Author: Elan

West Africa’s coastal cities are not sinking by accident – African Business West Africa’s coastal cities are not sinking by accident – African Business

Nine years ago, Binance didn’t exist, and fewer than 6 million people on Earth owned any cryptocurrency at all. This week, the exchange marked its ninth birthday, claiming a user base larger than the population of most G20 nations, and made clear it no longer thinks of itself as just a crypto exchange. Binance now boasts of 323 million registered users across more than 100 countries, up roughly 7% in the first half of 2026. This represents an estimated 43% of the world’s cryptocurrency holders. Lifetime trading volume across the platform has crossed $156.4 trillion, a figure the company says…

Moniepoint Inc has appointed Rose Muturi, former Branch Kenya CEO, as the chief executive for Kenya, as the Nigerian fintech unicorn bolsters its expansion strategy in East Africa following the acquisition of Sumac Microfinance Bank earlier in the year. The Nigerian fintech, in an emailed response on Tuesday, confirmed the appointment, stating that Muturi has been brought on board to oversee the company’s strategic direction and not to manage its new local subsidiary.   The appointment suggests that the unicorn is moving from securing a regulatory foothold in East Africa’s biggest economy to building a banking business. The acquisition of Sumac…

C. Scott Brown / Android AuthorityTL;DR Gmail users will now be able to edit and revise email drafts via the prompt bar. Using the custom refine instructions in Help Me Write, you can type a follow-up prompt to describe what you want changed. This feature is available for Google AI Plus, Pro, and Ultra users, in addition to Enterprise and Business customers. When you need help writing out an email, Google’s “Help Me Write” tool is right there to help out. The Gemini-powered Gmail feature can whip up a draft with just a simple prompt. However, as it is an…

  By Albert K. Owusu For more than 150 years, African governance has operated on borrowed templates, sidelining  Africa’s own relational worldview of custodianship, continuity, and communal existence. This  absence has left institutions vulnerable to dependency and external validation. In Ghana today,  the pattern is visible in parliamentary discourse: opposition parties and governments alike invoke  petitions to the International Monetary Fund (IMF) as a rhetorical weapon. Whether or not such  petitions are carried out, the symbolism is corrosive. Each threat signals that domestic  institutions are inadequate, eroding sovereignty and reinforcing the narrative that accountability  must come from outside rather than…

** For the best experience, download the free Africa Private Equity News app Android | iOS **The Competition Commission of South Africa has recommended that the Competition Tribunal approve investment firm Harith’s proposed acquisition of low-cost airline FlySafair.In February, Harith and its affiliates entered into a sale and purchase agreement to acquire FlySafair.Founded in 2006, Harith is a Johannesburg-based pan-African investment firm with over $3 billion in assets under management. It focuses on sectors including energy, digital connectivity, transportation, and logistics.The transaction follows a shareholder exit process at FlySafair that has been under consideration for several years.Want to know who…

Seun Rasheed Interview with Seun RasheedFOUNDER AND CEO, SOUK FARMS Lives in: Kigali, Rwanda Nigerian-born Seun Rasheed was working for oil giant Shell in Qatar when a holiday to Rwanda set him on a different path. During the trip, the wide gap between the local price of passion fruit and what it sold for in Europe caught his attention. He realised there was an opportunity to build an export business around that price gap. Seven years later, SOUK Farms supplies Rwandan-grown produce – including avocados, chillies and beans – to supermarkets in Europe and the Middle East. How we made…

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Accrue, an agent-led stablecoin fintech that operates in several African markets, has launched a banking platform for small and medium-sized businesses, in a move to capture rising demand for faster, cheaper cross-border business payments. Accrue Business allows businesses to hold, send, and receive stablecoins, collect international payments, and pay suppliers across borders using the same infrastructure that powers Cashramp, the company’s consumer remittance product.  Businesses can create a stablecoin wallet, virtual US dollar and euro accounts, invoicing tools, virtual cards, and stablecoin-based payroll, allowing them to receive international payments, pay suppliers across Africa, Europe, and the United States, manage employee…

PU Exchange has launched its mobile app, the PUEX app, pulling crypto trading, gift card exchange and everyday bill payments into one platform. It is now live on both the Apple App Store and Google Play. For a long time, using PU Exchange meant trading over WhatsApp. The new app moves all of that into one place, where everything happens in a few taps. Everything in one app On the PUEX app, users can: Buy and sell crypto — BTC, ETH, USDT and other major coins. Buy and sell gift cards — turn cards into naira, or buy the cards…