Author: Elan
** For the best experience, download the free Africa Private Equity News app Android | iOS **German development financier DEG has disclosed an investment of $50 million in African Development Partners IV, the fourth private equity fund managed by Development Partners International.The fund provides growth capital to mid-size companies across Africa in diverse industries such as healthcare, education, FMCG, retail, financial services, transport and logistics. Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now
Seven people died and dozens sustained injuries in separate road accidents yesterday when a commercial bus travelling from Techiman to Kumasi collided with a broken-down cement trailer near Samproso and Awisam on the Offinso-Abofuor highway in the Ashanti Region. Eyewitnesses said the trailer, with registration number GT 5509-20, lost ignition while attempting to join the main road, leaving the bus, GN 5326-22, no chance to swerve, resulting in the collision. The impact destroyed the bus beyond recognition, killing seven passengers and leaving dozens in critical condition. Survivors were rushed to the Offinso Saint Patrick Hospital, as police secured the accident…
Bitcoin (BTC) fell 2.30% on Wednesday, hitting an intraday low near $91,550. BTC/USDT daily price chart. Source: TradingViewThe decline came despite bullish signals, including a whale-linked $280 million BTC accumulation move and MSCI’s decision to keep crypto treasury companies in its benchmark indexes. Source: XMSCI limits passive demand for Strategy’s sharesIn the Tuesday announcement, MSCI said it will no longer adjust index weightings to reflect newly issued shares. Source: MSCIPreviously, when companies like Strategy issued new equity to raise capital for Bitcoin purchases, passive funds tracking MSCI indexes were required to buy a portion of those shares, creating steady demand.…
Artificial intelligence has been the most popular technology conversation of 2025 and has remained so for the past three years. From fears of AI stealing jobs to debates over regulation and safety, AI has remained the topic of choice, making headlines and gracing the panel sessions at tech conferences. However, beneath the noise, one reality has remained constant: African hobbyists, enthusiasts, and entrepreneurs are harnessing the technology to build businesses and solve problems. From developer tools and customer support automation to creative software and enterprise infrastructure, AI has quietly moved from experimentation to execution. Across Africa, founders, developers, and solo…
There are many misconceptions about Linux, and some I’ve believed myself. Long ago, I stuck with Windows because I misjudged Linux. Now, I wish to clear up some misunderstandings; here are 6 things that people often get wrong. It’s for technical people Long ago, beginners required considerable technical confidence to take the plunge. For many, it was tough to slog through an unfamiliar system for months, only to reach the starting line. Those days are gone now, and unless you seek a minimalist system, a beginner-friendly installation process awaits you instead. In fact, some distros specifically accommodate beginners, providing a…
…Energy, fintech lead charge A dramatic rise in mega-funding rounds powered African startups to raise $3.2 billion in 2025, delivering a 40 percent year-over-year increase and a decisive rebound from two consecutive years of contraction, according to comprehensive data from Africa: The Big Deal. The surge reversed declines of 35 percent in 2023 and 25 percent in 2024, pushing total fundraising above levels seen in either of those years and signaling a return of investor appetite for the continent’s tech sector. At the heart of the recovery was a 73 percent jump in deals exceeding $10 million: 69 startups closed…
Cheaper smartphones can close Africa’s digital divide, says GSMA – African Business Cheaper smartphones can close Africa’s digital divide, says GSMA – African Business
After a turbulent end to 2025, the cryptocurrency market has begun 2026 on a brighter note. In the first six days of the year, the market’s total capitalisation rose by about $250 billion, led by Bitcoin. The flagship coin climbed to a seven-week high, closing in on the psychological $95,000 level.This rebound represents a clear shift in sentiment. Just weeks ago, many investors were defensive amid fading momentum and macro uncertainty. Now optimism has returned as prices stabilise and liquidity flows back into digital assets.Market data underline the change. Total crypto market cap has moved up to roughly $3.1 trillion,…
Nigeria sits at the centre of West Africa’s international connectivity, with eight high-capacity submarine cables landing on its shores. Systems such as WACS, MainOne, Glo-1, Africa Coast to Europe, SAT-3/WASC, NCSCS, Google’s Equiano and Meta-backed 2Africa together provide an estimated combined capacity of more than 360 terabits per second, dramatically expanding Nigeria’s access to global bandwidth and reducing the cost of bringing data into the country. Yet a striking paradox remains: distributing that capacity within Nigeria—from coastal landing points to homes, businesses and communities inland—is still far more expensive, complex and unpredictable. This gap between abundant international capacity and costly…
Whether 2026 has already begun as you’re reading this or you’re still waiting for the big countdown to start, how about some new wallpapers to get your desktop ready for the new year? We’ve got you covered.A new year is the perfect opportunity to break free from routines, reset habits, and refine how you do things. And while you may have made plenty of New Year’s resolutions, sometimes it’s the small changes that work wonders — a tidy desktop and a new wallpaper, for example, that give you a little motivation boost when you need it.In this post, you’ll find…