Author: Elan
Isha Doshi, co-founder and partner at TLG Capital** For the best experience, download the free Africa Private Equity News app Android | iOS **TLG Capital, a private credit fund manager specialising in sub-Saharan Africa, has closed a $5 million scaling facility for Shona Capital Zambia, an SME lender providing fast and flexible loans to businesses in Zambia.The facility is structured to support the growth of Shona’s loan book: capacity will be released in subsequent tranches as Shona scales, with additional guarantors and institutional partners expected to join as the transaction grows.The investment, made from TLG’s Africa Growth Impact Fund II,…
Addis Ababa — Prime Minister Abiy Ahmed has extended the appointment of Lieutenant General Tadesse Worede as Chief Administrator of the Tigray Interim Administration for an additional one-year, effective April 9, 2026. The Office of the Prime Minister (PMO) announced the decision in a social media post, noting that the extension is in line with Article 62(9) of the Constitution of the Federal Democratic Republic of Ethiopia, as well as provisions under Proclamation No. 359/1995 and Council of Ministers Regulation No. 479/2013 governing interim regional administrations. Earlier on Tuesday, Prime Minister Abiy held talks with Lieutenant General Tadesse to review…
Diana Orembe Interview with Diana OrembeCO-FOUNDER AND CEO, NOVFEED Lives in: Tanzania This year, Tanzanian entrepreneur Diana Orembe expects her business, NovFeed, to generate well over $1 million in sales. The company produces fish feed and organic fertiliser. In December, Orembe took home first prize in the Africa’s Business Heroes entrepreneurship competition. How we made it in Africa’s editor-in-chief Jaco Maritz spoke to her about how she built the business. Topics discussed during the interview include: Accepting that all businesses are hard How to sell to small-scale farmers Spotting a business opportunity in fish feed Getting the business off the…
The Zimbabwe Republic Police (ZRP) says the number of road traffic accidents recorded during the 2026 Easter holiday declined, but more people were killed compared to the same period last year. In a statement, police said 337 accidents were recorded this year, down from 384 in 2025. Despite the drop, fatal accidents increased slightly from 21 to 22, with 30 people killed – six more than the 24 deaths recorded last year. There was, however, a sharp fall in the number of people injured, from 178 in 2025 to 104 this year. Police said pedestrians accounted for the majority of…
More digital creators are beginning to look beyond content creation and towards building within the tech ecosystem, a shift that is becoming increasingly visible across creator communities in Nigeria This shift was evident during TS Academy’s recent engagement at Moment by Mainstack in Lagos, where the academy interacted with creators exploring how to move from building audiences to developing technical and digital skills. At the event, TS Academy hosted a dedicated booth that became a point of conversation for creators trying to understand what comes next beyond content. Rather than focusing on growth metrics or platform performance, many attendees approached…
Media King Group, a Croatian smart public WiFi provider, is setting its sights on Nigeria, one of Africa’s most challenging connectivity markets, to test a new public WiFi model that could reshape how cities stay online. Founded in 2017 by Darko Kraljević, the company has spent nearly a decade building what it calls a “smart WiFi” system designed to fix a familiar problem: networks that buckle under heavy demand. Now, through a local partnership led by Nigerian entrepreneur and film producer Charles Okpaleke, Media King is preparing its first large-scale African rollout, with Nigeria as the launchpad for a broader…
I have an old 11.6″ mini laptop that had been gathering dust because it couldn’t upgrade to Windows 11. I didn’t want to chuck it because I love its compact form factor. So I tried to save it with a lightweight Linux distro, and it worked, kind of. Even with Windows 10, its performance wasn’t that great. This laptop almost ended up in the bin I kept it because it was tiny and lightweight It has a basic Intel Celeron chip inside (built for budget computers) and 4GB of memory. After a while, it started showing its age, despite the…
Africa continues to emerge as one of the world’s fastest-growing startup ecosystems. Over the past decade, the continent has produced a growing number of unicorn companies—privately held startups valued at over $1 billion. These companies are transforming key sectors such as fintech, mobile payments, logistics, and digital infrastructure, while attracting significant attention from global investors and venture capital firms. In 2026, African unicorns remain at the center of discussions around Africa startup funding, venture capital Africa, and the digital economy Africa, shaping the future of innovation across emerging markets. Copyright © 2026 AfricaBusiness.com – All materials can be used…
Arid Saudi Arabia looks to Africa’s breadbaskets – African Business Arid Saudi Arabia looks to Africa’s breadbaskets – African Business
SirMapy and Co. decentralised autonomous organisation (SMC DAO), a community of crypto traders and investors that backs and builds Web3 products, has acquired Nigerian crypto startup Bread Africa in an undisclosed all-cash six-figure deal. The deal adds to a growing list of acquisitions among local crypto startups and reflects the steady consolidation underway in Nigeria’s digital asset ecosystem. In 2025, crypto startup Roqqu acquired Flitaa, an exchange platform with operations in Nigeria and Kenya, for an undisclosed amount. In Bread Africa’s case, the acquisition deepens an existing relationship between the buyer and the founder: its chief executive officer, Iam Etefia,…