Author: Elan

OPay’s October 9 Initial Public Offering (IPO) prospectus suggested that the company did not expect to require approval from Chinese regulators to list on the New York Stock Exchange. But a last-minute regulatory inquiry from China, shortly before its planned $304 million public offering, has raised questions about whether the fintech company underestimated its exposure to Beijing’s securities rules. On October 30, 2026, OPay decided not to complete its much-anticipated IPO following a regulatory inquiry involving a jurisdiction it described as immaterial to its business operations. The company had priced 16 million American Depositary Shares (ADSs) at $19 each, valuing…

Epic Games is changing the Fortnite Crew subscription on December 5, raising the base monthly V-Bucks grant back to 1,000 and adding higher amounts for long-term subscribers, according to a post on the official Fortnite blog. The price of Fortnite Crew stays the same, but the monthly Crew skin, one of the subscription’s main perks, ends after December.Fortnite Crew paid 1,000 V-Bucks per month for most of its existence. Earlier this year, Epic cut the grant to 800 following its V-Bucks price increases.Fortnite Crew V-Bucks Tiers and New XP BonusFrom December 5, the monthly V-Bucks amount depends on how long…

Sponsored By Mohamed Moniem, Regional Director, North Africa, ALX Africa Mohamed Moniem, Regional Director, North Africa, ALX Africa. Photo courtesy of ALX Africa. Africa is entering a defining period in its economic development. Across the continent, governments are investing in infrastructure, businesses are exploring new markets, entrepreneurs are building for scale, and policymakers are looking for ways to translate Africa’s enormous potential into sustainable economic growth. This ambition was evident at the inaugural Alamein Africa Forum in Egypt, held from 2 to 4 October 2026, which brought together political leaders, investors, businesses and entrepreneurs around a central challenge: how does…

Daniel Marlo, managing partner at 4DX VenturesEnza, a payments infrastructure provider to banks and fintechs across Africa, has closed a $6 million Seed+ round led by 4DX Ventures. British International Investment (BII), the UK’s development finance institution, joins as a new investor. Quona Capital and Algebra Ventures, which co-led Enza’s seed round in 2025, have both added to their positions.Enza will use the new capital to extend into new markets, particularly those where the digitisation of payments is both a major opportunity and a national priority.“Since our launch, we have been building the payments infrastructure partner African banks and fintechs…

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In brief Longtime Bitcoin developer and BIP-54 co-author Matt Corallo says there’s an 80% chance the “Great Consensus Cleanup,” first proposed in 2019, will be Bitcoin’s next soft fork—a practical fix for issues “everyone agrees are problems.” The upgrade targets four lingering vulnerabilities: poison blocks, time warp bugs, Merkle malleability and duplicate coinbase transactions—none urgent, but real. Critics like LayerTwo Labs’ Paul Sztorc call it “depressing” janitorial work. Four flaws in Bitcoin’s consensus rules that have lingered for years.Issues like quantum resistance may command attention, but a practical cleanup is what many experts think Bitcoin’s next soft fork is likely…

OPay has decided to scrap its planned $304 million initial public offering (IPO) in the United States due to a regulatory inquiry in China, as reported by Bloomberg. This inquiry emerged shortly after the Nigerian-focused fintech had priced its shares on October 30. The investigation is reportedly linked to OPay’s founder, Zhou Yahui, who is a well-known businessman from China. While the company initially kept details under wraps and described the jurisdiction involved as irrelevant to its main business, it’s now clear that the scrutiny is connected to Zhou. Interestingly, the company does not have any business operations or revenue…

Sam Altman wants your RAM. It’s there in your computer doing nothing much, and it would be much better powering ChatGPT’s enormous RAM demands. After all, his company is a core part of the reason there is a RAM shortage to begin with, so it stands to reason that he’s dreaming of the RAM in your home, too. So, it’s time to lock up your computers, because Altman is coming to town. RAM Altman is coming to a PC near you Memory is better in data centers ChatGPT CEO Sam Altman initially made the comments while talking to Stripe CEO…

Isaac Asomani, investment director of Sahara Impact VenturesFor a breakdown of Sahara Impact Ventures’ transactions visit our Dealmaker’s Log.Accra-based impact fund manager Sahara Impact Ventures and Acumen have invested in Wami Agro to support the company’s next phase of growth.Wami Agro connects Ghana’s smallholder farmers to finance, guidance and reliable markets.The investment will strengthen operations, improve market access and help scale the business, including the establishment of a processing facility in Ghana.Isaac Asomani, investment director at Sahara Impact Ventures, said: “Wami Agro demonstrates how commercially viable agricultural businesses can deliver meaningful impact. We see significant potential to scale its operations…

Atiku Abubakar arrived in Sokoto for the ADC’s presidential campaign launch, with his entourage delayed by traffic as supporters gathered along the airport route. Atiku Abubakar arrived in Sokoto on Wednesday for the African Democratic Congress (ADC) presidential campaign launch, despite a dispute between the party and the state government over campaign facilities. His arrival coincided with a call by the ADC for Nigerians to draw lessons from Tuesday’s United States midterm elections and vote out President Bola Tinubu’s All Progressives Congress (APC) in 2027. Follow us on WhatsApp | LinkedIn for the latest headlines Atiku’s campaign spokesperson, Phrank Shaibu,…