipolar stacking architecture that supports internal series connections within a single battery cell. The company has also eliminated liquid electrolyte, allowing a single cell to gain dozens of volts or higher. The success of this technological advancement has positioned the company well as a transformative innovation within the battery market, which is anticipated to flourish, witnessing a CAGR of 16.4% from 2025 to 2030. Management's optimism for year-over-year revenue growth of 18-25% to $450-$475 million in 2025 gives a whiff of confidence in scaling production. MVST trades at a forward price-to-earnings ratio lower than AppLovin and Dave, and the industry as a whole. Microvastis is priced at 19.4X, lower than the industry's 22.03X. APP and DAVE currently trade at 32.77X and 26.59X, respectively. If you are a value-oriented investor, then the MVST stock should be appealing. Image Source: Zacks Investment Research In terms of liquidity, we find it to be significantly impressive, given that the current ratio during the March quarter has increased 28.2% from the year-ago quarter to 1.32. While the metric lags the industry average of 1.84, there is no denying the fact that a current ratio of more than 1 means that MVST can cover short-term obligations easily. Image Source: Zacks Investment Research The Zacks Consensus Estimate for the company's 2025 revenues is $466.7 million, implying 22.9% year-over-year growth. For 2026, the top line is pegged at $601.3 million, indicating a 28.8% year-over-year increase. The consensus estimate for MVST's 2025 earnings per share stands at 13 cents, suggesting a 148.2% year-over-year upsurge. For 2026, the bottom line is projected at 24 cents per share, representing an 88.5% year-over-year increase. Over the past 60 days, two EPS estimates for 2025 and one for 2026 have been revised upward with no downward revisions. The Zacks Consensus Estimate for 2025 earnings increased to 13 cents from a loss of a penny. For 2026, earnings estimates skyrocketed 242%. These upward revisions reflect analysts' growing confidence in MVST's ability to improve its financial performance, supported by its strong business model and solid growth potential. Microvast, which is a global leader in advanced battery technologies, is well-positioned to expand its market share within the battery market by leveraging its new AASB technology and entry into the electric boat segment. We expect strengthening in scalability from management's optimistic top-line outlook. MVST is a fundamentally strong stock that presents an attractive proposition to investors due to its discounted valuation and solid liquidity. Given these positive factors, we recommend that investors add this stock to their portfolio now to capitalize on the continued rally. Microvast flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave Inc. (DAVE) : Free Stock Analysis Report AppLovin Corporation (APP) : Free Stock Analysis Report Microvast Holdings, Inc. (MVST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

National Post
10-06-2025
- Automotive
- National Post
ACEL Power Partners With Vector Náutico to Launch MOLA-e Electric Boat Line in Spain
Article content VANCOUVER, British Columbia & MADRID — ACEL Power, a leader in intelligent electric propulsion systems, is pleased to announce a strategic partnership with Vector Náutico, a respected boat builder based in Madrid. The collaboration introduces MOLA-e powered by ACEL, a new line of eco-conscious electric boats designed for coastal and inland cruising. Article content This partnership marks ACEL Power's official entry into the Spanish market—an important step in its European expansion strategy. As demand for sustainable marine solutions grows across the EU, this alliance underscores both companies' shared commitment to innovation and environmental responsibility. Article content 'We are excited to partner with Vector Náutico, an innovative builder committed to sustainability,' said Natasha Chawla, VP of Sales and Marketing at ACEL Power. 'The MOLA line aligns perfectly with our 50HP and 75HP Intelligent Electric Series, powered by 32 kWh and 43 kWh LFP battery packs. These systems deliver high energy density, extended lifecycle, and enhanced thermal stability—offering zero-emission propulsion without compromising performance.' Article content 'Working with ACEL Power brings our vision for the next generation of electric boats to life,' said Rus Kochman, CEO of Vector Náutico. 