Author: Elan
After nearly two decades of excluding Nigerians from its platform, PayPal is back, this time through a partnership with Nigerian fintech Paga. The partnership allows Paga users to link their wallets to PayPal accounts and withdraw funds in naira. Businesses are not left out either. “The next phase is opening this up fully on our merchant business accounts, so businesses can accept PayPal directly on our gateways and handle larger business-sized transactions,” Paga CEO Tayo Oviosu told TechCabal. On the surface, the announcement appears to be a straightforward expansion play. Underneath it, however, sits a more complicated mix of history,…
I’m a bit of a procrastinator. Once I get going, I’m fully focused and in the zone, but like many, finding that spark is sometimes difficult. One of the things I continually put off is cleaning my PC. I know that I should do it, and I know the risks of not doing it. Heck, I even work for a tech site where I’ve written articles about the dangers of not cleaning your PC. I know the issues I’m creating. So, worse, I’m a procrastinator and a hypocrite? This is not going well for me. So, I finally got down…
Osama Bari, CTO at D24 Fintech, shares his views on how blockchain technology will evolve in 2026 The blockchain market is on track to continue its growth this year, with estimates from McKinsey putting it on track to reach $2 trillion by 2030. “2025 was the year we saw blockchain finally become enterprise infrastructure,” says Osama Bari, Chief Technology Officer at D24 Fintech. “But blockchain isn’t single-purpose; there are various ways in which the technology can continue to drive change in the year ahead.” Below, Bari outlines the five trends set to dominate the discussion in 2026. The modular blockchain era Bari: “In…
Africa has the capital it needs – we must work together to use it – African Business Africa has the capital it needs – we must work together to use it – African Business
In brief The SEC dropped its Gemini Earn lawsuit earlier this week, adding to a list of many other cases already closed off. So far, at least 17 other crypto cases have been closed or dropped under the new regulatory regime. The agency now favors targeted enforcement based on investor harm, over symbolic or sweeping legal battles, Decrypt was told. Since U.S. President Donald Trump’s return to public office, the Securities and Exchange Commission has scaled back its crypto enforcement agenda. It has dropped cases, closed investigations, and changed what it prioritizes for enforcement.The most prominent case to fall out…
MultiChoice’s DStv is doubling down on affordability as competition from streaming platforms intensifies. The pay-TV giant, now majority-owned by France’s Canal+, announced on Tuesday that it has cut decoder prices, expanded entry-level content, and introduced a cost-sharing feature designed to keep price-sensitive households on board in South Africa. Since October 2025, following its takeover of MultiChoice, Canal+ has been rolling out measures to win back viewers. In the past two financial years, Multichoice lost 2.8 million active linear subscribers. In the 2025 financial year alone, the decline was 1.2 million subscribers, representing an 8% drop compared to the previous year. …
Summary Desktop Linux keeps commercial operating systems honest by providing a viable alternative for users. Desktop Linux is a source of innovation that influences features found in Windows and macOS. While you may not use Linux, coders of OSes likely do, benefiting from its customization and shell tools. Linux—you’ve heard of it, and maybe you’ve given it a try once or twice. However, statistically, you’re probably not a committed desktop Linux user. Globally, as of 2025, just over 4% of desktop PCs run Linux. That’s a tiny slice of the market, and yet it’s a milestone for Linux worth celebrating.…
Karim Beshara, founder and managing partner at A15** For the best experience, download the free Africa Private Equity News app Android | iOS **KNOT Technologies has raised a $1 million pre-seed round led by A15 to scale its AI-native ticketing and access control infrastructure. The company aims to rebuild how identity, distribution, and value flow at live events. For decades, ticketing has run on legacy rails that leave organisers blind to demand, fans exposed to fraud, and billions of dollars leaking into unregulated resale markets. KNOT’s founders, with prior experience at Meta, Goldman Sachs, and Mubadala, spent months conducting structured…
Ahmed Rady, Managing Director of Admaius Capital PartnersAdmaius Capital Partners, a market-leading pan-African private equity firm, along with Dr. Sherif Bassiouny, Chairman of Parkville Pharmaceuticals, and Dr. Mahmoud Farrag, CEO of Parkville, has signed definitive agreements to sell a majority stake in Parkville to Adenia Partners. On completion, this will be the first exit of Admaius’ maiden fund, the Virunga Africa Fund I, 3.5 years after first investment.Parkville is a leading Egyptian healthcare and pharmaceutical company active in the pharmaceutical, cosmeceutical, and nutraceutical sectors. Founded in 2008 and headquartered in Cairo, the company develops, manufactures, and distributes a broad portfolio of…
Women-led startups continue to receive a disproportionately small share of venture capital in Africa, even as the continent’s broader startup investment landscape shows signs of recovery after two difficult years. Less than 10 per cent of all venture funding deployed across Africa in 2025 went to companies with at least one female founder, according to the ‘Africa Investment Report 2025’ by research firm Briter. The figure underscores the persistence of gender-based disparities in capital allocation, despite a modest rebound in overall investment activity. African startups raised about $3.8 billion in disclosed funding across more than 630 deals in 2025, with…