Author: Elan

Jan Bosch, managing partner of Salt Capital** For the best experience, download the free Africa Private Equity News app Android | iOS **Salt Capital, with the partnership of one of its largest LPs, South Suez Capital, has completed the acquisition of Welwitschia Hospital, ERAD Radiology, and Spescare Namibia. Salt Capital has since inception considered Namibia as a priority market and has to date built an established track record in the country. This strategic transaction positions Salt Capital as a prominent investor in Namibia’s healthcare sector, complementing its existing investment in Rhino Park Private Hospital in Windhoek.The acquisition brings together a…

African startups have taken in more than $3 billion in funding in 2025, passing that level for the first time since 2023. This would be the strongest year reported after a couple of years of slowed action. Africa: The Big Deal, which tracks startup funding across the continent, recorded a 33% rise compared with last year. They recorded $2.2 billion in startup funding in 2024, which was 25% lower than in 2023. Investor activity slowed as global venture capital spending tightened, bringing a hard time African founders in particular. Recent months have showed some changes… A large share of this…

Nairobi — BasiGo, a leading provider of electric bus solutions, has officially opened a new electric vehicle (EV) charging station at the revamped Shell Athi River service station, expanding Kenya’s fast-growing e-mobility infrastructure. The Athi River site becomes BasiGo’s third Shell-hosted charging location in Kenya, following earlier launches at Shell Waiyaki Way in Nairobi and Shell New Gatitu in Thika. The partnership underscores growing collaboration between mobility providers and fuel retailers as Kenya transitions toward cleaner transport. Designed to support the rapid adoption of electric public transport and commercial fleets, the Athi River station can charge up to four buses…

Crypto and stock performance since January 2024 suggests that the new “altcoin trading” is just stock trading.The S&P 500 returned roughly 25% in 2024 and 17.5% in 2025, compounding to approximately 47% over two years. The Nasdaq-100 delivered 25.9% and 18.1% over the same period, for a cumulative gain near 49%.The CoinDesk 80 Index, tracking the next 80 crypto assets after the top 20, fell 46.4% in 2025 first quarter alone and sat down roughly 38% year-to-date by mid-July.The MarketVector Digital Assets 100 Small-Cap Index dropped to its lowest level since November 2020 by late 2025, erasing over $1 trillion…

If you wanted to understand the passion it truly takes to build a game in Africa, you only needed to witness the morning of MaliyoCon25, the inaugural gaming conference hosted by Maliyo Games, the game developer behind Safari City, Whot King, and Disney’s Iwájú: Rising Chef. The rain poured down heavily on Thursday morning, December 11, and the notorious Lagos traffic that might typically cripple an event. But that chaos only seemed to fuel the resolve of the attendees, as the room sat full. Nothing was going to hold back the people building Africa’s gaming future. The room was packed…

If you’re anything like me, you probably comb spec sheets, read reviews, and watch videos before purchasing a new pair of headphones. Even with a ton of research, there’s only so much you can learn about any audio product until it physically arrives at your door. The good news is that generous return windows from a variety of online and brick-and-mortar retailers ensure you still have a way out if your new cans aren’t as great as you expected. Of course, it takes time to learn the ins and outs of a pair of headphones or earbuds. It’s hard to…

Nigeria flexes muscles with Benin coup intervention – African Business Nigeria flexes muscles with Benin coup intervention – African Business

Strategy held on to its place in the Nasdaq 100 during this year’s rebalancing, securing its first successful test in the benchmark since joining the index in December last year. The company, previously known as MicroStrategy, has become the largest corporate holder of Bitcoin (BTC). With its latest purchase of 10,624 Bitcoin for around $962.7 million last week, Strategy’s total holdings stand at 660,624 BTC, worth nearly $60 billion. The latest Nasdaq 100 adjustment saw Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor and Trade Desk removed from the tech-heavy gauge, while Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate and Western…

The Lagos State University (LASU) has introduced regulations for activities surrounding cinematographic activities (content creation) across the campuses. The move follows the bandit prank that caused pandemonium among students on campus. The disclosure was contained in a press statement released on Friday night on its official Facebook page, signed by Oluwayemis A. Thomas-Onashile, Deputy Registrar/Coordinator, Centre for Information and Public Relations, LASU. It noted that the move is an attempt to maintain the University’s status and integrity and preserve sanity.  In the statement, LASU noted that all students, individuals who wish to engage in cinematographic activities on the University campus,…

Occasionally rebooting your router and modem is pretty normal, and some routers even have a reboot schedule function that can take care of this for you. Though problematic network equipment should be replaced, adding a smart plug to your setup can save you effort and even automate the entire process. Buying the right smart plug Rebooting your router usually means cutting power for around 10 seconds, then firing it back up and waiting for everything to return to normal. While you can do this by physically walking to the router, being able to do so remotely is more convenient. To…