Author: Elan

Leading tower infrastructure company IHS Tower has announced a proposed agreement that will seal its merger with MTN Group. The deal, valued at approximately $6.2 billion, will see MTN take full control of the entire stake. According to a disclosure on Tuesday, seen by Technext, IHS Towers noted that its Board of Directors has “unanimously” approved the agreement and the transaction, and has recommended the same move to its stakeholders. The tower company explained that both MTN and Wendel, a long-term IHS Towers shareholder, have voted in support of the transaction. With both votes, over 40% shareholder support is needed…

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On January 23, during the centenary celebrations at Mang’u High School, one of Kenya’s oldest national schools, about 50 kilometres from Nairobi, three banking booths drew steady traffic from students and parents. Representatives from Co-operative Bank of Kenya, Equity Bank and KCB Group were issuing prepaid cards pitched as a modern way for parents to manage pocket money. I passed through each booth where desk agents explained the mechanics and pricing. Co-operative’s CoopPay card costs KES 350 ($2.17), Equity’s student prepaid card costs KES 500 ($3.88), and KCB’s equivalent costs KES 600 ($4.65).  The products look similar on the surface,…

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Your AMD Ryzen processor almost certainly isn’t running as fast as it could, and the fix is a single BIOS toggle you’ve likely never touched. Precision Boost Overdrive (PBO) is one of several BIOS settings that can hold back your CPU’s full potential. It lets your CPU push past its default power limits to boost for longer, yet most motherboards ship with it disabled. I’ve had PBO enabled on my Ryzen processor for a while now, and I think leaving it off is a waste of perfectly good performance. It’s free headroom that your chip already supports, and I see…

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Adesuwa Okunbo Rhodes, founder and managing partner of Aruwa Capital Management** For the best experience, download the free Africa Private Equity News app Android | iOS **The International Finance Corporation has disclosed a proposed investment of up to $8 million in the Aruwa Capital Fund II, managed by Aruwa Capital Management.Aruwa Capital Fund II is a generalist private equity fund focused on small and medium enterprises in Nigeria and Ghana. The fund has a target of $50 million with a hard cap of $60 million.IFC’s proposed commitment would be in the form of equity and would not exceed 20% of…

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A new book, How we made it in Africa II, by South African author Jaco Maritz, chronicles the journeys of entrepreneurs building remarkable companies across the continent. Commissioned by the NTU-SBF Centre for African Studies, the book was officially launched in Singapore on Friday, 6 February.** Africa Private Equity News readers can now purchase the ebook or paperback at a 15% discount with voucher code APEN. Click here to buy the book.**Building on the success of the acclaimed first edition, Maritz returns with 15 fresh case studies of founders creating successful businesses. The entrepreneurs featured come from a variety of…

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Partner content: Africa’s Business Heroes Africa’s Business Heroes (ABH), the flagship philanthropic initiative of Alibaba Philanthropy, concluded its 7th edition in Kigali on 13th December 2025 with Diana Orembe, Co-Founder and CEO of NovFeed from Tanzania, emerging as the overall winner and Africa’s Business Hero. Diana was recognised for her pioneering biotech innovation that transforms organic waste into sustainable protein for animal feed. Her solution earned the Grand Prize of $300,000, reflecting its potential to strengthen agricultural systems and promote sustainability across the continent. Her win marked the culmination of an inspiring Grand Finale held at the Kigali Convention Center, which…

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In brief The European Commission is reportedly seeking to impose an EU-wide ban on all crypto transactions with entities based in Russia. The move comes as Russian actors find ways of circumventing targeted sanctions, with the A7A5 stablecoin accounting for $70 billion in volume in 2025 alone. Experts agree that a blanket ban will make it harder for Russian actors to evade sanctions, although they may still use intermediaries and shell companies. The European Commission is seeking to impose an EU-wide ban on all crypto transactions with Russia, as part of ongoing efforts to ensure the effectiveness of sanctions.According to…

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The Federal Fire Service (FFS) has issued a critical advisory to Nigerian homeowners and businesses amidst a rising trend of fire outbreaks linked to faulty alternative energy solar installations in the country. The Kano State Command of the FFS is urging citizens to seek professional oversight and technical guidance from the service before and during the installation of solar power systems. Speaking in a recent interview with Channels TV, the Public Relations Officer for the Kano State Federal Fire Service, Deputy Superintendent of Fire (DSF) Alhassan Kantin, clarified the service’s role in the evolving energy sector. He emphasised that while…

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