Author: Elan

Johannesburg, South Africa** For the best experience, download the free Africa Private Equity News app Android | iOS **A MESSAGE FROM OUR SUPPORTERSPwC: South Africa Economic Outlook 2026South Africa’s economy remains on a recovery path in 2026, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead. Read moreHere are summaries of the five most widely read stories the past week on Africa Private Equity News.1. Adenia buys majority stake in Minet from CapitalworksAdenia Partners, a private equity firm focused on growth opportunities in Africa, has acquired a majority stake in Minet…

Nigeria’s Bank of Industry has named Kuramo Capital Management to run the $170.6 million DICE Fund of Funds under the iDICE program The deal is Kuramo’s second major state mandate in two years, confirming its position as Nigeria’s preferred manager for government-backed venture capital Success depends on whether Kuramo can raise matching private capital faster than the program’s track record suggests Nigeria’s development bank Bank of Industry Limited (BOI) has appointed Kuramo Capital Management as fund manager of the DICE Fund of Funds, a vehicle built to channel at least $170.6 million into the country’s technology and creative startups. The contract, signed in…

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…

The Securities and Exchange Commission (SEC) has cleared seven more crypto platforms for its Accelerated Regulatory Incubation Programme (ARIP), marking the regulator’s most significant expansion of its digital asset sandbox since the programme’s pioneer cohort in August 2024. The new entrants, Bitbarter Technologies Limited, Luno Fintech Nigeria Limited, GetEquity Limited, Koinkoin Global Network Limited, Wrapped CBDC Ltd, Trovotech Ltd, and Blockvault Custodian Ltd, will each receive an Approval-in-Principle (AIP), granting conditional permission to operate within ARIP’s defined parameters while remaining under the SEC’s supervision. How firms get here ARIP admission runs through two structured phases. An applicant first files an…

The South African Revenue Service (SARS) has never doubted that it wants a share of crypto profits. What it has lacked, until now, is a coherent rulebook explaining exactly how that share gets calculated. On 1 July 2026, SARS released a draft guide to the taxation of crypto assets, an attempt to finally close the gap between an eight-year-old media statement and a market that has since exploded into staking, DeFi, arbitrage bots and NFT-adjacent tokens. The guide isn’t law. It carries no binding force and creates no “practice generally prevailing”, as SARS states in its preface. But it is…

Ryan Haines / Android AuthorityMost people are no longer upgrading their Android phones every two years. It’s now the norm for consumers to replace their devices every three or four years. It also doesn’t hurt that carriers have embraced 36-month or even 48-month contracts.As such, I totally understand if you’re buying a phone with the intention of keeping it for three or more years. But before you put your money down or sign that contract, I’ve got some tips to keep in mind if you want to buy a phone that will last for years and years. What’s the best…

Africa Private Equity News is pleased to present the June 2026 issue of our Dealmaker’s Log, which tracks the reported African private equity/debt and venture capital transactions from last month (and extending back to an archive of transactions since May 2023).This edition features 38 new transactions from firms including: Carlyle, A.P. Moller Capital, Helios Investment Partners, Capitalworks, Adenia Partners, AfricInvest, Old Mutual Private Equity, TLG Capital, Inspired Evolution, BluePeak Private Capital, ARM-Harith, Cygnum Capital, IMG Capital, Aruwa Capital, Edge Growth, Knife Capital, Holocene, NewTrails Capital, Breega, Algebra Ventures, Janngo Capital, and many more!Access the Dealmaker’s Log June 2026 below: (only…

Candidates of the All Progressives Congress (APC) for the 2027 National Assembly elections in Ondo State have appealed to party members to accept the outcome of the party’s primary elections and avoid protests, stressing that unity is essential to securing victory in the general elections. The appeal was made on Friday in Akure after the candidates returned from Abuja, where the APC concluded the uploading of results from its National Assembly primary elections. Speaking on behalf of the candidates, the APC flag bearer for Ondo West/Ondo East Federal Constituency, Michael Akintomide, urged aggrieved party members to remain calm and respect…

Alexis Caude is the managing partner of Africa-focused investment firm Adenia Partners. In a recent interview with How we made it in Africa, he revealed how he invests his personal money. Caude takes a somewhat conservative approach to his personal investments. He invests in the hospitality sector in Europe and the US, an industry he knows well. He also holds gold and US equities, leaning toward value stocks rather than the technology-driven momentum category. When it comes to equities, he buys both index funds and individual stocks. Referencing Warren Buffett, Caude explains that if one doesn’t have the time to study individual stocks,…

Last month, Mombasa made history as the first African city to host the Our Ocean Conference (OOC) – an international convening to protect and conserve the ocean, gathering well over a hundred countries. Yet the significance of the conference went far beyond where it was held. It demonstrated why Africa is increasingly becoming one of the world’s most influential voices in shaping the future of our ocean. At OOC, the world watched Kenya host and champion ocean action, calling on governments to move from ambition to implementation. African nations announced new marine protected areas in their waters, from Tanzania to…