Author: Elan

By PwCThe past five years have reshaped global capital markets through pandemic shocks, monetary tightening, and rapid digital innovation. For Africa, this evolving landscape presents unprecedented challenges, and remarkable opportunities. Africa, once viewed as a frontier market, is now emerging as a key beneficiary of global capital flows. The rise of private equity, growing ESG integration, and fintech-driven digital finance are unlocking new avenues for investment, infrastructure development, and entrepreneurship across the continent. We explore key global trends with significant implications. Private markets growth: With public markets slowing, private equity and venture capital have surged, favouring sectors like infrastructure, fintech,…

eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More The AI funding boom just rewrote the record books. In 2025, startups raised roughly $150 billion, setting a new high for venture capital investment. Data released on Dec. 28 confirms this marks the third consecutive year of record growth, surpassing the 2021 peak by $92 billion and representing a 63% increase over an already historic market. But the most striking shift isn’t just the headline number. AI companies now account for nearly 50% of all global startup funding,…

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e-Hailing drivers operating on the inDrive platform have accused the company of charging them twice for Value Added Tax (VAT). According to the drivers who shared their trip narration with Technext, on January 1, they discovered that the company included a 7.5 per cent VAT as part of the deductibles on a trip. Then another 7.5 per cent VAT on their commission was deducted, a situation which amounted to double taxation. According to the drivers, “Immediately we entered into the new year, on the first trip I took, I was wondering why I was paying so much as commission to…

Summary Use OpenZIM/Kiwix to archive and browse entire websites offline via .zim files. Use Zimit (web or Docker) to ‘print’ sites into ZIMs; Docker runs local, faster, multiple jobs. OpenZIM offers ready ZIMs (Wikipedia, Gutenberg) plus tools to build offline copies of any site. When trying to save a website for offline use, your first instinct might be to hit the ‘save webpage’ button in your browser. That works great, but only for single web pages. If you try to save the entire website, you’ll have to open every single webpage, save it manually, and then (when you need to…

The Liberty Party (LP) has closed the year 2025 renewed, united, and strategically repositioned, with its National Chairperson, Representative Rugie Yatu Barry, declaring the Party firmly set on consolidation, expansion, and preparation for the 2029 general elections. In a comprehensive New Year message delivered on behalf of the Party’s leadership, Barry extended warm greetings to partisans, supporters, and Liberians at home and across the diaspora, describing 2025 as a defining chapter in the Liberty Party’s political journey–marked by reconciliation, institutional reform, and a renewed commitment to democratic principles. She credited much of the Party’s progress to the leadership of Senator…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Helios Investment Partners has completed the sale of its 75% stake in Axxela, the Nigerian natural gas distribution infrastructure company, to BlueCore.Alongside the transaction, Sojitz Corporation, the Tokyo-listed conglomerate, exercised its tag-along rights to sell its 25% interest in the company.BlueCore is a strategic alliance formed to accelerate gas and power development across Nigeria and the wider west African region. The consortium comprises Afrigaz Energie (a portfolio company of the Stanbic IBTC Infrastructure Growth Fund), Levene Energy Development, emPERSAND, and energy&.Commenting on the transaction,…

At least six passengers have died and four others rescued following a boat mishap along the Nigerdock axis of the Igbologun water channel in Lagos. The incident occurred, Tuesday evening, at approximately 8:35 pm involving a Savvy Marine passenger boat en route Ilashe Beach House. Rescue operations were ongoing at press time to locate any other victims. The Lagos State Waterways Authority (LASWA) and National Inland Waterways Authority (NIWA) confirmed the incident in a joint statement signed by NIWA Head of Public Affairs, Wuraola Alake, and LASWA Head of Corporate Affairs, Omowunmi Yussuff. Upon receiving a distress alert, both agencies…

In brief In 2025, President Trump pardoned Ross Ulbricht, as well as BitMEX’s and Binance’s founders, respectively. The clemency fulfilled part of his 2024 campaign promise to end what he called the “war on crypto.” Critics allege political favoritism and ties between the pardons and Trump family ventures. Donald Trump used his pardon power to reshape the federal approach to crypto enforcement in 2025, clearing several of the most high-profile defendants the industry has had to date. The moves signaled a political shift in Washington and raised questions about how the United States would police digital assets during Trump’s second…