Author: Elan
Miners lead strong recovery in Africa’s Top 250 companies – African Business Miners lead strong recovery in Africa’s Top 250 companies – African Business
Kemet, a New York-based and Egyptian-founded crypto infrastructure startup, has partnered with Coinbase, the largest cryptocurrency firm in the United States, to simplify access to its derivatives products. The deal will enable institutional clients to access Coinbase’s four trading venues—Coinbase Exchange, Coinbase Derivatives Exchange, Coinbase International Exchange, and Deribit—through a single platform. As part of the deal, Kemet has also raised an undisclosed investment from Coinbase Ventures, the venture capital arm of the US firm. The move underscores the growing significance of crypto derivatives, as more local and international institutions push into the asset class. Africa’s largest cryptocurrency markets, including…
Nigeria has been identified as the most spammed country in Africa according to Truecaller. In 2025, 51% of all unknown calls received by Nigerians were classified as spam or fraud. This means that more than one out of every two unknown calls is not trustworthy. The findings come from Truecaller’s 2025 Spam and Fraud Report. Nigeria ranks eighth globally on the list, sitting ahead of South Africa, where 30% of unknown calls are spam, Kenya at around 15%, Ghana at around 11%, and Ethiopia at around 9%. Nigeria’s situation is different from other countries that receive a lot of spam…
What does it really take to build local-first web apps in 2026? A grounded, experience-driven perspective for developers who’ve been doing this long enough to be skeptical of silver bullets.Last October, I was sitting in a hotel room in Lisbon, the night before I was supposed to demo a project management tool my team had spent four months building. The hotel Wi-Fi was doing that thing where it connects but nothing actually loads. And I watched our app, this thing I was genuinely proud of, render a blank screen with a spinner. Then a timeout error. Then nothing.I pulled out…
Uniworld Boutique River Cruises has announced the appointment of Divan Viljoen as Sales and Marketing Manager for South Africa, reinforcing the brand’s commitment to growing its footprint in one of its most important emerging luxury travel markets. In his new role, Viljoen will lead the strategic positioning of Uniworld in South Africa, with a strong focus on driving awareness of the brand as the pinnacle of luxury river cruising. He will work closely with both trade and consumer audiences to expand market reach, while ensuring that travel partners are equipped with the tools, insights and support needed to deliver exceptional…
Accra, Ghana** For the best experience, download the free Africa Private Equity News app Android | iOS **The Africa Ecosystem Catalysts Facility, a $4 million pilot investment facility managed by Village Capital with funding from FMO and the Netherlands Enterprise Agency (RVO), has announced its first two investments in Ghana. The facility is deploying capital into Rivia Clinics, a tech-enabled primary healthcare startup, and VDL Fulfilment, an e-commerce logistics platform built for African SMEs.Village Capital is investing $200,000 in Rivia to support its growth. The platform connects SMEs and individuals to a network of branded and partner clinics, offering virtual…
Kenyan founders are increasingly looking beyond traditional venture capital avenues to secure funding in a tight macroeconomic climate. This outward push is clearly visible in the latest application numbers for the Latitude59 startup competition. The flagship Estonian tech event has recorded a massive spike in interest from the continent, with Kenya leading the charge.Out of 465 global applications from 53 countries, 70 African startups applied for the 2026 pitch competition. This is more than double the number of African applicants from last year. Kenya specifically stood out as the dominant force. Forty Kenyan startups submitted applications to pitch, up from…
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In brief Pennsylvania is suing Character.AI, alleging that the chatbot posed as a licensed psychiatrist using an invalid license number. The state says the chatbot presented fake medical credentials. The case adds to legal scrutiny of the platform, which already faces mounting lawsuits. Pennsylvania has filed a lawsuit against generative AI developer Character.AI, alleging the company allowed chatbots to present themselves as licensed medical professionals and provide misleading information to users.The action, announced Tuesday by Governor Josh Shapiro’s office, follows an investigation that found a chatbot claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number.…
Leading tech media organisation, Technext, has announced the maiden edition of its much-anticipated fintech event, Spotlight by Technext. Set to hold on May 14, the event will feature conversations around the theme: Bridging Trust, Liquidity and User Reality. Spotlight by Technext brings together 150 leaders in the Nigerian financial technology and insurtech industry into an exclusive space. Here, they would have honest and uncensored conversations about trust and the realities their users face. The rules are simple: Honesty over performance. There are no panels, no fireside chats, no regulated conversations, no pre-arranged questions. Just 150 leaders confronting uncomfortable truths, giving…