Author: Elan
Ruto goes all in on privatisation ahead of Kenya Pipeline IPO – African Business Ruto goes all in on privatisation ahead of Kenya Pipeline IPO – African Business
Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme.The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone who receives a breach notice.Details about the scope of the incident, including how many users were affected or when the intrusion was detected, were not disclosed publicly. Cointelegraph reached out to Figure for comment, but had not received a response by publicationThe hacking collective ShinyHunters claimed…
In 2025, Selar, an e-commerce startup that helps creators sell products, paid out over ₦18 billion ($12.8 million) to its African users. While the numbers might look good in isolation, the added context that this came within a decade of the startup’s launch and is almost double 2024’s ₦9 billion ($6.6 million) in payouts shows how far the bootstrapped startup has come. Like many African startups, reaching these milestones was far from straightforward. Douglas Kendyson, the company’s founder and CEO, told TechCabal that when he launched the business, he had no fixed blueprint for what it would become. Instead, constant…
Stephen Headrick / Android AuthorityI think I did it. I think I finally found a system that works for my brain. A system that brings my work and personal lives together under one roof and allows me to stay organized across tasks, documents, and projects — and it’s finally available on Android. This is, after all, the holy grail of productivity apps, right?Productivity apps are a dime a dozen these days, and I’ve tried way too many in search of something that works for me. But after consistently using it for a while now, I feel confident saying that the…
By PwCIn the high-stakes world of mergers, acquisitions, and corporate restructuring, the workforce is often the largest (silent) stakeholder. They hold significant influence, and regardless of the type of industry, without a productive and engaged workforce, the organisation can come to an immediate halt should the correct legal processes not be followed.The South African Labour Relations Act (LRA) is the law governing labour relations, specifically between employee and employer. The LRA ensures the protection of employees and provides clear structures to establish fair labour practices, regardless of the industry.Given the upheaval and uncertainty that is often experienced in a deal…
** For the best experience, download the free Africa Private Equity News app Android | iOS **Total investment into the African tech startup ecosystem increased by almost 50% to $1.64 billion in 2025 as the sector began to slowly recover from the impacts of the global capital shortage.This is according to the 11th edition of the annual African Tech Startups Funding Report released by startup news and research portal Disrupt Africa.A total of 178 startups raised a combined total of $1.64 billion over the course of the year, which represented a slight decline in terms of the number of funded…
A fund by a US venture capital firm backed by the philanthropist George Soros raised $20 million for African startups. Delta40, which operates out of Kenya and Nigeria, has already invested in 16 early-stage African companies since it launched in 2024. The company plans to invest up to half a million dollars in each startup it backs, focusing on those working in fintech, energy, mobility, and agriculture. As well as the Soros Economic Development Fund, Delta40’s fund is supported by investors including the Rockefeller Foundation, the Dutch development bank FMO, Germany’s development agency GIZ, and the Skoll Foundation. African startups…
Today, the Nigerian space is no longer male-dominated. It is commonplace for women to found and lead companies that solve practical problems and build systems people rely on every day. From finance and food production to digital empowerment, mobility, cross-border payment, e-commerce, internet access, and property, female founders are shaping how technology is used in everyday Nigerian life. This shift is significant because it alters our understanding of leadership and innovation within the ecosystem. Paying attention to female tech founders is no longer just about representation; it is about recognising the people building in sectors that matter deeply to Nigerians…
The bars on your smartphone represent the signal strength that your phone has received. It could also be used to determine how close your phone is to the nearest telecom tower in your vicinity. The technical term for this is loudness: just like an indicator for how well your device can ‘hear’ the nearest telecom tower. Think of signal strength like a Hawker calling out what they are selling. If they are in front of your house, their voices are loud and clear. If they move farther away to the next 2 or 4 houses, their voice gets quieter and…
February 2026 delivers significant updates to the PlayStation Plus Extra and Premium catalogs, bringing a major PS5 blockbuster and multiple new titles to subscribers. At the same time, PC players can claim several free games and add-ons through the Epic Games Store, making this a strong month for gamers across both platforms. Whether you play on PlayStation or PC, here’s a complete breakdown of the new PlayStation Plus additions and the free games available this month. PlayStation confirmed the February 2026 lineup during its recent State of Play presentation, highlighting key releases joining the PlayStation Plus Game Catalog for Extra…