Author: Elan

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Aave V4 lenders supplying wrapped Ether (WETH), USDC or USDT to its Core liquidity Hub on Ethereum would receive a bad-debt backstop under a Sept. 11 proposal from TokenLogic. The Umbrella plan would put Aave’s DAO first in absorbing losses, followed by volunteer underwriters, while limiting this initial coverage to those three lending markets.The proposed underwriting targets are 800 ETH for Core WETH, 400,000 USDC for Core USDC and 400,000 USDT for Core USDT. TokenLogic sized them for six to eight weeks of expected loan growth. They are targets for a proposed configuration, not balances already committed to protecting lenders.For…

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Lebara Nigeria, the local subsidiary of London-based mobile virtual network operator Lebara Group, has begun commercial operations, becoming the newest player in the country’s crowded mobile market. Lebara is entering a market dominated by MTN Nigeria, Airtel Nigeria, Globacom and 9mobile, which own the networks and distribution infrastructure that connect most Nigerians. Unlike those operators, Lebara will sell mobile services over Airtel Nigeria’s network while focusing its investment on digital products, customer experience and services. The launch makes Lebara the second MVNO to begin commercial service under Nigeria’s 2022 regulatory framework, after Vitel Wireless launched in October 2025. It is…

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The unstoppable rise of foldables has slowed the homogenization of smartphones with new form factors and designs, but early in the foldable era, dual-screen smartphones (two separate displays connected by a hinge) seemed like an alternative to traditional slabs. That period was short-lived, though, as dual-screen smartphones quietly faded into obscurity while foldables grew in popularity. To be frank, it’s completely understandable that foldables won that short-lived war, but I decided to dig up my original Surface Duo and the LG V60 ThinQ’s Dual Screen case to see whether dual-screen smartphones had any meritafter all. Related 5 features Samsung’s foldables…

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Anusha Naidu, SAVCA CEOBy SAVCASouthern Africa’s venture capital (VC) industry continues to demonstrate resilience, adaptability and growing maturity, with investors deploying R2.48 billion ($152.15 million) across more than 200 funding rounds in 2025, while increasingly backing existing portfolio companies through successive growth stages. The industry’s active portfolio has now expanded to 1,529 investments, with assets under management reaching approximately R15.45 billion ($947.85 million).These are among the key findings from the 2026 SAVCA Venture Capital Industry Survey, released last week at a launch event attended by industry stakeholders at Cape Town’s Mount Nelson Hotel.“The conversation is evolving,” said Anusha Naidu, SAVCA’s…

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Nairobi — The Independent Electoral and Boundaries Commission has moved to allay concerns over delays in procuring election technology for the 2027 General Election, saying it still has sufficient time to complete the process and test the systems before polling day. IEBC Commissioner Alutalala Mukhwana said the commission had about 120 days to complete the procurement of the technology, followed by another 60 days for simulations and testing. “Some people are saying we are running out of time in terms of technology. We still have 120 days to do that, and another 60 days to run simulations. So, don’t worry,…

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·Dangote notifies customers of 6.7% increase Nigerians are poised for fresh hardship as the increase in petrol and diesel prices threatens to trigger another wave of higher costs across the economy. Specifically, Abuja and other northern cities are set to face prices as rising crude oil prices and transportation costs increase the cost of supplying petroleum products to inland markets. Follow us on WhatsApp | LinkedIn for the latest headlines This followed the decision of Dangote Petroleum Refinery to raise its Premium Motor Spirit, PMS, also known as petrol, gantry price by 6.7 per cent to N1,350 per litre from…

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Anthropic CEO Dario Amodei said in a blog post on Saturday that the speed of AI development is too fast and that left unchecked it may “outrun our ability to understand and control these systems.”He noted that AI’s current blistering advance is being driven by its own increasing ability to build the next generation of AI, or recursive self-improvement.Amodei also cited the OpenAI-Hugging Face incident in July, in which a swarm of agents acted as a “fanatically devoted collective,” breaking out of their testing environment and attempting to hack into a grader evaluating their performance.He said he worries that in…

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For years, the deal between brands and influencers was simple: build an audience, become popular enough for companies to notice, promote their products and get paid. The bigger the following, the greater the bargaining power. That model is still working for many creators, but the business around it is changing. Brands are becoming more careful about what they pay influencers, while audiences are getting better at spotting sponsored content. At the same time, UGC creators are showing that you do not need hundreds of thousands of followers to produce content that works. More businesses are also learning to create the…

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Strong UX ideas do not secure investment on their own. Through a worked example, Alex Williams breaks down how to define business value, calculate costs, test causality, and build a credible case for the return on a design initiative.Sooner or later, a CFO looks at your wireframes and asks what any of it actually does for the bottom line. Storyboards don’t answer that question, and the era when a 5-minute pitch could answer it ended, unfortunately, a while ago.These days, if you want to win budget, buy-in, and backing for UX, the design has to be provably good for the…

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