Author: Elan
By Adesoji Solanke, Head of Fintech & Banks Investment Banking Origination, Absa CIB Back in 2014, two blockchain pioneers set out to solve a problem confronting the early cryptocurrency ecosystem: the extreme price volatility of Bitcoin and the first generation of altcoins made them difficult to use for everyday transactions and impractical as a reliable medium of exchange. Their answer came from an experimental blockchain platform called BitShares, where a token known as BitUSD was designed to track the value of the US dollar. Users could create the token by locking up the network’s native cryptocurrency, BitShares (BTS), as collateral…
** For the best experience, download the free Africa Private Equity News app Android | iOS **A MESSAGE FROM OUR SUPPORTERSSAVCA Private Equity Conference 2026: Igniting the next era of private capitalThe SAVCA Private Equity Conference 2026 marked the largest gathering in the event’s history. Read moreHere are summaries of the five most widely read stories the past week on Africa Private Equity News.1. Adenia Partners fund reaches $180m hard capAfrica-focused investment firm Adenia Partners announced the first close of its Adenia Entrepreneurial Fund I (AEF) at its hard cap of $180 million. This comes less than a year after…
African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling a rebound in tech investment. Six companies captured nearly 80% of total funding, reflecting more selective investor strategies. African startups raised more than $272 million in February 2026, according to the monthly report by Africa: The Big Deal, a platform that tracks funding deals above $100,000 across the continent. Around 40 technology companies announced fundraising rounds during the month through a mix of instruments, including equity, debt, and hybrid financing. The total marks a sharp increase from the $174 million recorded…
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The following is a guest post and analysis from Vincent Maliepaard, Marketing Director at Sentora.Stablecoins have become a meaningful settlement layer, lending markets continue to expand, and tokenized real-world assets keep growing. Visa said global stablecoin transaction volume rose from more than $3.5 trillion in 2023 to more than $5.5 trillion in 2024. That is not the profile of a niche experiment. It is the profile of infrastructure finding real demand.The problem is that DeFi still measures itself with a bootstrap metric.TVL is a misaligned scoreboardFor most of the last cycle, Total Value Locked became the default scoreboard. TVL was…
Inside Daniel Anomfueme’s mission to build Africa’s first truly decentralised science tech ecosystem
There is a particular kind of person who, before they know what a career is, is already doing the work. They are not prodigies in the traditional sense. They do not write code or build an app at age twelve; they are simply restlessly curious, and that curiosity, left to blossom, eventually becomes a profession. Daniel Anomfueme is that kind of person. Today, Anomfueme is a technical project manager and community builder, though he is quick to add that the description does not fully capture how he sees himself. “I think of myself as ambitious,” he says. “Someone who can…
Kaitlyn Cimino / Android AuthorityA leak earlier this week pointed to a new reMarkable tablet headed to shelves, reportedly called the “Paper Pure.” Details are beyond sparse (one image and a pair of sentences), but the early framing suggests the company may be aiming to open its experience to a wider audience. Described as a more “mass-market” device, the Paper Pure is expected to land in the second quarter of the year. If that’s the case, here’s what I hope to see reMarkable do. What do you want to see most from the rumored reMarkable Paper Pure?4 votesAn approchable price…
** For the best experience, download the free Africa Private Equity News app Android | iOS **Africa-focused private equity firm Adenia Partners has completed the first investment from its Adenia Entrepreneurial Fund I (AEF), acquiring a stake in Maymana, a brand within Morocco’s culinary sector. Founded in 1985 by Naima Berrada Benchakroun, Maymana’s offering includes traditional Moroccan pastries, bakery and viennoiserie products; fine grocery items; and gourmet catering services. It serves individual consumers, corporates and event clients across Morocco and increasingly internationally.Under Adenia’s partnership, Maymana will focus on institutional strengthening, operational enhancement and expansion beyond its current footprint.Stéphane Bacquaert, managing…
Maputo — Mozambican Prime Minister Benvinda Levi on Thursday swore into office four senior officials, all of whom are women. Levi said that the four “have given evidence of their dedication and technical competence in exercising the countless tasks with which they have been entrusted’. The four are: Olga Manjate, the General Inspector of Labour; Ernestina Chirinda, the Chairperson of the Labour Mediation and Arbitration Commission (COMAL); Lucia Luciano da Cruz, General Director of the Agricultural Promotion and Rural Extension Fund (FAR); Farida Abdula Urci, General Director of Maputo Central Hospital, The appointment of these four women, said Levi, “expresses…
Washington, DC — Uganda’s Minister of Energy & Mineral Development, Ruth Ssentamu, stressed that energy access remains central to economic transformation. The Powering Africa Summit opened with a clear shift toward execution, as Summit Sponsor Sun Africa and senior government leaders called for bankable projects, scalable infrastructure and deeper US-Africa investment ties. Adam Cortese, CEO of Sun Africa, framed energy as the backbone of industrial growth and cross-Atlantic partnership. “Energy isn’t just a commodity. It’s the lifeblood that connects these pillars, driving economic growth, security, and prosperity on both sides of the Atlantic,” he said. Pointing to projects already underway,…