Author: Elan
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In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying “Noah Doe” lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to…
Africa is rapidly accelerating its adoption of artificial intelligence, yet a quiet geopolitical battle is unfolding over where the physical brains of this revolution will reside. The continent faces a stark choice: build sovereign compute infrastructure or accept a new era of digital dependency wrapped in convenience. While global technology giants firmly plant their data centres in established hubs like Cape Town, nations like Mozambique are aggressively pushing back against the narrative that they should merely consume foreign models. On the sidelines of GITEX Nigeria, Professor Lourino Chemane, President of the Board of Directors of the National Institute of Information…
Whenever my Windows laptop starts lagging or an app freezes, my immediate instinct is to open Task Manager. I know I’m not alone. Task Manager has been a core Windows staple for decades. It gives you a quick snapshot of system resources, lets you force-close unresponsive apps, and manages startup programs. But Microsoft actually maintains a second “Task Manager” that does all of that — and much more — for free. In fact, it’s been available for nearly 25 years. It’s called Process Explorer, and once you start using it, standard Task Manager quickly begins to feel lightweight by comparison.…
** For the best experience, download the free Africa Private Equity News app Android | iOS **CDG Invest Growth, through its Capmezzanine V fund, has acquired a minority stake in Innoflex Group, a manufacturer and distributor of foam and mattress products in Morocco.Founded by Mohamed El Yacoubi, Innoflex Group has developed into an established player in its sector. The group currently employs approximately 450 people and operates two industrial facilities in Morocco.The investment will support Innoflex Group’s next phase of development. This will include strengthening its industrial capacity and supporting its medium- and long-term growth.The transaction was completed in June…
— As Ex-VP Remains Behind Bars The detention of former Vice President Jewel Howard-Taylor has triggered sharply divided reactions in Bong County, where residents and political actors are debating whether the former county senator is being fairly treated or should face the judicial process like any other person accused of a crime. Howard-Taylor is being held at the Monrovia Central Prison while facing drug-related and other criminal charges brought against her by the Liberian government. Follow us on WhatsApp | LinkedIn for the latest headlines Her detention comes amid an ongoing investigation into alleged transnational drug trafficking following major cocaine…
Applications are open until September 30, 2026. The inaugural cohort of 10 African AI startups will be revealed on stage at Moonshot by TechCabal in Lagos on October 28–29, 2026, where the six-week program kicks off, running through December 4. Lagos, August 31, 2026. Askya Investment Partners, an African venture capital firm, announced the launch of the Askya AI Growth Platform, a pan-African program to scale African artificial intelligence startups into enduring, continental-scale enterprises. In partnership with Magna Collective, the program is free for startups and takes no equity. Companies selected for the cohort will be eligible for up to…
Africa’s industrial moment is not waiting for more money. It is waiting for the right kind — structured correctly, sequenced intelligently, and aimed at the right stage of a project’s life. Afreximbank’s Oluranti Doherty on why the continent’s financing problem is really a coordination problem. Why this series exists Our new editorial initiative seeks to unearth an answer to a question that most development institutions have debated but few have answered: why does a continent that grows the world’s finest cotton wear clothes made somewhere else — and what would it actually take to change that? The answer is not,…
Bitwise has given the market a rare look inside an institutional XRP carry trade.The Bitwise Crypto Carry Fund, or USCC, paired XRP held in custody with an almost equal short position in September Coinbase XRP futures. The structure was 97.48% matched by quantity, leaving limited exposure to a parallel move in XRP while positioning the fund to collect the premium between futures and spot.At 4 p.m. EDT on Sept. 1, Bitwise’s holdings table showed 10,781,438.36 XRP in custody and a displayed futures quantity of negative 10,510,000. The futures row carried a 14.57% implied-yield label.The disclosure supports a specific conclusion about…
In January 2016, Uber ran what the ride-hailing company called a cash experiment in Lagos where riders could pay drivers in naira notes. Lagos was the third African city to try it, after Nairobi and Cairo, and Nairobi had been only the second city anywhere in the world to test cash on the platform. Uber’s then Sub-Saharan Africa general manager, Alon Lits, told Quartz at the time that Nairobi’s business tripled during the pilot and that African innovations had shaped the company’s global operations. Cash payments eventually became standard across Uber’s markets globally. A decade later, on Wednesday, September 2,…