Author: Elan
Applications are open until September 30, 2026. The inaugural cohort of 10 African AI startups will be revealed on stage at Moonshot by TechCabal in Lagos on October 28–29, 2026, where the six-week program kicks off, running through December 4. Lagos, August 31, 2026. Askya Investment Partners, an African venture capital firm, announced the launch of the Askya AI Growth Platform, a pan-African program to scale African artificial intelligence startups into enduring, continental-scale enterprises. In partnership with Magna Collective, the program is free for startups and takes no equity. Companies selected for the cohort will be eligible for up to…
Africa’s industrial moment is not waiting for more money. It is waiting for the right kind — structured correctly, sequenced intelligently, and aimed at the right stage of a project’s life. Afreximbank’s Oluranti Doherty on why the continent’s financing problem is really a coordination problem. Why this series exists Our new editorial initiative seeks to unearth an answer to a question that most development institutions have debated but few have answered: why does a continent that grows the world’s finest cotton wear clothes made somewhere else — and what would it actually take to change that? The answer is not,…
Bitwise has given the market a rare look inside an institutional XRP carry trade.The Bitwise Crypto Carry Fund, or USCC, paired XRP held in custody with an almost equal short position in September Coinbase XRP futures. The structure was 97.48% matched by quantity, leaving limited exposure to a parallel move in XRP while positioning the fund to collect the premium between futures and spot.At 4 p.m. EDT on Sept. 1, Bitwise’s holdings table showed 10,781,438.36 XRP in custody and a displayed futures quantity of negative 10,510,000. The futures row carried a 14.57% implied-yield label.The disclosure supports a specific conclusion about…
In January 2016, Uber ran what the ride-hailing company called a cash experiment in Lagos where riders could pay drivers in naira notes. Lagos was the third African city to try it, after Nairobi and Cairo, and Nairobi had been only the second city anywhere in the world to test cash on the platform. Uber’s then Sub-Saharan Africa general manager, Alon Lits, told Quartz at the time that Nairobi’s business tripled during the pilot and that African innovations had shaped the company’s global operations. Cash payments eventually became standard across Uber’s markets globally. A decade later, on Wednesday, September 2,…
Cassettes, CDs, even vinyls (despite their recent resurgence in popularity) — physical media that you can hold and confidently pronounce as yours has unfortunately become a rarity in the modern world. The digital landscape is one of temporary consumption and conditional ownership, and convenience alone can’t make up for the downsides. I, for one, largely agree with the dwindling population of increasingly vocal physical media defenders with movies and video games… but with music? We can have our cake and eat it, too. I have collected a plethora of albums over the years, and I can transform my ancient Android…
Brian Mundubile © Rights reserved Published on September 04, 2026 at 18:21 pm (GMT +1) Across Africa, treason is pulling opposition politics, disputed elections and struggles for power into the courtroom. The allegations are serious and varied: plotting coups, organising armed insurrections, acquiring weapons, financing paramilitary operations and, in some cases, actions and statements made during political and electoral campaigns.And it is not only opposition leaders in the dock. Ministers, MPs, military commanders, businessmen and even a bishop are among those accused.At the heart of many of these cases is a fierce dispute over what constitutes treason. Governments say they…
Listen to this article Tokyo is redefining its engagement with Africa, transitioning from traditional aid-based approaches to strategic venture capital (VC) investments focused on long-term partnerships, innovation and capacity building. Several Japanese private companies are making Japan’s presence felt in Africa’s VC landscape, particularly in high-growth sectors such as fintech, climate tech and mobility. Growing demand for innovative, technology-driven solutions in Africa has drawn increasing interest from international investors. VC funding in Africa rose from over US$2 billion in 2019 to a peak of US$5.2 billion in 2022. Though investment declined to around US$3.6 billion in 2023, the continent’s start-up…
Partner content: Africa’s Business HeroesFrom more than 24,000 applications across all 54 African countries, ten founders have emerged as the 2026 Africa’s Business Heroes Top 10.Following two days of live Semi-Final pitches in Nairobi on 21–22 August, the finalists were selected from a competitive Top 20 by a distinguished judging panel. They were assessed on business strength, leadership, innovation, impact, growth potential and ability to scale.The Top 10 represent Egypt, Kenya, Ethiopia, Nigeria, South Africa, Tanzania, Benin and Côte d’Ivoire, with businesses spanning agriculture, healthcare, manufacturing, enterprise technology, climate technology and education.Essential sectors lead. Agriculture and healthcare each account for…
Xi Jinping seeks to boost Egypt influence with rare overseas trip – African Business Xi Jinping seeks to boost Egypt influence with rare overseas trip – African Business
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