Author: Elan
Audio By Vocalize Hiruy Amanuel, Managing Director, Gullit VC. [Courtesy] Something is changing inside African venture capital, but it is not the kind of change that announces itself loudly. There are no defining moments or dramatic turning points that clearly mark the transition. Instead, it is unfolding gradually through changing investor behaviour, shifting founder expectations, and a growing emphasis on discipline across the ecosystem. It is quiet, but it is real. For years, Africa’s venture capital playbook was authored abroad. It was driven by a compelling narrative: a young and rapidly growing population, underserved markets, accelerating technology adoption, and…
The Federal Ministry of Communications, Innovation and Digital Economy, and the Nigeria Communications Satellite (NIGCOMSAT) Limited are engaging the Israeli and French manufacturers to produce two next-generation communication satellites for Nigeria. NIGCOMSAT said in a statement yesterday that the satellites, NigComSat-2A and NigComSat-2B, will be delivered by Israel Aerospace Industries (IAI) and Thales Alenia Space of France. The company said the project has moved into its next phase following the Federal Executive Council (FEC) approval for the acquisition and deployment of the satellites. NIGCOMSAT said the next stage includes formal engagement with the technology partners, contract finalisation and technical planning…
For many Nigerian families, the summer holiday is a season of fun, relaxation, and spending quality time together. But with the kids at home, more outings, higher electricity consumption, and extra entertainment costs, it’s also a period when expenses can quietly pile up. The good news? You don’t have to choose between making memories and managing your finances. With a few smart habits, you can enjoy the holidays while keeping your savings goals on track. Here are five practical ways to save smarter this summer. Read also: Behind every transaction you complete on OPay, an invisible system is working harder…
Samsung is holding a Galaxy Event on August 27, 2026. The company has not named the phone yet, but everything points to the Galaxy S26 FE. Samsung says the event will bring the core Galaxy S26 experience, from camera to AI, to a wider audience. This guide covers the event time in Nigeria, how to watch it, what the Galaxy S26 FE is expected to offer, and how it compares to the Galaxy S25 FE. You will also find the price rumours and what else could show up at the event. When is the Samsung Galaxy event? Samsung confirmed the…
Calvin Wankhede / Android AuthorityWhile I’ve used every major AI from Gemini to ChatGPT, I’ve found that Claude continues to be my favorite, even if it’s a poorer value due to slightly more aggressive caps and higher starting prices for the subscription tiers.What makes Claude stand out to me is that its session memory and recall tend to be significantly better than those of its rivals, making it arguably better for longer projects. I also find that its responses feel the most “human” and my back-and-forth feels more like a true collaboration effort than just a “yes man” tool. Unfortunately,…
The release of Malian soldiers by the FLA marks a shift in strategy for the rebel group. But Alghabass Ag Intalla, still the master of Kidal, has no intention of forfeiting the alliance he has forged with the JNIM jihadists. Between loyalists and allies of convenience, a map of the network underpinning the warlord’s power. By Boubacar Sidiki Haidara Published on August 23, 2026 at 11:30 am (GMT +1) For nearly three years, he had nursed one obsession: retaking Kidal. On 25 April, Alghabass Ag Intalla achieved it. In a coordinated attack by fighters from Ag Intalla’s Front de Libération…
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…
Dr Anino EmuwaPARTNER CONTENT: Africa’s Business HeroesBy Dr Anino EmuwaOver 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 relevance and global potential.Across…
Naspers: From South African publisher to global tech investor – African Business Naspers: From South African publisher to global tech investor – African Business
In its Payments System Vision 2028 (PSV 2028), unveiled on June 1, the Central Bank of Nigeria (CBN) said it intends to run observer nodes on blockchain networks that operate approved stablecoins, enabling the regulator to see stablecoin transactions in real time. A blockchain network is a shared ledger: instead of one company keeping the only copy of transaction records, many computers maintain copies and keep them in sync. An observer node is a computer connected to the network that keeps a copy of the blockchain and monitors activity on it. It does not validate or submit transactions to the…