'The MOLA-e is elegant, efficient, and built for modern boaters who value reliability and sustainability.' Article content The 5.99-meter MOLA blends the design of a luxury yacht with the accessibility of a day cruiser. Its optimized hull geometry maximizes range and handling, while wide swim platforms offer easy water access—ideal for lake cruising, coastal exploration, and eco-tourism. Article content Available Configurations: Article content Both setups are fully integrated and engineered for quiet, efficient, zero-emission cruising. Article content The first MOLA units will debut in mid-2025, with sea trials and showcase events scheduled throughout Spain. Pricing and customization options will be announced soon. Article content This partnership further accelerates ACEL Power's mission to lead the marine industry's transition to clean, intelligent propulsion—region by region, boat by boat. Article content For more information, visit: About ACEL Power ACEL Power, headquartered in Vancouver, Canada, is a pioneering manufacturer of electric outboard propulsion systems, leading the marine industry in innovation and sustainability. Noted for introducing the world's first mass-produced 50 and 75HP electric motors, ACEL Power is committed to shaping a sustainable future through the creation of a smart electric eco-system. With a forward-looking vision, ACEL aims to offer a comprehensive range from 1HP to 650HP, establishing new benchmarks for marine propulsion in performance, safety, and longevity. Leveraging patented technology and integrated software solutions, ACEL Power is driving change towards a cleaner, more efficient boating experience. Article content About Vector Náutico Article content Article content Article content Article content Article content Contacts Article content Media Inquiries: Article content ACEL Power Inc. Natasha Chawla, VP Sales & Marketing Email: natasha@ Article content


Forbes
31-05-2025
- Business
- Forbes
How Didier Drogba And Gabrielle Lemaire Are Using E1 To Spark Africa's Next Generation
When Lagos was announced as the first African city to host the UIM E1 World Championship presented by PIF, it generated a surge of excitement across the continent, and for good reason. Now, just four months away from race weekend, that excitement is evolving into something tangible and powerful: a bold statement positioning Africa at the forefront of global sustainability, innovation, and economic opportunity. This October, the Lagos Lagoon will roar with the world's first all-electric raceboats, ushering in a new era of electrified marine technology and placing Africa firmly on the map for cutting-edge, green motorsport. Driving this groundbreaking moment are two visionary leaders: Didier Drogba, the Chelsea and African football legend whose impressive accolades include a UEFA Champions League title, four Premier League crowns, and two African Footballer of the Year awards; and Gabrielle Lemaire, a pioneering entrepreneur, CEO of Barons Agence Conseil En Communication, and Vice President of the Didier Drogba Foundation. Their partnership has been instrumental in bringing the race to African shores, fuelling a movement that promises to inspire a generation and reshape the continent's future. In an exclusive interview with Didier Drogba and Gabrielle Lemaire shared insights into their vision for the race, the impact they hope it will have across Africa, and how this event signifies a turning point for sustainability and innovation on the continent. When asked about their venture into electric boat racing and co-ownership of Team Drogba, Drogba shared a perspective rooted in a deep awareness of global climate challenges. He explained that their decision was driven by a desire to contribute meaningfully to sustainability while combining sport and innovation. 'First of all, what inspired us is that we live in a world now aware of climate issues, and there are many ways to contribute,' Drogba said. For him, E1 provides a unique platform to raise awareness through competitive sports. Beyond the race, Drogba values collaborating with other high-profile co-owners, merging sport, technology, and shared responsibility. He emphasised the importance of joining a pioneering project with long-term potential to benefit Africa and the world. As a global citizen, Drogba sees Team Drogba as more than a racing team: 'It was important for me to be part of this project, to spread information about sustainability and raise awareness about Africa's climate issues.' He highlighted tangible challenges like coastal erosion and environmental degradation affecting many African countries. 'We have coastal problems in many countries due to climate change.' By combining excitement with serious environmental messaging, Drogba believes that E1 is an ideal platform to promote sustainability to diverse audiences. This vision embodies Team Drogba's commitment to innovation, environmental responsibility, and global cooperation, with a special focus on Africa's challenges and opportunities in sustainable development. The arrival of the E1 on African waters marks a significant milestone for both the sport and the continent's growing role in global sustainability. For Lemaire, the Vice President of the Drogba Foundation and co-owner of Team Drogba and advocate for gender equality and social development, the Lagos debut holds deep personal and symbolic meaning. 