Author: Elan
duck and dodge President Mahama’s response to devastating floods is a sprawling new administrative capital. But urban planners warn that shifting ministries will not cure the systemic problems choking the historic metropolis. Floods in Ghana’s capital, Accra, leave many areas submerged. © Zoomlion Ghana Limited Published on July 15, 2026 at 18:00 pm (GMT +1) In Accra, the rain does not simply fall. It exposes. By the time Ghana‘s late-June floods receded, brown water turned streets into rivers and gutters into traps. Cars sat half-submerged. Families stood in the wreckage of rooms where the waterline had climbed above the windows.…
Listen to this article Tokyo is redefining its engagement with Africa, transitioning from traditional aid-based approaches to strategic venture capital (VC) investments focused on long-term partnerships, innovation and capacity building. Several Japanese private companies are making Japan’s presence felt in Africa’s VC landscape, particularly in high-growth sectors such as fintech, climate tech and mobility. Growing demand for innovative, technology-driven solutions in Africa has drawn increasing interest from international investors. VC funding in Africa rose from over US$2 billion in 2019 to a peak of US$5.2 billion in 2022. Though investment declined to around US$3.6 billion in 2023, the continent’s start-up…
Africa’s startup ecosystem maintained a resilient funding momentum in the first half of 2026, even as investors became increasingly selective in deploying capital. Data analyzed by the Nairametrics Research team revealed that a total of 241 startups raised $1.58 billion between January and June 2026, with the top 10 startups alone securing $948 million, representing 60.09% of all disclosed funding during the period. The figures also reveal that 19 startups did not disclose the amount of their funding rounds, suggesting that the continent’s total capital inflow could be higher than what is reported. Notably, South African fintech Pay@, with an…
West Africa’s coastal cities are not sinking by accident – African Business West Africa’s coastal cities are not sinking by accident – African Business
Nine years ago, Binance didn’t exist, and fewer than 6 million people on Earth owned any cryptocurrency at all. This week, the exchange marked its ninth birthday, claiming a user base larger than the population of most G20 nations, and made clear it no longer thinks of itself as just a crypto exchange. Binance now boasts of 323 million registered users across more than 100 countries, up roughly 7% in the first half of 2026. This represents an estimated 43% of the world’s cryptocurrency holders. Lifetime trading volume across the platform has crossed $156.4 trillion, a figure the company says…
Moniepoint Inc has appointed Rose Muturi, former Branch Kenya CEO, as the chief executive for Kenya, as the Nigerian fintech unicorn bolsters its expansion strategy in East Africa following the acquisition of Sumac Microfinance Bank earlier in the year. The Nigerian fintech, in an emailed response on Tuesday, confirmed the appointment, stating that Muturi has been brought on board to oversee the company’s strategic direction and not to manage its new local subsidiary. The appointment suggests that the unicorn is moving from securing a regulatory foothold in East Africa’s biggest economy to building a banking business. The acquisition of Sumac…
C. Scott Brown / Android AuthorityTL;DR Gmail users will now be able to edit and revise email drafts via the prompt bar. Using the custom refine instructions in Help Me Write, you can type a follow-up prompt to describe what you want changed. This feature is available for Google AI Plus, Pro, and Ultra users, in addition to Enterprise and Business customers. When you need help writing out an email, Google’s “Help Me Write” tool is right there to help out. The Gemini-powered Gmail feature can whip up a draft with just a simple prompt. However, as it is an…
By Albert K. Owusu For more than 150 years, African governance has operated on borrowed templates, sidelining Africa’s own relational worldview of custodianship, continuity, and communal existence. This absence has left institutions vulnerable to dependency and external validation. In Ghana today, the pattern is visible in parliamentary discourse: opposition parties and governments alike invoke petitions to the International Monetary Fund (IMF) as a rhetorical weapon. Whether or not such petitions are carried out, the symbolism is corrosive. Each threat signals that domestic institutions are inadequate, eroding sovereignty and reinforcing the narrative that accountability must come from outside rather than…
** For the best experience, download the free Africa Private Equity News app Android | iOS **The Competition Commission of South Africa has recommended that the Competition Tribunal approve investment firm Harith’s proposed acquisition of low-cost airline FlySafair.In February, Harith and its affiliates entered into a sale and purchase agreement to acquire FlySafair.Founded in 2006, Harith is a Johannesburg-based pan-African investment firm with over $3 billion in assets under management. It focuses on sectors including energy, digital connectivity, transportation, and logistics.The transaction follows a shareholder exit process at FlySafair that has been under consideration for several years.Want to know who…
Seun Rasheed Interview with Seun RasheedFOUNDER AND CEO, SOUK FARMS Lives in: Kigali, Rwanda Nigerian-born Seun Rasheed was working for oil giant Shell in Qatar when a holiday to Rwanda set him on a different path. During the trip, the wide gap between the local price of passion fruit and what it sold for in Europe caught his attention. He realised there was an opportunity to build an export business around that price gap. Seven years later, SOUK Farms supplies Rwandan-grown produce – including avocados, chillies and beans – to supermarkets in Europe and the Middle East. How we made…