Author: Elan

Mrs Mutfwang explained that the programme provides a business recapitalisation grant of N200,000 to beneficiaries living with disabilities in every state The Plateau State Government has launched a new phase of economic support for persons with disabilities under the Renewed Hope Initiative (RHI). Details of the event were shared in a statement posted on the state government’s verified Facebook page. Keep up with the latest headlines on WhatsApp | LinkedIn The programme was introduced in Jos by the First Lady of Nigeria and National Coordinator of the RHI, Oluremi Tinubu, as part of activities marking the International Day of Persons…

Stéphane Colin and Khaled Ben Jennet, partners at AfricInvest Europe** For the best experience, download the free Africa Private Equity News app Android | iOS **AfricInvest Europe has made an investment in Tecofi Group, a specialist in industrial valve design and manufacturing, via its Fonds Franco-Africain 2 (FFA II). The fund joins Tecofi’s long-standing financial partners, Bpifrance and Garibaldi Participations. As part of the transaction, the management team is also strengthening its ownership stake in the company.Founded in 1985, Tecofi designs and manufactures a wide range of industrial valves, primarily butterfly and knife-gate valves, along with taps and check valves…

Affiong Williams, CEO of Nigeria-based dried fruit snacks producer ReelFruit Interview with Affiong WilliamsFOUNDER, REELFRUIT Lives in: Lagos, Nigeria ReelFruit, founded by Affiong Williams, has grown from small beginnings to supplying both local retailers and overseas buyers. By the late 2010s, Affiong Williams was ready to pull the plug on her Nigerian dried fruit and snacks company, ReelFruit, which she had been building since 2012. It wasn’t because the business was failing – it had been growing year after year. But Williams was losing enthusiasm as she struggled to raise the capital needed to build a large-scale factory, the kind…

The Liberia Football Association (LFA) has taken a historic step in preserving and celebrating Liberia’s football legacy with the official establishment of the Review Panel for its inaugural Hall of Fame. The initiative aims to formally recognize and immortalize the outstanding contributions of individuals–both players and administrators–who have shaped the trajectory of Liberian football, both on and off the pitch. The LFA has announced a celebratory close to the year with two major events. The Inaugural Hall of Fame Ceremony is scheduled for December 23, 2025, followed by the 2024/25 Awards Night on December 27, 2025. Both events will be…

In an industry that thrives on noise and chaos, Cardano is betting its future on a “quiet” hard fork and improved coordination among its leading internal stakeholders.The blockchain network is preparing to execute a technical upgrade engineered to be virtually invisible to the market.Known as Protocol Version 11, the “no new era” hard fork is a deliberate departure from the spectacle-driven upgrades that have become the standard in the crypto sector. Instead of launching a new roadmap phase, developers are focusing on tightening the ledger and resolving operational risks.This technical “quiet reset” coincides with a sweeping organizational overhaul led by…

Presidential adviser Daniel Bwala has sparked controversy by claiming that terrorist groups operating in Nigeria remain untraceable because they use Starlink satellite internet and foreign mobile networks, an explanation that quickly unravelled under questioning during a live radio interview. The Special Adviser to the President on Policy Communication made the assertion while attempting to explain why criminals who brazenly display ransom proceeds on social media platforms continue to operate with apparent impunity. Starlink excuse fails under scrutiny Speaking on Nigeria Info’s Hard Facts programme with host Mimi Eyo, Bwala faced pointed questions about why security agencies can swiftly arrest frustrated…

Last week, I reported that ChatGPT and Copilot are removing their services from WhatsApp due to a change in Meta’s policy. That policy is now under scrutiny in the European Union. The European Commission has opened an antitrust investigation to find out if Meta’s rules are hurting the competition. In case you missed it, Meta has updated its terms and conditions, which forbids AI companies from using WhatsApp’s Business API to distribute their services. WhatsApp will allow businesses to use AI tools for providing support or ancillary functions like automated customer support, but third-party AI services are pretty much banned.…

Pilot framework aims to ease cross-border capital flows while retaining jobs and IP locally. A new regulatory initiative designed to unlock international investment for South African startups was unveiled at the SA Venture Capital and Private Equity Association’s (Savca) Venture Capital Conference. The framework introduces a regulatory sandbox to help qualifying startups raise offshore capital while keeping operations and intellectual property (IP) in South Africa. “The sandbox is designed to give startups a faster, legally compliant pathway to structure offshore IP while retaining jobs and headquarters locally,” said Safeera Mayet, Savca’s head of policy and regulatory affairs. The initiative is…

Chui Ventures, a Pan-African seed-stage venture capital fund with a gender-inclusive mandate, has announced the final close of its debut Fund I at $17.3 million, marking a major boost for early-stage founders across the continent. The fund aims to bridge critical startup financing gaps across Africa while actively promoting gender diversity within the venture ecosystem. With the final close now secured, Chui Ventures is positioned to accelerate its mission of supporting high-growth founders building scalable, tech-driven solutions for African markets. The fund has attracted commitments from a diverse base of Foundations, Family offices, and over 30 High-Net-Worth individuals, including…

Nigerian fuel king Femi Otedola takes on country’s power deficit – African Business Nigerian fuel king Femi Otedola takes on country’s power deficit – African Business