'I'm honoured and happy as a woman to be co-owner of this team,' Lemaire said, noting she is currently the only female co-owner in the series, highlighting the importance of gender representation. 'We have a foundation with three main pillars, education, health, and sustainability, but women are at the centre of our programs. So yes, I'm thrilled.' Lagos, Nigeria's vibrant commercial and cultural hub, was chosen to launch the African leg of E1 after collaboration with partners including the African Export-Import Bank's (Afreximbank) impact investment platform FEDA, Lilium Capital Group, and the Drogba Foundation. This consortium plays a critical role in promoting the race across the continent. 'Lagos is a special place in Africa. Although we are from Ivory Coast, after discussions with partners, we agreed Lagos was the ideal launch site,' Lemaire explained. The city's energy, connectivity, and creativity make it a natural fit for this forward-thinking event, while Nigerians' enthusiasm for sustainable sports initiatives further confirmed the choice. Lemaire also shared plans to expand the E1 to other locations such as Ivory Coast and the Bahamas, reflecting growing momentum for green technology and environmental awareness across regions. 'We have many ideas for future races in Africa.' Team Drogba's leadership blends strong ties to Africa's economic and development sectors. Dr Benedict Oramah, President of Afreximbank; Simon Tiemtoré, Chairman and CEO of Lilium Capital Group and co-owner; and Marlene Ngoyi, CEO of FEDA and co-owner through FEDA, bring expertise and resources to ensure lasting impact beyond the races. Together, this consortium aims not only to deliver thrilling, sustainable sport but also to leverage the platform to drive investment, innovation, and awareness of Africa's climate challenges, positioning Lagos and the continent as hubs for sustainable sport and environmental advocacy. When asked about the impact of E1 on Africa, Drogba speaks with the insight of someone who understands the continent's cultural richness and sport's power to inspire change. For him, the fusion of sports, education, and culture creates a catalyst for progress. 'Lagos is the city of culture,' Drogba notes, highlighting its status as a creative hub with celebrated artists, Grammy winners, and a vibrant event calendar. This cultural energy, combined with strong political support, particularly from Lagos State Governor Babajide Sanwo-Olu, is vital for the event's success. 'We're pleased to have the governor's support, opening his arms and hosting us. For us to have an impact, this event must succeed. All eyes will be on Lagos.' The global spotlight will also shine on Lagos, amplified by influential sports and entertainment figures co-owning teams in the championship. Drogba says, 'Can you imagine having Tom Brady, Will Smith, or LeBron James in Lagos? When you talk about impact, there's nothing better than that.' Their involvement signals global collaboration and a shared commitment to sustainability and innovation. Drogba's vision is clear: by combining sport's universal appeal with cultural richness and influential ambassadors, E1 can spark investment, inspire communities, and drive dialogue on sustainability across Africa and beyond. 'Having these influential figures there,' Drogba says, 'is the best image and impact E1 can have on Africa and the world.' As Lagos prepares to host this groundbreaking event, the convergence of sport, culture, and environmental advocacy promises a new chapter where innovation meets tradition and global attention focuses on Africa's leadership in sustainable development. Drogba is candid when discussing Africa's historical exclusion from major global sports and cultural events. This absence, he suggests, is not just a missed opportunity for the continent but a factor that perpetuates broader economic and social challenges. Reflecting on the fact that Africa has hosted only one FIFA World Cup in its entire history, he underscores the urgency for change. 'We've always been left aside when it comes to big events, big sports events,' Drogba remarks. 'Do you know how many World Cups there have been in history, but we've only organised it once? You know, how many European Championships? We never organise those, even though they can take some events from France, England, Saudi Arabia, America, and Asia, but it never really happens in Africa. So, for us, it's a must.' This exclusion is about more than just prestige; it touches on the very livelihood of millions. Africa faces ongoing challenges with youth unemployment and migration, issues that global attention and investment in the right places could begin to address. Drogba highlights the transformative potential that a high-profile event like E1 could have on the continent. 'When you bring this attention to the continent, and you create jobs, by organising such great events, you create an economy,' he explains. 