Author: Elan

By Phillip de Vos, Precinct Manager, Waterfall City South Africa’s urban landscape is changing rapidly. Mixed-use precincts are becoming increasingly important as places where people live, work, shop and socialise in close proximity. As these environments become denser and more interconnected, safety can no longer be treated as a separate consideration or delegated solely to perimeter security. It must be embedded into the design, management and operation of urban spaces from the outset. Late one afternoon, a woman stood alone at a bus stop in Waterfall City. A man approached and began asking questions that made her feel uncomfortable. Within…

Cairo, EgyptHere are summaries of the most widely read stories from the past week on Africa Private Equity News.1. SPE Capital, Tanmiya Capital Ventures and others exit Egypt’s TamweelyA consortium comprising SPE Capital, Tanmiya Capital Ventures, the European Bank for Reconstruction and Development and British International Investment has agreed to sell Tamweely to e-Finance for Digital and Financial Investments. Tamweely is an Egypt-based non-bank financial services company that provides financing and related services to micro, small and medium-sized enterprises. Read the full articleA MESSAGE FROM OUR SUPPORTERSITL: Strengthening our Japan presence with new appointmentsAs Japanese investors and corporations increasingly turn…

Moove, a Nigerian-born mobility company, has joined Africa’s growing list of unicorns after raising $250 million in a Series C funding round that valued the company at $2.1 billion. The funding round, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific, marks a significant increase from Moove’s last disclosed valuation of $750 million in 2024. According to Africa: The Big Deal, Moove’s new valuation places it among the three most valuable African private technology companies with recently disclosed valuations, behind fintech companies, Flutterwave at $3.2 billion and OPay at $3.1 billion. Founded in…

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President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year.According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, Ripple, Chainlink, Kalshi and Paradigm, along with representatives from the Digital Chamber. Executives from Kraken, Gemini, the New York Stock Exchange and Nasdaq have also been invited.Trump and Commodity Futures Trading Commission (CFTC) Chair Michael Selig are among those expected to participate, while Securities and Exchange…

In 2026, South Africa has taken a harder stance against undocumented immigration, stepping up workplace inspections and putting greater pressure on employers who hire foreign nationals without valid work authorisation.  On May 21, Home Affairs Minister Leon Schreiber told Parliament that 8,180 employers had been charged over the previous five years for employing foreign nationals without valid work permits. “Enforcement measures implemented to strengthen compliance with immigration laws include interventions and disruptions through inspections that are intelligence-driven, as well as rapid responses [to] reported incidents that require operations/inspections,” Schreiber said in response to a parliament question from Mnqobi Msezane.  He…

It can be tricky to get your head around the concept of an “immutable” operating system; if you don’t care too much for nuance, you can think of it as simply more secure and more stable. The differences may be an unnecessary extra step if you’re moving from Windows to Linux for the first time, but if you end up with an immutable OS, you’ll be gaining several advantages for a minimal learning curve. These distros can all help smooth the journey. NixOS The original system that pioneered a new approach Now over twenty years old, NixOS is possibly the…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Naran, a UAE-based mobility financing and fleet infrastructure platform, raised $10 million in equity and debt financing from investment firm Landel. The funds will support mobility fleet scaling in Colombia, Peru, Senegal, and Côte d’Ivoire, as well as the company’s entry into new markets, including the Middle East and North Africa, and the rollout of new fintech products. Founded in 2025 by Bayaskhalan Alexeev and Alexander Gubarev – both alumni of Yango, where they launched and scaled ride-hailing operations across Latin America and Africa…

There was a time when cotton was more than just another crop in Kenya. In parts of the country, it was white gold. Farmers planted it knowing that the harvest could pay school fees, put food on the table and keep money circulating in rural communities. Cooperatives provided a link between farmers and markets, ginneries kept workers employed and textile mills had a ready source of raw material. In Mpeketoni, Lamu County, David Njuguna, chairman of the Lake Kenyatta Cooperative Society, remembers those days vividly. He was born here and grew up watching his parents cultivate cotton on land they received in a settlement…

We highlight five entrepreneurs building businesses in West Africa across sectors ranging from retail and footwear manufacturing to fitness.1. Ghana: From side hustle to 16 stores – a retail entrepreneur’s storyIn 2012, Charles Antwi-Boahen was scraping by as a commission-only salesman at an air-conditioning company in Accra, often struggling to cover his own transport costs. Noticing that customers kept asking for split air conditioners – a product his employer didn’t sell – he cut a referral deal with local appliance distributor Electroland. That side hustle became Kab-Fam, an electronics and home appliance retailer that today operates 16 stores across Ghana.…