Author: Elan
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $38 per month Join now for $435 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and the investment firms and executives involved Portfolio company news that impacts value and stakeholder participation Job moves and partnerships between leading market participants Exclusive access to Africa Capital Digest’s full content archive If you’d like more information on exceptional value group subscriptions for your colleagues…
In brief Eightco shares are rising after the firm announced a new $125 million fundraise from BitMine and Ark Invest. The firm previously raised $20 million from BitMine and created a Worldcoin treasury. Eightco aims to expand its reach into AI, blockchain, and digital consumer products, having completed investments in OpenAI and Beast Industries. Shares in publicly traded blockchain and artificial intelligence firm Eightco (ORBS) are up more than 15% Thursday following news that the firm has raised $125 million to continue its expansion into AI and blockchain. The firm earned commitments of $75 million from leading Ethereum treasury firm BitMine…
In much of Africa’s startup ecosystem, user growth is still treated as the clearest signal of product market fit. Teams are constantly checking dashboards and celebrating downloads, sign-ups, and onboarding completion. But when we recently engaged 500 women across eight West African countries, what emerged was a more complicated story. It suggests many products may be overestimating what adoption actually means. Women have historically lagged behind in digital adoption. But across West Africa, that gap is narrowing faster than many product assumptions reflect. More and more women are coming online, and their motivation for doing so is increasingly clear and…
For years, developers have been hacking around the limitations of border-radius, using clip-path, SVG masks, and fragile workarounds just to get anything other than round corners. The new corner-shape property finally changes that, opening the door to beveled, scooped, and squircle corners.When I first started building websites, rounded corners required five background images, one for each corner, one for the body, and a prayer that the client wouldn’t ask for a different radius. Then the border-radius property landed, and the entire web collectively sighed with relief. That was over fifteen years ago, and honestly, we’ve been riding that same wave…
The Ad Hoc Committee investigating allegations made by KwaZulu-Natal Provincial Commissioner, Lieutenant General (Lt Gen) Nhlanhla Mkhwanazi, yesterday heard from retired Lt Gen Francinah Vuma that she received threats to her life. In her evidence, Lt Gen Vuma also told the committee that there had been several burglaries at her house. Lt Gen Vuma, the former Deputy National Commissioner for Support Services, provided a detailed account of her tenure, her 2022 suspension and the internal dynamics that have recently thrust the SAPS into the spotlight in the country. Her testimony sought to provide context to the explosive allegations of political…
Why most African startups fail before product-market fit | TheCable error: Content is protected from copying.
Nairobi — French investors are increasingly targeting Kenya’s digital economy and creative industries as the two countries deepen trade ties. Speaking during the launch of the Doing Business in Kenya 2026 guide, Trade and Industry Principal Secretary Regina Ombam said Kenya’s youthful population is driving growth in digital trade and services. “The biggest trade benefit that Kenya is likely to gain in the coming years will come from digital trade and services,” she said. French Ambassador to Kenya Arnaud Suquet said French startups are partnering with Kenyan innovators in areas such as digital innovation and artificial intelligence. About 140 French…
An Oil Scare Near Hormuz Showed How Fast Bitcoin Reverts to a Risk TradeWhile Bitcoin has rebounded and held above $70,000 over the last 48 hours, the acute phase of the latest oil shock showed the market’s first instinct: sell crypto when inflation fear rises, and the path to easier money gets harder.Still, why does the price of oil even matter for Bitcoin? Few Bitcoin miners use oil to power machines, so shouldn’t Bitcoin be detached from energy volatility?Well, on March 9, Bitcoin fell to a seven-day low as Brent crude surged and traders cut exposure across risk assets.You see,…
The National Information Technology Development Agency (NITDA), the country’s tech regulator, through its subsidiary, the Office for Nigerian Digital Innovation (ONDI), has partnered with the Japan International Cooperation Agency to open applications for the fifth cohort of the iHatch Startup Incubation Programme. The iHatch programme is seeking 37 innovation hubs, one from each of Nigeria’s 36 states and the Federal Capital Territory (FCT), to serve as state-level hub managers to implement incubation programmes across the country. “Nigeria’s startup ecosystem has grown rapidly over the past decade, but access to structured support remains uneven outside major tech clusters,” said Victoria Fabunmi,…
Edgar Cervantes / Android AuthorityTL;DR Some Hisense TV owners report seeing ads when switching HDMI inputs, turning on the TV, or changing channels. The complaints appear to span an extended time period and several countries. Hisense says the ads were part of a temporary advertising test in Spain that has now ended. Ads might be a fact of life these days, and won’t come as much of a surprise if you’re watching a free streaming service. That doesn’t make them any less annoying, like YouTube’s new unskippable TV ads, which are pushing viewers’ patience. But some owners of Hisense TVs…