Author: Elan
Cardoso says the CBN will stay the course as reforms yield dividends – African Business Cardoso says the CBN will stay the course as reforms yield dividends – African Business
Bitcoin (BTC) price struggled to break above $72,000, as several key onchain metrics highlighted weakening demand for BTC, casting doubts on its upside potential.Key takeaways:Bitcoin investors shift to distribution as whales and smaller cohorts aggressively sell under weak market conditions.Bitcoin whale transaction count hits multi-year lows, as smart money waits for policy and geopolitical clarity.Bitcoin’s hash rate fell sharply amid rising energy costs, increasing chances of miner capitulation. Bitcoin investors “shift to distribution”Bitcoin investors have are increasingly risk-off, distributing their BTC holdings amid the recent price weakness fueled by the US and Israel-Iran war and other macroeconomic headwinds.Glassnode’s Accumulation Trend…
Binance Holdings Limited is seeking an out-of-court settlement in its alleged tax evasion case. The company, through its lead counsel Sunday Agaji, told Justice Emeka Nwite in the Federal High Court in Abuja on Tuesday, March 24, 2026, that it is now actively pursuing an amicable settlement with the Nigeria Revenue Service (NRS) over four counts of alleged tax evasion. Moses Ideho, deputy director in the NRS legal department and lead prosecutor, confirmed the overture had come earlier that same morning. “My lord, parties are actually exploring a settlement. That is essentially where we are,” Agaji said, prompting the judge…
Microsoft has resolved an issue that was causing synchronization problems between classic Outlook and Gmail or Yahoo accounts, according to an update in the company’s support documentation. The issue affected Microsoft 365 users and started on February 26, 2026. The bug prevented affected accounts from syncing and resulted in error codes 0x800CCC0F and 0x80070057.Outlook Sync Issue Resolved, But Delays May PersistMicrosoft reports that the issue has been resolved on the Microsoft 365 service as of Friday. However, some users may still experience temporary problems due to the way authentication tokens behave.The company notes that Outlook may not prompt users to…
** For the best experience, download the free Africa Private Equity News app Android | iOS **Canada’s development finance institution, FinDev Canada, has disclosed a working capital facility of up to $40 million for Robust International, a Singapore-based processor and exporter of agro-commodities.The funding will support Robust International’s sourcing and processing of sesame, cashew, soya and other agricultural products in least developed countries in sub-Saharan Africa.The company operates in Mozambique, Burkina Faso, Guinea Bissau, Mali, Togo, Guinea Conakry, and Tanzania.Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a…
Nigeria-based tax compliance startup TaxStreem has launched a digital platform designed to help businesses simplify and automate tax compliance by integrating it directly into their daily financial workflows. The platform collects transaction data from sources including bank accounts, email, WhatsApp Business, and invoicing tools. It automatically calculates applicable taxes, files returns with the relevant authorities, and keeps records organised for future audits. Co-founders Kelechi Ibe, a tax lawyer and advisor, and Sam Ayo, a senior artificial intelligence and machine learning engineer, announced the platform’s launch on Tuesday, positioning it as a solution to the everyday compliance challenges faced by Nigerian…
After years of trying to build a homegrown alternative to global messaging platforms, MTN Group has begun a gradual phase-out of Ayoba, its all-in-one chat and content app. Users across Africa recently received notifications stating that Ayoba is “entering a new chapter,” along with a final 30-day window that began on February 20, 2026, to download the app one last time to retrieve data or messages. After March 20, the app will no longer be available for download on the Google Play and Apple App Stores, and those who uninstall it will be unable to reinstall it. In a statement…
I can’t believe I’m typing this, but when you uninstall an app on Windows, it doesn’t actually, umm, uninstall it. At least not completely. Even after removing an app on Windows, it will leave behind residual data in the form of logs, registry keys, preferences, configuration data, and more. This residual data isn’t harmful, but can take up disk space over time, especially if you’re someone like me who regularly tests programs. This is not exactly Windows’ fault because the uninstallation process also depends on the app developer’s preferences. Regardless, you can track down and deep clean these files manually,…
** For the best experience, download the free Africa Private Equity News app Android | iOS **Littlefish, a South Africa-based fintech infrastructure company, has closed a $9.5 million Series A round led by Partech, with participation from TLCOM, Flourish Ventures, and Proparco.Littlefish’s platform sits at the intersection of banking infrastructure and commerce enablement. Its commerce layer consolidates point-of-sale applications, back-office CRMs, merchant portals, payments, and APIs into a unified orchestration layer that integrates directly into POS devices and core banking systems. Littlefish enables banks to offer fintech-grade merchant services at scale while preserving ownership of the merchant relationship. “This raise…
Dhagax-Buur, Ethiopia, March 24 (Horn Diplomat) — President of Ethiopia’s Somali Regional State, Mustafe Mohamed Omar, accompanied by members of the ruling Prosperity Party, registered to vote on Monday in Degahbour town in Jarar zone, as voter registration continues ahead of the country’s upcoming general elections. The registration exercise, which is underway across the region, has been widely observed in Degahbour, where residents are actively collecting voter cards in preparation for the polls. Regional officials say election preparations are gaining momentum, with expectations that the vote could see one of the highest voter turnouts in the region’s history. “I, and…