Author: Elan
After years of funding blockchain pilots, startup programmes and public-sector projects across Africa, Cardano, a global blockchain company that operates the cryptocurrency ADA with $5.45 billion in market cap, is turning its attention to a less visible question: who decides what gets built, funded, and prioritised across the ecosystem. Founded in 2017, Cardano built its presence in Africa through its startup programmes, digital identity projects, and government partnerships, including a widely publicised education credentials initiative in Ethiopia. Blockchain companies, as part of their distribution strategy, typically back developers and sometimes provide funding, such as grants, and resources to enable them…
LG Electronics has reaffirmed its commitment to advancing innovation and smart living across Africa by participating as a supporting sponsor at the Africa Technology Expo (ATE) 2026, where the company is showcasing its latest portfolio of premium consumer electronics and home appliance innovations. The two-day expo, themed around strengthening Africa’s enterprise technology ecosystem through collaboration and innovation, has brought together industry leaders, technology innovators, multinational companies, policymakers, and entrepreneurs to explore opportunities for cross-border partnerships and digital transformation across the continent. As one of the supporting sponsors of this year’s event, LG’s interactive exhibition booth has become a major attraction,…
A senior games buyer at a major retailer has warned that the supply of PlayStation 5 and Xbox Series X/S will not meet demand during the November launch of Grand Theft Auto 6.The buyer, speaking anonymously to The Game Business, said ongoing hardware component shortages will prevent retailers from receiving the consoles they ordered ahead of the release.Microsoft has also acknowledged supply issues with Xbox hardware. Xbox Chief Strategy Officer Matthew Ball confirmed that demand for the console exceeds supply and that production is facing severe constraints.What the Retailer Said and Microsoft’s Confirmation of Xbox Supply ConstraintsThe senior games buyer…
IMG Capital, through its fund IMG Fund I, has announced a minority investment in Morocco’s Avis Locafinance Group.** For the best experience, download the free Africa Private Equity News app Android | iOS **A MESSAGE FROM OUR SUPPORTERSStandard Bank leads $175m sustainable finance deal for Wilderness HoldingsStandard Bank has partnered with Wilderness Holdings Limited on a landmark $175 million syndicated sustainable financing deal, as sole mandated lead arranger, underwriter and sustainability co-ordinator. The transaction comprises a five-year senior secured funding package, including a $125 million term facility and a $50 million revolving credit facility. Read moreHere are summaries of the…
President Emmerson Mnangagwa has summoned the National Assembly to an extraordinary sitting on Tuesday, June 30, to consider the controversial Constitution of Zimbabwe Amendment (No. 3) Bill. The special sitting was announced in an Extraordinary Government Gazette published on Friday, June 26, under General Notice 1003 of 2026. According to the notice, the President exercised his powers under Section 110(2)(c) of the Constitution to recall Parliament. Follow us on WhatsApp | LinkedIn for the latest headlines “Pursuant to section 110(2)(c) of the Constitution of Zimbabwe, His Excellency the President, Dr E.D. Mnangagwa, has summoned the National Assembly to sit on…
Nairobi — The National Transport and Safety Authority (NTSA) has directed owners of motor vehicles older than four years from their recorded date of manufacture to book annual inspections from July 1, as part of a broader road safety compliance regime. In a public notice issued Friday, the Authority said inspections will be conducted at NTSA centres under the Traffic (Motor Vehicle Inspection) Rules, 2026, which come into force on July 1. “All motor vehicle owners with vehicles above four years from the recorded date of manufacture are therefore expected to book for annual inspection through the NTSA service portal…
In brief Stablecoin volume topped $28 trillion in 2025, beating Visa and Mastercard combined, yet founders and venture capital stay concentrated in the U.S. and Europe. The real demand is in emerging markets, where stablecoins are a financial lifeline: Nigeria has 26 million-plus crypto users, and Argentina’s stablecoin purchases top half of all exchange trades. Alex Witt, General Partner at Verda Ventures, argues the funds backing founders in Lagos, São Paulo, and Manila now will reap the biggest stablecoin returns of the next decade. Most assume the stablecoin opportunity is centered where the capital is, in New York, San Francisco,…
Mapletrite, a Canadian financial technology company specializing in cross-border payments and digital financial services, has officially been registered as a Payment Service Provider (PSP) by the Bank of Canada under the Retail Payment Activities Act (RPAA), The registration marks a significant milestone in Mapletrite’s growth journey and reinforces the company’s commitment to operating within Canada’s regulatory framework while maintaining high standards of compliance, security, consumer protection, and operational excellence. Founded with a mission to simplify global payments, Mapletrite enables individuals and businesses to send and receive money internationally through a secure, intuitive, and affordable digital platform. Today, the company serves…
I’ve got a dual-booting PC with both Windows 11 and EndeavourOS Linux on it, which puts me in the best position to compare benchmarks across operating systems. It’s the same machine, after all, with the same CPU, GPU, RAM, SSD, etc. The hardware variables disappear when benchmarking on Windows and Linux, and it’s as controlled a test as I can get. I’ve been dual-booting this MSI Cyborg 15 for a while now, though I do spend as much time as I can on the Linux side of things. I thought I had a reasonable sense of how the two OSes…
taking off Aircraft manufacturers are shifting their focus from struggling legacy flag carriers to a new wave of smaller, agile African airlines, driving growth in underserved regional markets. Gabriel Semelas, president for Airbus Africa and Middle East, at the Africa CEO Forum in Kigali, Rwanda, on 14 May 2026. © Gasana Gael/ACF for JAMG Published on June 26, 2026 at 13:50 pm (GMT +1) As legacy African airlines such as Kenya Airways (KQ) and South African Airways (SAA) face operational headwinds, aircraft manufacturers are pinning their long-term growth on a wave of smaller, agile carriers expanding across the continent.