Author: Elan

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A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24.In…

A video of Guaranty Trust Holding Company (GTCO) CEO Segun Agbaje challenging Nigeria’s biggest fintechs to publish their financial results has resurfaced online, reigniting a debate about transparency and profitability in Nigeria’s digital payments industry. The remarks were made during GTCO’s Facts Behind the Offer presentation in 2024, but the clip has been circulating widely in recent weeks, drawing fresh attention to a challenge that remains as relevant today as when it was first issued. “I challenge other fintechs to publish their results,” Agbaje said in the video. “Most of them, you don’t even know their results. We publish every…

The strongest visual concepts don’t start in Figma. They start with the right questions. Explore the pre-concept phase of brand identity design, where teams research brand context, uncover hidden assumptions with stakeholders, and turn shared direction into a visual foundation before a single concept is created.When a branding project fails, it usually happens long before the logo stage: in the strategy phase, when words like “modern,” “trustworthy,” “premium,” “friendly,” and “disruptive” are left undefined. The result is a gap between what the brand is supposed to communicate and what the designer is expected to create. This is the space I…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Africa Finance Corporation (AFC) has announced the financial close of the $753 million Lobito Corridor Railway project in Angola.AFC and Eaglestone acted as co-financial advisors, structuring financing for Lobito Atlantic Railway (LAR), a joint venture between Mota-Engil and Trafigura. The funding package includes $553 million from the US International Development Finance Corporation and $200 million from the Development Bank of Southern Africa. The capital will fund the upgrade and long-term operation of the 1,300km rail corridor connecting Angola’s Port of Lobito to the Democratic…

IN SHORT: Graphics quoting former Kenyan president Uhuru Kenyatta as endorsing Edwin Sifuna for the presidency in 2027 are getting attention on social media. However, there is no evidence that Kenyatta has done so. Former Kenyan president Uhuru Kenyatta has endorsed opposition politician Edwin Sifuna for the presidency, according to a quote circulating on social media. The quote, in Kiswahili, reads: “Tamaa ya marehemu rafiki yangu Raila Odinga ilikuwa kuwa Rais. Lakini haikutimia. Mimi nitahakikisha ndoto yake inatimia kwa kumfanya Edwin Sifuna kuwa Rais. Hiyo itatokea mwaka ujao. Edwin Sifuna lazima awe Rais, akiwa na Fred Matiang’i kama Naibu wake.”…

Funda ngesiZuluBy Anita Dangazele Police and soldiers arrested more than 70 suspects, including seven women, during a raid at Bundu Inn in Mohlakeng. Officers seized more than 20 generators and over 100 bags of gold-bearing material, and the operation was still under way. More than 70 suspects, including seven women, were arrested during a raid at Bundu Inn in Mohlakeng, West Rand, on Friday, 10 July. Police and soldiers, working together under Operation Prosper, impounded two vehicles, seized more than 20 generators, and confiscated over 100 bags of gold-bearing material. Police say the operation was still under way and the…

The Pan-African Payment and Settlement System (PAPSS) has added its most significant member yet. The Bank of Central African States (BEAC), the regional central bank serving six countries in Central Africa, officially joined the network today, bringing the number of African countries connected via PAPSS to 28. The move is more consequential than most central bank announcements. BEAC is one of only two regional central banks on the African continent, meaning that when it joins a payment network, it does not represent a single country. It represents six: Cameroon, the Central African Republic, the Republic of Congo, Gabon, Equatorial Guinea,…

Salam, Victoria from Techpoint here, Here’s what I’ve got for you today: PwC begins sale of KOKO Network’s assets Canal+ faces fresh allegations over MultiChoice restructuring Djamo wants $40 million in Series C to conquer Francophone Africa PwC begins sale of KOKO Network’s assets Koko Networks One of Kenya’s biggest climate tech success stories is officially looking for a new owner. KOKO Networks, the clean cooking startup that once supplied bioethanol to more than 1.5 million households, has put its business up for sale after collapsing earlier this year. PricewaterhouseCoopers (PwC), acting as administrator and liquidator, has invited potential buyers…

Joe Maring / Android AuthorityTL;DR Google TV Streamer (4K) owners say that they’re having trouble keeping their remotes connected. Some users claim the issue was caused by a bug in a recent firmware update, while others say it’s a hardware problem. Removing the batteries and putting them back in appears to reconnect the device. Recently, Chromecast with Google TV users have been dealing with an annoying problem causing their remotes to disconnect. Interestingly, a number of Google TV Streamer (4K) users are now experiencing a similar issue. And it’s unclear whether the problem is a software bug or a hardware…