Author: Elan
African technology startups will receive a financing boost through a €40 million commitment from EIB Global, the development arm of the European Investment Bank (EIB), to the first Africa-focused investment vehicle from leading European venture capital firm Speedinvest. The investment strengthens EU–Africa ties, supports digital transformation, and promotes inclusive economic growth across the continent.The vehicle will back technology companies across innovation hubs, including Egypt, Morocco, Nigeria, Kenya, and South Africa, while also investing in high-potential markets such as Ghana, Côte d’Ivoire, Cameroon, the Democratic Republic of Congo, Tunisia, Tanzania, and Uganda. It is designed to improve digital and financial inclusion…
Ethiopian Airlines has agreed to lease two Boeing 777-300ER converted freighters from AerCap Holdings N.V., in a deal that will introduce the aircraft type to Africa for the first time, the companies said on Tuesday. The aircraft, designated the 777-300ERSF, are scheduled for delivery in the second quarter of 2028. Once in service, they are expected to expand the airline’s cargo capacity and improve operating efficiency as global demand for air freight continues to grow. The agreement deepens a longstanding partnership between the Addis Ababa-based carrier and AerCap, an Irish-American aircraft lease company headquartered in Dublin. From The Reporter Magazine…
Luno, the UK-born digital asset firm that allows users to trade tokenised US stocks and exchange-traded funds (ETFs), and buy, sell, and earn yield for holding cryptocurrencies, has launched prediction markets for users in South Africa and Nigeria, two of its four operational markets in Africa. Launched in partnership with Limitless, a US-based prediction market infrastructure provider, the new feature will allow Luno users to place short-term bets on whether major cryptocurrencies like Bitcoin, Ether, and Solana will finish above or below a target price within 24 hours, with payouts for correct predictions. The rollout marks the first step in…
Roqqu, a Nigerian cryptocurrency startup that allows users to buy and sell digital assets and access crypto-backed loans, drew more than 30,000 users to its futures derivatives product during beta testing, according to Emmanuel Peter, the company’s Head of Trading and Markets. The locally-built futures contract, which launched in beta in December 2025 and is now out of beta, continues Roqqu’s push beyond its core buy, sell, and swap offering into a broader suite of advanced trading tools. Peter said the beta numbers were a signal that products built within Roqqu’s own ecosystem could hold their own. “We already have…
So you just bought a new drive, and you’re planning on moving all of your files over from your older, slower drive to your newer drive. It can be a daunting task, especially if you’re not experienced. It doesn’t have to be, though. Prepare the drive Get things ready beforehand The first crucial step you need to follow is physical preparation and system recognition. Before any data can be transferred, the new drive must be properly connected to your computer. For desktop users, this usually involves mounting the drive inside the computer case and connecting it directly to the motherboard…
Behind every top brand is an exceptional marketing officer – African Business Behind every top brand is an exceptional marketing officer – African Business
In brief LA Superior Court is testing Learned Hand’s AI to help judges prep cases without replacing judicial decisions. The company’s CEO warns that AI-assisted legal filings will flood courts with a “bots versus bots” dynamic if left unchecked. The system uses a closed set of legal materials and verification layers designed to catch hallucinations before a judge sees the output. Courts around the world are straining under growing caseloads, and a pilot program in Los Angeles is hoping to change that by testing whether AI can assist judges without offloading their judgment.The Los Angeles Superior Court is testing an…
Dropdowns often work perfectly until they’re placed inside a scrollable panel, where they can get clipped, and half the menu disappears behind the container’s edge. Godstime Aburu explains why this happens and offers practical solutions to fix it.The scenario is almost always the same, which is a data table inside a scrollable container. Every row has an action menu, a small dropdown with some options, like Edit, Duplicate, and Delete. You build it, it seems to work perfectly in isolation, and then someone puts it inside that scrollable div and things fall apart. I’ve seen this exact bug in three…
By Adesoji Solanke, Head of Fintech & Banks Investment Banking Origination, Absa CIB Back in 2014, two blockchain pioneers set out to solve a problem confronting the early cryptocurrency ecosystem: the extreme price volatility of Bitcoin and the first generation of altcoins made them difficult to use for everyday transactions and impractical as a reliable medium of exchange. Their answer came from an experimental blockchain platform called BitShares, where a token known as BitUSD was designed to track the value of the US dollar. Users could create the token by locking up the network’s native cryptocurrency, BitShares (BTS), as collateral…