Author: Elan
Today in crypto, South Korea’s data protection regulator imposed a 210 million won fine on Bithumb for transferring users’ personal information overseas without proper consent.Elsewhere, Japan’s SBI holdings signed a $289 million deal to acquire cryptocurrency exchange Bitbank and DeFi platform Abracadabra took emergency action after its Magic Internet Money depegged 50%.Bithumb fined over overseas user data transfersSouth Korea’s Personal Information Protection Commission (PIPC) fined cryptocurrency exchange Bithumb 210 million won ($136,000) for transferring users’ personal information to overseas exchanges without obtaining separate consent, violating the country’s data protection laws.The regulator said Bithumb shared personal information with 13 overseas exchanges…
The telecommunications industry witnessed a mix of outcomes, policy formations and challenges during the first half of 2026. These, in turn, have shaped the experience of millions of Nigerians making calls, sending SMS and accessing the internet daily for business and personal attainment. In this article, we will explore and explain these numbers and growth and the shortfalls that they indicate. Let’s start with the positive. 1. The good Data consumption Industry reports released between January and April indicate that the internet has become a critical part of citizens’ existence. Within the first four months of 2026, telecom operators gained…
Seventy percent of websites still fail basic WCAG contrast checks in 2025. After years of design system tooling, accessibility linters, and JavaScript libraries, nothing moved the needle. We didn’t need better libraries. We needed better CSS. contrast-color() is that better CSS.The HTTP Archive Web Almanac has been tracking color contrast failures for years. The numbers have barely moved. After half a decade of design system tooling, accessibility linters, and entire JavaScript libraries dedicated to computing readable text colors, 70% of websites still fail basic WCAG contrast checks in 2025. The WebAIM Million paints an even grimmer picture — 83.9% of…
By PwCWe are pleased to share PwC’s Africa Family Business Survey 2025. Family businesses globally face a set of converging megatrends: geopolitical shifts, technological disruption, climate pressures, and economic uncertainty. In Africa, leading family businesses are responding by converting unique strengths into competitive advantage.The survey is based on insights from 79 family businesses across Africa and is part of PwC’s global study of 1,325 family businesses in more than 60 territories. The findings show how African family businesses are adapting and building for the long term.Leading family businesses use purpose to drive growth and lean into more centralised decision-making to…
Luanda — Members of the National Assembly rejected, on Thursday (25), a request for an urgent debate regarding the rise in the price of the barrel of oil on the international market, as well as the alleged fuel shortage at service stations across the country. Proposed by UNITA, the motion received 63 votes in favor, 78 against, and 2 abstentions. The National Assembly is holding the 2nd Extraordinary Plenary Meeting of the 4th Legislative Session on Thursday and Friday (25 and 25 respectively), with an agenda dominated by the review and voting on bills related to taxation, the financial system,…
Africa’s next phase of economic transformation will depend less on the availability of capital and more on how effectively that capital is deployed, according to Marsha Wulff, co-founder of Lofty Inc. Capital Management.Delivering the keynote address at the 2026 Ghana Venture Capital and Private Equity Association (GVCA) Annual Industry Conference in Accra, she said investors must move beyond traditional risk frameworks and embrace a more entrepreneurial approach to financing innovation.“The job of an investor is to anticipate the future. If you live long enough, you begin to understand cycles,” she said.The conference convened more than 450 participants, including investors, policymakers,…
The Ethiopian Capital Market Authority (ECMA) has approved the registration of 9.66 million existing shares held by shareholders of Abay Bank, marking another step in the development of Ethiopia’s nascent capital market. Abay Bank said ECMA had approved the registration statement covering 9,657,286 existing shares owned by the bank’s shareholders. The approval became effective on May 11, 2026, and was disclosed through a public notice issued by the regulator. The bank said it had subsequently published a prospectus and related disclosure documents on its official website, in line with regulatory requirements. The registration allows the shares to be formally recognized…
The bustling world of African over-the-counter (OTC) and peer-to-peer (P2P) cryptocurrency trading moves at a dizzying pace. It is a world fuelled by relentless momentum, where billions of dollars in hidden capital change hands daily through fragmented WhatsApp groups, chaotic screenshots, and a frantic mix of pidgin, local slang, and shifting currencies. For years, this informal market thrived in the shadows, far removed from the sterile, rigid accounting software built for traditional enterprise. But as global regulatory tightening collides with local tax reforms, a critical friction point has emerged. The ecosystem faces a stark ultimatum: evolve or risk extinction. Enters…
In the taxonomy of internet infrastructure; cloud, payments, identity, communications, there has never been a dedicated layer for human participation. A Nigerian startup believes that gap is not only real but represents one of the largest untapped infrastructure opportunities on the internet. SABI, founded by social media strategist Olusehinde Elijah Kolawole, has launched what it describes as the world’s first Social Infrastructure: a coordinated network of over 300,000 Nigerian users capable of performing authentic digital actions across every major platform, on demand, at scale. The product thesis is straightforward, but its framing is ambitious. Kolawole argues that the internet has…
The Nothing Ear 3 has dropped to $128.25, down from its $179 RRP. That is a 25% discount relative to the recommended retail price, and it is also the best deal we have ever tracked, beating the previous $148.99 low. That price cut makes this Prime Day 2026 offer stand out even more because the Nothing Ear 3 packs a feature set aimed at people who care about both sound and calls. Its most interesting trick is the Super Mic built into the charging case, which is designed to improve call and voice note quality in noisy environments. The earbuds…