Author: Elan
WrappedCBDC set out to fix how Nigerians move money with a naira-backed stablecoin. After 11 months and 1 billion tokens issued since its launch, the company is now trying to prove that a digital currency backed by a “volatile” naira can earn real trust and serve as a rail for easing naira movement. Compliant Naira (cNGN), the stablecoin backed by the local currency, was first listed on the provisionally licenced Nigerian cryptocurrency exchange, Busha, on February 3, 2025, but the vision to democratise access to digital naira was two years in the making. WrappedCBDC, the issuer of the local stablecoin…
Hello! Welcome back to Francophone Weekly by TechCabal, your weekly deep dive into the tech ecosystem across French-speaking Africa. Previous editions have been published on the web, but email versions of the newsletter will land directly in your inbox every Tuesday at noon. By default, this newsletter is in French—but don’t worry, you can click the button below to switch to the English version. Avant de nous plonger dans la newsletter d’aujourd’hui, nous aimerions connaître votre avis. Préférez-vous recevoir les e-mails de Francophone Weekly en anglais ou en français ? Répondez à notre rapide sondage ici. Votre opinion compte. Aidez-nous…
TL;DR The Moto G Power 2026 looks familiar but tweaks the right areas to stay competitive under $300. Battery capacity is rising to 5,200mAh with 30W TurboPower charging, and Motorola claims up to 49 hours of usage per charge. The phone features a Dimensity 6300 chip, stereo speakers, and support for Dolby Atmos. Buying a budget phone often means making trade-offs. You might get a great screen but a weak battery, or a sturdy phone that takes poor photos. For the past few years, Motorola has tried to solve this problem with its G Power series, and now it looks…
** For the best experience, download the free Africa Private Equity News app Android | iOS **A MESSAGE FROM OUR SUPPORTERSStandard Bank backs Safaricom’s expansion in EthiopiaStandard Bank has partnered with telecoms group Safaricom to provide funding of $138 million. Read moreHere are summaries of the five most widely read stories the past week on Africa Private Equity News.1. Helios in Morocco digital infrastructure dealHelios Investment Partners and Fipar-Holding, a subsidiary of CDG Invest, have announced the creation of 3MDC, a new digital infrastructure platform. This platform aims to accelerate Morocco’s digital transformation and strengthen its position as a regional…
Solar-Powered iLamps could generate US$1.26bn a year for Lagos-Calabar Project Nigeria’s long delayed Lagos-Calabar Coastal Highway is set to be rescued by thousands of AI-driven, solar-powered streetlights that turn it into a revenue-generating asset. British greentech firm Conflow Power Group, working in partnership with Nigerian infrastructure company Mora Energy, has announced a plan under discussion with the Nigerian Government to solve the highway’s financing crisis by providing thousands of iLamps – solar-powered streetlights that double as a distributed AI data centre. No external electricity supply is required, and every iLamp is packed with Nvidia AI processors, meaning that they provide significant…
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In brief Leading Bitcoin treasury firm Strategy bought $980 million worth of Bitcoin last week. It’s the second straight week that the company added nearly $1 billion in BTC. The company holds $60 billion in Bitcoin and its stock price has fallen 53% over the past six months. Strategy is back in the business of buying large tranches of Bitcoin, announcing a weekly purchase of nearly $1 billion worth of BTC for the second straight week.The publicly traded firm—formerly known as MicroStrategy—added 10,645 Bitcoin last week, according to an SEC filing, spending $980.3 million for an average price of $92,098…
Schneider Electric announces major shifts expected in the data center industry as artificial intelligence becomes fully integrated into enterprise operations. The company projects that 2026 will mark a significant acceleration in AI readiness, influencing how data centers are designed, built, and upgraded. Artificial intelligence has rapidly expanded across sectors since gaining mainstream attention in 2022. Schneider Electric notes that organizations are now moving from experimentation to large scale adoption, especially in areas such as manufacturing, finance, healthcare, and digital services. This growth is increasing the demand for facilities that can manage dense workloads, advanced cooling systems, and real time data…
Brave Browser is the latest to test an agentic AI. The feature is currently in an experimental phase. Brave says that it is approaching AI browsing cautiously, considering the security risks. The company admits security measures have not been perfected, and warns about indirect prompt injections, i.e. these are malicious instructions that are hidden on web pages, which could trick the AI to transmit sensitive data to the website. Google had recently said that these were the biggest challenges faced by AI-powered browsers, and outlined various safety mechanisms that are in-place for agentic AI in Chrome. The other issue is…
Nairobi — Kenyan environmentalist Truphena Muthoni has said she was overwhelmed with gratitude after meeting President William Ruto at State House, days after Guinness World Records officially confirmed her tree-hugging feat. In an emotional message after the State House engagement, Muthoni said the recognition she received left her at a loss for words. “I lack words to express myself. Thank you, Mr President!” she said. Keep up with the latest headlines on WhatsApp | LinkedIn Guinness World Records announced on Friday that Muthoni has officially entered the record books after her tree-hugging attempt–completed between January 31 and February 2, 2025–was…