'Youth will begin to think, hold on, I have an opportunity here. Why should I leave to reach my dreams?' This vision challenges long-standing patterns and invites the continent to step confidently into a global spotlight where innovation meets opportunity, helping to shape not just the future of mobility, but also the future of African youth and economies. Lemaire shares a deep passion for connecting the Foundation's mission with the sustainability goals championed by E1. While education and health have long been pillars of their work, sustainability is a newer, but increasingly vital, focus for the Foundation. 'For the past few months, we have been actively developing the sustainability pillar. This is incredibly important for us as Africans because, internationally, Africa often lacks the tools to negotiate effectively on these issues. Our goal is to raise awareness among the youth so they understand the importance of sustainability and can lead the charge for the continent.' This commitment is not about quick wins. Lemaire emphasises that their approach to sustainability is a long-term project that aligns perfectly with E1's mission. 'It won't be something accomplished in just one or two races, it's a sustained effort. That's why E1 is such an amazing platform for us. We plan to use it extensively to raise awareness not only in Ivory Coast and Africa but for young people globally. But honestly, Africa remains the greatest challenge and priority for us.' The decision to bring E1 to Africa was deliberate and strategic. Lemaire recalls their early conversations with key E1 figures Alejandro Agag and Rodi Basso, which inspired both her and Drogba to become co-owners of Team Drogba. Adding a personal and culturally resonant touch to the initiative, Lemaire shares a lighthearted anecdote about Drogba's recent conversation with Nigerian superstar Burna Boy. 'Didier told him, 'I'm going to Lagos, your country, and you need to be there. Maybe you could even join the team one day.' We have many ideas and exciting plans ahead.' For Drogba, the impact goes beyond the race itself. 'When you succeed somewhere, for me, success means sharing knowledge and helping others succeed as well,' he says. 'If I can open the door for another African to have their own team in E1, that is a true legacy. That is what matters.' This shared vision between the Foundation and E1 reflects a broader narrative of African empowerment through sustainable innovation and global partnership, one that promises to inspire generations and reshape Africa's future on the world stage. When it comes to shaping the future of environmentally conscious sports and entrepreneurship, Drogba believes Africa has both the depth and the determination to lead the way. But to understand its potential, he says, we must first reframe how the world views the continent. 'Africa isn't just a place of conflict or struggle,' Drogba explains. 'Too often, we highlight only the challenges, wars, famine, and instability, but we forget to talk about our Nobel Prize winners like Dr. Denis Mukwege, and icons like Nelson Mandela. Africa is home to brilliant minds, incredible resilience, and unmatched beauty. That's what we want to put forward.' This vision isn't about glossing over the continent's difficulties. Rather, it's about showing that Africa's narrative is not one-dimensional. 'Yes, we face challenges,' he acknowledges, 'but we also have bright people who are ready to face them head-on, and we'll never stop. That's how we inspire, that's how we educate the next generation, and that's how we ensure they're ready to lead Africa to an even greater future.' For Lemaire, this belief is rooted in experience. She and Drogba have lived in global cities, Paris, London, and New York, but Africa remains their anchor. 'Africa is the future in so many ways,' she says. 'There are so many entrepreneurs, people who are resourceful, creative, determined. Everyone's doing something. The drive is there. What they often need is just a small push, a spark, to set it all in motion.' That's where events like E1, and the visibility they bring, become so powerful. Lemaire sees every event, every conversation, and every engagement with the youth as a chance to ignite something meaningful. Drogba agrees that the real power lies in representation. 'When young people see Lemaire when they see me out there, it plants a seed. It tells them: 'One day, I can be there too.' That's our mission. It's not about being special, it's about showing that there's opportunity, and if you have the will, you can make it happen.' He adds that their work goes far beyond competition or performance. 'For us, it's not about whether we win or lose the race. It's about the impact. And that's why we're proud of what E1 has already done. It's still early, but the direction is right. We're not just racing, we're opening doors, creating tools, and helping young Africans believe in their potential.'