Author: Elan
** For the best experience, download the free Africa Private Equity News app Android | iOS **Total investment into the African tech startup ecosystem increased by almost 50% to $1.64 billion in 2025 as the sector began to slowly recover from the impacts of the global capital shortage.This is according to the 11th edition of the annual African Tech Startups Funding Report released by startup news and research portal Disrupt Africa.A total of 178 startups raised a combined total of $1.64 billion over the course of the year, which represented a slight decline in terms of the number of funded…
A fund by a US venture capital firm backed by the philanthropist George Soros raised $20 million for African startups. Delta40, which operates out of Kenya and Nigeria, has already invested in 16 early-stage African companies since it launched in 2024. The company plans to invest up to half a million dollars in each startup it backs, focusing on those working in fintech, energy, mobility, and agriculture. As well as the Soros Economic Development Fund, Delta40’s fund is supported by investors including the Rockefeller Foundation, the Dutch development bank FMO, Germany’s development agency GIZ, and the Skoll Foundation. African startups…
Today, the Nigerian space is no longer male-dominated. It is commonplace for women to found and lead companies that solve practical problems and build systems people rely on every day. From finance and food production to digital empowerment, mobility, cross-border payment, e-commerce, internet access, and property, female founders are shaping how technology is used in everyday Nigerian life. This shift is significant because it alters our understanding of leadership and innovation within the ecosystem. Paying attention to female tech founders is no longer just about representation; it is about recognising the people building in sectors that matter deeply to Nigerians…
The bars on your smartphone represent the signal strength that your phone has received. It could also be used to determine how close your phone is to the nearest telecom tower in your vicinity. The technical term for this is loudness: just like an indicator for how well your device can ‘hear’ the nearest telecom tower. Think of signal strength like a Hawker calling out what they are selling. If they are in front of your house, their voices are loud and clear. If they move farther away to the next 2 or 4 houses, their voice gets quieter and…
February 2026 delivers significant updates to the PlayStation Plus Extra and Premium catalogs, bringing a major PS5 blockbuster and multiple new titles to subscribers. At the same time, PC players can claim several free games and add-ons through the Epic Games Store, making this a strong month for gamers across both platforms. Whether you play on PlayStation or PC, here’s a complete breakdown of the new PlayStation Plus additions and the free games available this month. PlayStation confirmed the February 2026 lineup during its recent State of Play presentation, highlighting key releases joining the PlayStation Plus Game Catalog for Extra…
During this morning’s 35th Forum of the African Peer Review Mechanism that was convened on the sidelines of the AU Summit, the Chairperson of the AU Commission, H.E. @ymahmoudali reaffirmed that governance remains the cornerstone of peace, resilience & inclusive growth under Agenda 2063. He underscored that the APRM’s voluntary, peer-based model strengthens accountability, institutional reform & shared learning, thereby advancing Africa’s collective commitment to democratic principles, economic transformation & sustainable development.
GHANA Water Limited (GWL) has launched a Field Debt Recovery and Digital Payment Sensitisation initiative, deploying 200 National Service Personnel to help recover outstanding customer arrears and promote electronic payment systems across the country. The programme, unveiled in Accra yesterday, forms part of the company’s broader strategy to improve revenue mobilisation, reduce commercial losses and strengthen customer engagement in its operational areas. The Managing Director of GWL, Mr Adam Mutawakilu, said the intervention had become necessary as the company grappled with mounting arrears of GH¢866 million as of December 31, 2025. Out of the total debt, GH¢551 million representing 63…
More than a year since Nigeria’s Securities and Exchange Commission (SEC) issued its first provisional crypto licences under its regulatory sandbox programme, the regulator has yet to move to the next phase of approvals. Only two crypto exchanges, Quidax and Busha, received provisional licences in August 2024, despite earlier promises to transition them into full regulatory regimes within a year. “We’ve been actively engaging with the SEC in recent weeks as part of the transition process toward full licencing,” Busha told TechCabal in an emailed response. “As with the earlier provisional phase, we appreciate the [SEC’s] thoroughness and rigour at…
Acquisitions are on the table for Redtech Ltd as the fintech plans an expansion drive that will see it enter 29 African countries by 2027. The Lagos-based payments company, backed by Heirs Holdings, is positioning itself for continental scale following a breakout 2025 financial year in which it processed ₦30 trillion ($20.6 billion) in transactions, more than double the ₦12 trillion ($8.2 billion) recorded in 2024. Speaking in an interview with Techpoint Africa, CEO Emmanuel Ojo confirmed that mergers and acquisitions are part of Redtech’s expansion playbook. “It’s all on the table,” he said when asked whether acquisitions could feature…
The most highly-anticipated audio launch of 2026 is here: Sony’s WF-1000XM6 earbuds are official, and I’ve been testing them for the past two weeks. The upgrades include a redesigned audio driver, one extra microphone per earbud, a more powerful QN3e processor, and a completely new look. A lot has changed from the WF-1000XM5, and it’s mostly for the better. There were a few items on my wishlist Sony didn’t hit, such as Qualcomm aptX support and longer battery life, but the company seemingly covered the rest of the upgrades I hoped for. The redesign is a huge success for Sony,…