Author: Elan
PiggyVest has recently launched a revamped app along with exciting new features, including Kids Accounts, Joint Accounts, and PiggyVest Business. This move signals the fintech company’s intention to grow beyond its original focus on savings. The company made the announcements during OpenHouse 2026, a vibrant community event held at the National Theatre in Lagos on September 26. At this annual gathering, PiggyVest showcased updates to its existing PocketApp and Investify platforms, while also giving attendees a sneak peek at the new offerings. OpenHouse serves as an important platform for PiggyVest, bringing together users, founders, partners, and key players in the…
Megan Ellis / Android AuthorityAdd Android Authority on Google: Nowadays, you can’t avoid phones that boast AI features. Smartphone launches are becoming more AI-centric; hardware frequently takes a back seat, and each brand has its own flavor of AI assistant. Nowhere is this more apparent than when phones come with dedicated AI buttons.My phone’s AI button was its least attractive feature. However, when I realized I could program it to perform a range of non-AI tasks, it became the button I use most on my device. Do you use your phone’s AI button?85 votesYes.14%No.44%My phone doesn’t have an AI button.42%My…
FSD Africa leaders and partners launch the Making Financial Markets Work for Africa report at the third Sustainable Capital Markets Conference in Nairobi. From left: Mark Napier, Hikmet Abdalla, Jemima Gathumi, Dr Evans Osano and Greta Bull. Photo credit: FSD Africa. Africa holds vast pools of domestic financial assets, but only a small share reaches infrastructure and productive businesses. New case studies show that the missing link is not money alone, but investable structures, credible risk allocation and functioning markets. Africa’s development-finance debate is increasingly being reframed. The continent is still short of infrastructure, long-term business finance and climate-resilience investment,…
Kenyan supermarket chain Quickmart, majority owned by pan-African private equity firm Adenia Partners, plans to list on the Nairobi Securities Exchange.Here are summaries of the most widely read stories from the past week on Africa Private Equity News.1. Adenia-backed Quickmart plans Nairobi Securities Exchange listingKenyan retailer Quickmart, a portfolio company of Adenia Partners, has announced its intention to list its shares on the Main Investment Market Segment of the Nairobi Securities Exchange. Read the full articleA MESSAGE FROM OUR SUPPORTERS[PwC] Buy-side readiness: Protecting value before the deal is doneIn a volatile deals market, successful acquirers are not simply those who…
“As African tech funding continues its recovery and investors become more selective rather than simply more active, IP diligence is likely to get more rigorous, not less.” African tech funding just had its strongest year since the 2022 peak. According to Partech Africa’s 2025 Africa Tech Venture Capital Report, startups across the continent raised a combined $4.1 billion in equity and debt (a 25% increase over 2024), with Kenya, South Africa, Egypt, and Nigeria together accounting for roughly seven in ten of those dollars. Debt financing hit a record $1.64 billion, and equity funding stabilized with real recovery at the…
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.
When the United States extended its $100,000 H-1B fee, experts predicted skilled foreign workers would simply pivot to alternative visas like the O-1 or student tracks. The reality? There was no workaround—just a systemic shutdown. In this episode of Digital Nomads, EMMANUEL NWOSU breaks down US State Department data revealing that non-immigrant visa issuances contracted by one million in just five months year-on-year, with H-1B entries plummeting 52%. For African talent, the door is slamming shut: continental visa entries were halved, while total US visas issued to Nigerians collapsed by an astounding 86.7%. In our last Digital Nomads edition, we…
Mojang has announced the Sift, the first new dimension for Minecraft in over 14 years, during its Minecraft LIVE September 2026 broadcast. The Sift will debut in the spin-off Minecraft Dungeons 2, which launches on September 29, and will come to Minecraft Java and Bedrock editions in 2027, according to Mojang. At the same gaming event, the studio also confirmed a Nintendo Switch 2 edition of Minecraft for October 27, 2026.The Sift joins the Overworld, the Nether, and the End as the fourth dimension players can reach in Minecraft. The Nether was added in 2010, which makes the Sift the…
Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in West African companies. He spoke to Africa Private Equity News editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor.Topics discussed during the interview include:The 30-year plan Ogunjimi drew up for his lifeWhy he left Goldman Sachs to build an investment bank in NigeriaLaunching the firm in the middle of a stock market crashWhat investing in Nigerian companies has taught himLessons from building and running a business
The lack of sophistication in our politics has led to judgment based on what one sees. Eyes alone are not enough. In politics, eyes may only see what has been decided. Stories on the eight o’clock news are a selection from the many collected. Someone decided which story is covered and which is ignored; what appears on the front page, and which picture accompanies it. Sophistication is needed, beyond descriptions of what is shown, especially when dealing with a nation’s politics. Africa in general, and Black people in particular, have for centuries suffered from approaches elevating description over explanation. More…