Author: Elan
Kenya is Africa’s largest avocado producer. Miraj Shah and his cousin, Mitul, saw an opportunity to turn the country’s surplus avocados into oil. Their company, Crofts Ltd, now exports Kenyan-made avocado oil to more than a dozen markets around the world.How we made it in Africa editor-in-chief Jaco Maritz spoke to Miraj about his journey as an entrepreneur.Topics discussed include:Spotting an opportunity in avocado oilOvercoming early setbacksSourcing raw materials from smallholder farmersBuilding an international client baseEntrepreneurship lessons
Port Louis — New leaders have been confirmed for the the 18th U.S.-Africa Business Summit in Port Louis, Mauritius, from December 6 to 9, 2026. The event is organized by he Corporate Council on Africa (CCA) in partnership with the Government of the Republic of Mauritius. Plans for Summit high-level sessions, exhibition, and golf tournament are well under way. Secure the early bird registration rate before it closes. Register now. The summit is CCA’s main annual gathering. It brings African heads of state, U.S. and African government leaders, CEOs, investors and sector experts together to advance trade and investment between…
European Central Bank Executive Board member Piero Cipollone said the digital euro that is set for a pilot next year has the potential to give the bloc “sovereignty” over a payments infrastructure that currently requires dependency on external, non-European third parties.Cipollone said in an interview with Italy’s Milano Finance published by the central bank on Saturday that because the bloc is critically dependent on third parties, it’s not easy to ensure this smooth functioning. He did not cite specific third parties.“In recent years Europe has learned that, for some essential services, we cannot rely only on third parties. We saw…
The Ogun Digital Summit (ODS) 2026 has opened applications for its hackathon to young developers, innovators and entrepreneurs across Nigeria. The top three teams will share ₦5 million. Winners of the competition, whose aim is to back solutions to real problems facing businesses and communities, will also get support well beyond the cash prize. The hackathon is part of the seventh edition of the summit, which will take place from November 25 to 27 at the June 12 Cultural Centre, Kuto, Abeokuta. The hackathon itself will take place on the first day at Ogun Tech Hub, Kobape, also in Abeokuta.…
You might have noticed your phone losing battery on standby overnight. The battery stats don’t point to anything unusual, and the usual suspects don’t fit either. It happens too consistently for an old battery and too predictably for a rogue app. As it turns out, a default Android setting keeps waking your phone in the background throughout the night, draining battery on tasks you never asked for. Related I enabled one developer option and my Android phone stopped draining battery overnight Goodbye mysterious overnight battery drain. Account sync and your battery Why your phone never truly sleeps Digvijay Kumar /…
From cabinet positions and UN peacekeeping missions to business ventures and family foundations, the daughters of Ghana’s former leaders are carving out their own paths while navigating the privileges and burdens of powerful surnames.
Share this story Send it to someone who should read it. In Brief Nigeria has regained the lead in African startup funding, but the headline number hides a more uneven recovery. Startups assigned to Nigeria raised $635 million between January and September 2026, up from $247 million in the same period last year, according to figures from… Yet four companies accounted for $440 million, or about 69% of the money tracked. Nigeria has regained the lead in African startup funding, but the headline number hides a more uneven recovery. Startups assigned to Nigeria raised $635 million between January and September…
Four technologies that could reshape Africa’s energy future – African Business % Four technologies that could reshape Africa’s energy future – African Business %
Stanbic IBTC Holdings Plc posted a profit of ₦370.4 billion in the nine months to September 30, 2026, up from ₦278.5 billion in the same period in 2025. This represents a 33% increase, even though income from electronic banking fees declined. The group earned nearly ₦91.9 billion more than it did a year earlier. However, its unaudited results show that the growth did not come from one source alone. While electronic banking fees fell, income from account transactions and card-related commissions increased. This shows that electronic banking fees were not the main driver of Stanbic IBTC’s stronger performance. Other sources…
Terra Industries, the Nigerian defence technology startup, has become one of the most recognisable names in the African deep tech sector. Terra has earned the visibility. Founded in 2024 by Nathan Nwachuku and Maxwell Maduka, the company designs and manufactures autonomous drones, sentry towers and crewless ground vehicles, all connected through its proprietary ArtemisOS platform. In August, it closed a $52 million seed round, the largest in Africa. Terra offers a glimpse of what is possible if an ecosystem can support more companies to that stage. The United Nations Development Programme defines deep tech as technology built on scientific discoveries,…