Author: Elan
Nigeria’s inter-bank settlement infrastructure body wants Nigerians to stop choosing between keeping cash in their pockets and paying charges to move money digitally, and its chief executive made that argument publicly at one of the most consequential payments gatherings of the year. Premier Oiwoh, Managing Director and Chief Executive of the Nigeria Inter-Bank Settlement System (NIBSS), used his remarks at the official launch of Nigeria’s Payments System Vision 2028 to advocate for the complete elimination of transfer fees, arguing that charges on digital transactions are actively undermining the country’s financial inclusion goals and driving people back to cash. Premier Oiwoh…
It’s the first of the month, which means Netflix has added a substantial number of new movies and shows. Some of the highlights include the Creed movies, Friday Night Lights, The Karate Kid franchise, and the first five seasons of Hawaii Five-0. Keep an eye on the new movies coming later this month, including Office Romance and Little Brother. As for the thriller section, there are several movies to check out this week. My top pick is a recent crime thriller from an Academy Award-nominated director. My other two movies are total opposites. One is a disturbing psychological thriller featuring…
** For the best experience, download the free Africa Private Equity News app Android | iOS **The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for the $137 million Takoradi Floating Dock Project (Shiprite) in Ghana. Located in the Port of Takoradi, 225km from the capital, Accra, Project Shiprite will develop, build, and operate a commercial-scale ship repair and dry docking facility in the Gulf of Guinea. Delivered as a partnership with the Ghana Ports and Harbours Authority under a 25-year concession agreement, the Shiprite transaction with PIDG’s investment can now proceed…
Washington, DC — When Festus Mogae died in early May, the world lost a global statesman and I lost a beloved friend of more than 40 years. The Oxford- trained economist was a dedicated democrat, committed feminist and visionary leader who successfully shepherded Botswana through the HI/AIDS crisis. But the magic of Festus was his integration of those talents and traits into a soft-spoken powerhouse who was instrumental in piloting a small, newly independent southern Africa country from dire poverty at its 1966 independence to prosperity as the strongest democracy and most resilient economy on the continent 60 years later.…
Editor’s note: This article is the first in a three-part series on the state of venture investment to Black-founded startups in 2026. Driving these reports is data from Crunchbase’s Diversity Spotlight feature, which offers insight into diversity in startups’ and investment firms’ leadership teams. Parts 2 and 3 in this series will be published in June. The share of U.S. venture funding going to companies with Black founders in 2025 remained low, even as overall startup investment ticked slightly higher, Crunchbase data shows. Only around $942 million — or just 0.32% of total U.S. venture funding — went to startups…
Mr President, we would like to recognize the fact that over the past 12 months, the country has experienced a relatively stable and consistent flow of electricity, marking a significant period of improved supply. However, the situation has deteriorated drastically. What started as a glitch with maintenance – with a show of understanding from the public – has apparently turned out to be a major issue, as the nation has to make do these days with constant power outages day in day out. This is troubling as almost all facets of the national fabric are gravely affected. Businesses, public and…
As economic realities continue to widen educational inequalities in Nigeria, the challenge of keeping children in school extends beyond tuition fees alone. For many families, the rising cost of school supplies, transportation, uniforms, books, and daily learning essentials has become a growing burden, disrupting a child’s educational journey. According to UNICEF, Nigeria currently has about 18.3 million out-of-school children — the highest globally — with over 10 million of them at the primary school level alone. “Nigeria’s nearly 105 million children and adolescents aged 0-17 years represent about half of the country’s population. Investing in children is a strategic opportunity…
As organisations increasingly collect and process customer data across payments, marketing, support, and analytics systems, data protection has become a fundamental operational requirement rather than solely a compliance obligation. A prevalent method for achieving this is PII tokenisation, which replaces sensitive personal identifiers such as names, emails, phone numbers, or customer-linked IDs with protected token values, thereby limiting exposure of the original data. Done well, tokenisation reduces privacy risk without making the data useless; if not, it creates a different problem. Typically, a project is initiated to enhance data protection: sensitive fields are tokenised, access controls are strengthened, and the…
Let’s kick off June — and the beginning of summer — with some fresh inspiration! Artists and designers from across the globe once again tickled their creativity to welcome the new month with a new collection of desktop wallpapers. Enjoy!Everyone has a creative spark in them. Some bring their ideas to life with digital tools, others capture the perfect moment with a camera or love to grab pen and paper to create little doodles or pieces of lettering. And even if you don’t think of yourself as particularly creative, who knows? There might be a hidden talent waiting to be…
Complex technological architecture popularised by Huawei and ZTE is rapidly spreading across African cities, raising growing concerns about political monitoring, data control and the boundaries of state security.