Author: Elan

Affiong Williams, CEO of Nigeria-based dried fruit snacks producer ReelFruit This article is an excerpt from our latest book ‘How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit‘ Affiong Williams, founder and CEO of Nigerian dried fruit and snacks company ReelFruit, has long viewed international markets as a major opportunity for her business. With the opening of its new factory and greater production capacity, that ambition has begun to materialise. The company has signed agreements with two distributors in Europe and a large retail group in the US, along with other export deals. In…

From listening to action – African Business From listening to action – African Business

US spot crypto ETFs have attracted more than $70 billion in net inflows since January 2024, making traditional financial investment vehicles the primary entry point for new money into the emerging industry.That surge, driven by products linked to Bitcoin, Ethereum, and more recently Solana and XRP, has validated the industry’s view that many investors will buy crypto only through regulated structures they already use for stocks and bonds.Notably, Schwab Asset Management recently found that 45% of ETF investors plan to purchase crypto ETFs, a figure that now ties with interest in bond ETFs.Schwabs ETF Survey (Source: Eric Balchunas)However, with the…

For most Nigerian content creators, staying online is often the easiest part of the job. The real struggle happens in the background: creators wrestle with erratic data connections and the daunting task of tailoring global technology to a local audience. For years, the solution was simply to work harder, but in 2025, the game changed. This year, artificial intelligence (AI) moved from a playground for the curious to the engine room for the productive.  With limited infrastructure, rising data costs, and intense competition for attention, efficiency is no longer optional but essential to survival and growth. AI offers creators practical…

If you told me last year that one of my favorite tech decisions would involve removing something from my phone, I would have laughed. Yet here I am, proudly declaring that buying an eSIM-only iPhone 17 Pro was the best choice I made this year. No tray, no ejector tool, and no tiny piece of plastic to worry about. I’ll be honest. I’ve always looked at the removal of the SIM tray as a downgrade, but having switched to an eSIM-only phone, I can see why it’s the future. It simplifies hardware, makes room for a bigger battery, improves durability,…

Lagos, Nigeria** For the best experience, download the free Africa Private Equity News app Android | iOS **The International Finance Corporation has disclosed a proposed investment of up to $15 million in the CCA Growth Fund II, managed by CardinalStone Capital Advisers.The generalist fund will make equity investments in SMEs across Nigeria and Ghana, as well as opportunistically in Francophone West Africa. It targets a diverse range of sectors, including consumer goods, industrials, healthcare, agribusiness, and financial services. Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database…

By Christopher O. H. Williams, business transformation consultant, and author of C.O.U.R.A.G.E.   “Courage is not the absence of fear, but rather the assessment that something else is more important than fear.”  — Franklin Delano Roosevelt   In the late afternoon of March 16, 2020, I went for a short walk around the grounds of African Leadership College in Mauritius, the maiden campus of African Leadership University. This was my favorite time of the day when at school — the students were the most relaxed, having finished classes and ready to enjoy dinner.  It was a perfect scene—Africa’s bright future…

Africa’s fintech sector continues to grow at a rapid pace. A young, mobile-first population and evolving financial regulations are fueling the rise of digital financial services. From mobile money platforms in Kenya to payment processors in Nigeria and Zambia, fintechs are gaining traction. However, expansion across African markets presents legal, regulatory, and operational challenges that funding alone cannot address. Some investors are bridging this gap. Firms like Velex Investments are combining financial capital with legal and operational expertise to help fintechs scale efficiently and avoid costly setbacks. This model is proving essential as fintech companies aim to grow beyond their…

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Ether (ETH) has retraced 42% from its all-time high of $4,950 with traders wondering where the altcoin was likely to bottom out next.Key takeaways:Ethereum traders see ETH price dropping to $2,100 if support at $2,800 fails.Persistent Ether ETF outlaws and less treasury buying introduce more risks for bulls. Analysis: 25% ETH price drop possibleData from Cointelegraph Markets Pro and TradingView showed that the ETH/USD pair has dropped back below $3,000.Commenting on the latest price action, analyst and trader Daan Crypto Trades said that although this cycle has not been what ETH investors anticipated, Ether’s “market structure and the Ethereum ecosystem have…