Author: Elan

By Cliff Bakashaba, Head of Investments at Jubilee Asset Management Limited The recent ceasefire framework in the Middle East has given markets something they badly wanted, a reason to breathe. Oil prices have eased from their highs. Investors have responded positively. And after months of conflict involving Iran, Israel and the United States, it is understandable that many would like to believe the worst is behind us. But for investors, especially those responsible for long term savings and policyholder funds, relief is not the same thing as safety. The real effects of a conflict like this do not end when…

Wale Adeosun, CEO of Kuramo Capital Management (left), and Olasupo Olusi, MD/CEO of the Bank of Industry, during the contract signing of DICE Fund of Funds.** For the best experience, download the free Africa Private Equity News app Android | iOS **Nigeria’s Bank of Industry (BOI), the implementing agency for the Investment in Digital and Creative Enterprises (iDICE) programme of the Federal Government, has appointed Kuramo Capital Management as fund manager of the DICE Fund of Funds.The DICE Fund of Funds is structured to achieve a minimum total capitalisation of $170.6 million, with the Federal Government contributing an anchor commitment…

Dr Anino Emuwa PARTNER CONTENT: Africa’s Business Heroes By Dr Anino Emuwa Over the past six years as a judge for Africa’s Business Heroes (ABH), I have witnessed first-hand one of the most important shifts taking place across the continent: the evolution of African entrepreneurship itself. The change is not simply in the number of founders emerging across Africa, although that has grown significantly. What is striking is the shift in mindset, ambition, and execution. Today’s entrepreneurs are building differently. They are solving deeply rooted challenges with greater sophistication, thinking about scale earlier, and increasingly creating businesses with both local…

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Bitcoin is entering the second half of the year with its support system, which powered its last rally, under pressure.Data from CryptoSlate shows that the largest digital asset has fallen about 33% this year and more than 50% from its October record high above $126,000, trading near its weakest level since September 2024 at around $58,600 as of press time.This price action has pushed Bitcoin below key long-term trend levels and made the first half of 2026 its worst start to a year since the 2022 crypto crisis.Bitcoin Price Performance in H1 2026 (Source: Tradingview)That makes July a test of whether the market…

Meta is adding built-in protections against impersonation as WhatsApp prepares to roll out its new username feature, aiming to prevent scammers from exploiting one of the messaging platform’s biggest updates in years. The company said high-profile usernames, including those belonging to public figures, celebrities and well-known brands, will only be available to their legitimate owners. The move is designed to reduce impersonation and fraud as users begin adopting usernames instead of phone numbers. The announcement comes days after WhatsApp opened username reservations for its more than three billion users globally. The usernames are expected to become fully functional later this…

For the past couple of years, I have been a big fan of Samsung’s One UI design language on Galaxy phones. That changed with the update to version 8.5. I’m not alone. Many people are swapping out their home screens for custom launchers and replacing Samsung apps with alternatives. What did Samsung get so wrong? One UI 8.5 isn’t a massive failure There are just too many inconsistencies I like the general look of Android, but I’ve actually preferred Samsung’s modifications in recent years. Everything from the choice of widgets to the quick status icons to the design of stock…

Tshandu Ramusetheli, CEO at Maia Capital** For the best experience, download the free Africa Private Equity News app Android | iOS **Maia Capital Partners has provided R150 million ($9.12 million) mezzanine debt funding to Nesa Power, a South African commercial and industrial renewable energy group delivering integrated solar, storage and energy solutions under long-term power purchase agreements (PPAs).The mezzanine debt funding will be used by Nesa as growth capital to fund the acquisition of solar photovoltaic sites and expand its PPA portfolio. Since its inception, Nesa and its founders have built over 46 megawatts-peak (MWp) of solar PV generation capacity…

Mogadishu — The Somali Future Council congratulated Somalis on the 66th anniversary of the country’s independence and unification, while warning that Somalia continues to face deepening political and security challenges. In a statement marking July 1, the council paid tribute to the struggle that led to the independence of the former British and Italian territories and the creation of the Somali Republic in 1960. The group said Somalia remained confronted by political disputes, social divisions and constitutional disagreements, accusing the federal government led by President Hassan Sheikh Mohamud of exacerbating those challenges. The council also expressed concern over what it…

Africa’s next phase of economic transformation will depend less on the availability of capital and more on how effectively that capital is deployed, according to Marsha Wulff, co-founder of Lofty Inc. Capital Management.Delivering the keynote address at the 2026 Ghana Venture Capital and Private Equity Association (GVCA) Annual Industry Conference in Accra, she said investors must move beyond traditional risk frameworks and embrace a more entrepreneurial approach to financing innovation.“The job of an investor is to anticipate the future. If you live long enough, you begin to understand cycles,” she said.The conference convened more than 450 participants, including investors, policymakers,…