Author: Elan

EBID welcomes AfDB as its first institutional shareholder – African Business EBID welcomes AfDB as its first institutional shareholder – African Business

Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.Key takeaways:Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021.Altcoin capital is increasingly getting concentrated in fewer projects, delaying the altseason.Bitcoin-to-altcoin rotation trend has “basically disappeared”The old altseason trade is no longer working the way it did in previous bull cycles, according to Ki Young Ju, CEO of CryptoQuant.In a Saturday post, Ju said the Bitcoin-to-altcoin rotation trend has “basically disappeared,” citing CryptoQuant data showing BTC-pair altcoin trading volume has collapsed…

A new Galaxy Watch Ultra is on the way, and the early signs point to one of the biggest upgrades the Ultra line has seen. Samsung has refreshed its own health app, and Qualcomm has detailed a new chip built for the next Galaxy Watch. Regulatory filings add to the picture too, even though Samsung has stayed quiet about the name. This guide separates what is confirmed from the leak, so you know what to trust. It covers the expected launch date, pricing, key features and upgrades, and how the device compares with the current Galaxy Watch Ultra. Has Samsung…

In a world where AI is informing more design choices, it’s easy to mistake predictions for certainties. This article introduces Probabilistic Design, a mindset that allows UX and product teams to accept uncertainty, decipher AI outputs with nuance, and make smart, adaptive decisions.In 2024, an Air Canada customer asked a chatbot about bereavement fares. The bot confidently gave him a refund policy that didn’t exist. The airline refused to honor it. A tribunal ruled in the customer’s favor. The bot hadn’t decided anything; it had predicted an answer based on patterns in its training data. The company treated that prediction…

By Inamangwe Mtumtum, Senior Integrated Strategist at Boomtown There is a strange performance built into strategy. We walk into boardrooms, project slide decks onto screens, clear our throats and speak in the language of confidence: “The consumer wants … the market is moving … the opportunity is clear … the brand must. We’re paid to make ambiguity sound elegant; to turn collective panic into commercial pillars. To look at a country that feels like it is being held together by debit orders, WhatsApp prayers and mid-month calculations and somehow produce a seamless way forward. But what happens when reality refuses…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Convergence Partners Energy Finance (CPEF) has entered into indicative terms for a proposed $20 million investment into Anzana Electric Group, a developer, investor, and operator of hydropower and grid distribution projects across Africa.CPEF is a structured capital vehicle within the Convergence Partners group, borne out of an acknowledgment that energy and digital infrastructure increasingly require simultaneous development.The proposed facility would fund near-term M&A and project development, with capital weighted toward operating and brownfield assets in Anzana’s core markets including the Lobito Corridor. It is…

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Nigeria’s fast-rising youth culture and innovation community, The Gathering on 100, is heading to Enugu, with registration now open for gamers, performers, DJs, creatives, and culture enthusiasts. The Enugu edition will take place on June 19, 2026, at ICC Hall, Okpara Square. It will bring together a new audience for the platform’s signature blend of music, gaming, live performance, community engagement, and youth-driven entertainment. The Gathering on 100 first gained national attention in Lagos, where it transformed the National Stadium, Surulere, into a continuous 100-hour ecosystem of activity from April 22 to 26, 2026. The event combined culture, commerce, entrepreneurship,…

The Founder and CEO of Carbon AI, Debola Ibiyode, has unpacked the immense economic, environmental, and employment opportunities that lie at the intersection of climate technology and Artificial Intelligence (AI). Ibiyode, who unpacked this when she appeared on TVC’s flagship morning show, Wake Up Nigeria, demystified the global carbon market, redefining it not just as an environmental rescue mission, but as a multi-billion-dollar economic engine capable of driving massive job creation across Nigeria and the globe. Addressing widespread misconceptions about climate initiatives, Ibiyode pointed out that pushback against green energy often stems from economic anxieties rather than environmental disagreement, stressing…

TL;DR ETOE has announced it is launching the Dolphin 2 in the US and select European markets. This projector offers certified Google TV, a 54Wh built-in battery, 800 lumens, and native 1080p resolution with 4K decoding. Pre-orders are open, with early bird pricing ending on June 28. Projectors come in all shapes and sizes, especially the ones that are designed to be portable. If you’re on the hunt for something you can plop down anywhere, ETOE (Eazy to Enjoy) has a new offering. The company is launching the second generation of its Dolphin projector.Today, ETOE announced the pre-sale launch of…