Author: Elan

One of the great things about Android Auto is that you’re carrying your infotainment system with you wherever you go. If you own more than one car, you don’t have to set up two different profiles. Just connect your phone, and the experience follows you. Likewise, if multiple people share a car, it feels like the specific head unit doesn’t really matter. It’s the phone that sets the stage and handles everything, right? Your head unit is doing more work than you think More than a second screen The head unit is still doing a lot of work when you…

By Lt. Cmdr. Darius Radzius U.S. Naval Forces Europe-Africa/U.S. Sixth Fleet Public Affairs Morocco and Senegal’s participation in International Naval Review 250 highlighted Africa’s expanding role in maritime security cooperation, international partnerships and efforts to strengthen the safety of strategic sea routes. New York – International tall ships transit the Hudson River near the Royal Moroccan Navy frigate RMNS Mohammed VI (701) during International Naval Review 250. The multinational maritime event commemorates the 250th anniversary of the United States and highlights cooperation among participating maritime forces. (U.S. Navy photo by Lt. Cmdr. Darius A. Radzius) The Royal Moroccan Navy frigate…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Impact Fund Denmark is providing €25 million in subordinated debt to NSIA Bank Côte d’Ivoire, the country’s second-largest bank and a subsidiary of the pan-African NSIA Group.The financing will support the bank’s plans to increase lending to micro, small and medium-sized enterprises (MSMEs) over the coming years.MSMEs account for the majority of employment in Côte d’Ivoire, yet a large share still lacks access to adequate financing. Difficulties in accessing finance remain one of the largest structural barriers to business growth and economic development.NSIA Bank…

Fifteen African technology startups have been selected by investment firm Renew Capital to develop financial services for millions of small businesses that remain beyond the reach of traditional banks, highlighting a growing shift in how credit and banking services are being delivered across the continent. The startups emerged from more than 500 applicants across 48 African countries in Renew Capital’s inaugural Venture Lab: Embedded Finance (EmFi) Series, an accelerator that targets companies already serving small and medium-sized enterprises (SMEs) through digital platforms. The selected startups are expected to integrate financial products such as loans, payments, insurance and working capital directly…

Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here)   Reserve your digital subscription today Join now for $38 per month Join now for $435 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and the investment firms and executives involved Portfolio company news that impacts value and stakeholder participation Job moves and partnerships between leading market participants Exclusive access to Africa Capital Digest’s full content archive If you’d like more information on exceptional value group subscriptions for your colleagues…

A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24.In…

A video of Guaranty Trust Holding Company (GTCO) CEO Segun Agbaje challenging Nigeria’s biggest fintechs to publish their financial results has resurfaced online, reigniting a debate about transparency and profitability in Nigeria’s digital payments industry. The remarks were made during GTCO’s Facts Behind the Offer presentation in 2024, but the clip has been circulating widely in recent weeks, drawing fresh attention to a challenge that remains as relevant today as when it was first issued. “I challenge other fintechs to publish their results,” Agbaje said in the video. “Most of them, you don’t even know their results. We publish every…

The strongest visual concepts don’t start in Figma. They start with the right questions. Explore the pre-concept phase of brand identity design, where teams research brand context, uncover hidden assumptions with stakeholders, and turn shared direction into a visual foundation before a single concept is created.When a branding project fails, it usually happens long before the logo stage: in the strategy phase, when words like “modern,” “trustworthy,” “premium,” “friendly,” and “disruptive” are left undefined. The result is a gap between what the brand is supposed to communicate and what the designer is expected to create. This is the space I…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Africa Finance Corporation (AFC) has announced the financial close of the $753 million Lobito Corridor Railway project in Angola.AFC and Eaglestone acted as co-financial advisors, structuring financing for Lobito Atlantic Railway (LAR), a joint venture between Mota-Engil and Trafigura. The funding package includes $553 million from the US International Development Finance Corporation and $200 million from the Development Bank of Southern Africa. The capital will fund the upgrade and long-term operation of the 1,300km rail corridor connecting Angola’s Port of Lobito to the Democratic…

IN SHORT: Graphics quoting former Kenyan president Uhuru Kenyatta as endorsing Edwin Sifuna for the presidency in 2027 are getting attention on social media. However, there is no evidence that Kenyatta has done so. Former Kenyan president Uhuru Kenyatta has endorsed opposition politician Edwin Sifuna for the presidency, according to a quote circulating on social media. The quote, in Kiswahili, reads: “Tamaa ya marehemu rafiki yangu Raila Odinga ilikuwa kuwa Rais. Lakini haikutimia. Mimi nitahakikisha ndoto yake inatimia kwa kumfanya Edwin Sifuna kuwa Rais. Hiyo itatokea mwaka ujao. Edwin Sifuna lazima awe Rais, akiwa na Fred Matiang’i kama Naibu wake.”…